Whether we can take ITC as per 2A or as per 2B. Is it compulsory to take credit as per GSTR 2B only or can we take ITC as per GSTR 2A. Since we have quite a few suppliers who file their GST return after due date and such ITC is visible only in 2A and not in 2B.
1 Replies
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 12 October 2021
For a longer period and easier reconciliation it is better to use GSTR 2B. But, if significant ITC arises after due date filing, then can take GSTR 2A but this will require MTD (month to date) and YTD (Year to date) reconciliations.
GSTR 1 monthly due date - 11th; Quarterly - 13th. Suggest to take GSTR 2B on 14th
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