Hello All,
I have read few answers related to GSTR 2A and 3B mismatch, many of us said we can utilise balance as per 3B but as per law in order to utilise ITC one have to comply sec 16 read with sec 36 & 37, that is one must have valid invoice, and goods must be received and supplier had paid taxes to govt and he must have furnished return.
Can any one give me clarity what to do with ITC mismatch between 2A and 3B.
If you have a Invoice and material received then you can avail ITC on it subject to supplier filed return for the same.
Now as per the new provision in section (6) 43A , no need to reverse ITC but liability of unpaid tax payment is jointly to buyer and supplier.
you refer the section for the same.
CAclubindia
