In GSTR-2A total amount ITC is Rs. 100,000/- but in GSTR-2B total amount of ITC is Rs. 5000/- only this is difference due to late filling of GSTR-1 by the supplier. In GSTR-3B auto populated ITC is showing only Rs. 5000/-. How to claim ITC of difference amount of Rs. 95.000/- please suggest.
7 Replies
Sumit Shukla
(378 Points)
Replied 04 January 2021
For claiming ITC you need to fulfill the condition as per Sec 16 of CGST act.... Differences doesn't matter
Hemchand Kohli
(Accountant)
(889 Points)
Replied 04 January 2021
But when I change the figure the following notification shows:
variance above 10% of the input tax credit in contravention to Rule 36(4) of the CGST Rules, 2017.
Sumit Shukla
(378 Points)
Replied 04 January 2021
You will be allowed to claim 90% of ITC of uploaded invoice in respect of pending invoice thus you can claim now5000+4500 I.e 9500. Balatnce to be claimed in the month where supplier upload it's invoice. Coordinate for same with your supplier
Hemchand Kohli
(Accountant)
(889 Points)
Replied 04 January 2021
In GSTR-2A all invoice are showing but in GSTR-2B not showing due to late filing of GSTR-1 by the supplier. As GSTR-2B does not update.
Hemchand Kohli
(Accountant)
(889 Points)
Replied 04 January 2021
Thanking you sir, It means I may take ITC only 9500/- only even GSTR-2A is showing 100,000/- difference amount would be adjusted in next month.
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