what happen when we take input as per book but 2b show less then book.
what is treatment by tax officer on mismatch amount. they told us to pay mismatch amount or they demand interest on mismatch utilisation
2 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 16 April 2022
You must consider as per 2B and don't go beyond this
anil jain
(Partner)
(1072 Points)
Replied 16 April 2022
point is how much ITC you claim whether as per books or as per gstr2b.
if your itc claim is as per gstr2b, do not worry.
if itc is more than gstr2b you will be in trouble.
you will be called to reverse excess itc with interest and penalty will also be imposed.
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