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ITC not Available in GST portal

Kishore Nuthalapati (Accountant for multiple small entities) (171 Points)

13 October 2024

Hi sir/ Madam

I am seeing few line items in ITC not available table in GSTR 2B

On what basis GST portal is taking these line items

Could some one please advise

Thanks

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Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (5146 Points)
Replied 14 October 2024

The "ITC not available" table in GSTR-2B displays invoice-wise details of input tax credit (ITC) that cannot be availed. The GST portal generates this table based on the following reasons: 1. *Invoices not uploaded by the supplier*: If the supplier has not uploaded the invoices in their GSTR-1, the ITC will not be available to the recipient. 2. *Mismatch in invoice details*: If there's a mismatch in invoice details, such as invoice number, date, or value, between the supplier's GSTR-1 and the recipient's GSTR-2B, the ITC will be blocked. 3. *Supplier not having a valid GSTIN*: If the supplier doesn't have a valid GSTIN or hasn't filed their GSTR-1, the ITC will not be available. 4. *Invoices related to exempted goods or services*: ITC is not available for invoices related to exempted goods or services. 5. *Invoices related to goods or services used for personal consumption*: ITC is not available for invoices related to goods or services used for personal consumption. 6. *Invoices with invalid or duplicate IRN*: If the Invoice Reference Number (IRN) is invalid or duplicate, the ITC will be blocked. 7. *Invoices with invalid GSTIN or PAN*: If the GSTIN or PAN of the supplier or recipient is invalid, the ITC will be blocked. 8. *Invoices related to cess or additional tax*: ITC is not available for invoices related to cess or additional tax. 9. *Invoices with incorrect or incomplete details*: If the invoices have incorrect or incomplete details, the ITC will be blocked. Please review the invoices and communicate with your suppliers to resolve the issues.

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