Hello good afternoon.
can we claim ITC as reflecting in Gstr2a rather than Gstr2b?.
Supplier had filed gstr 1 after due date so ITC is reflecting in Gstr2a of march but not showing in Gstr2b.
company need to set off its output liability from ITC so intend to claim it in march..
plz help..
As per the GST law, input tax credit (ITC) can be claimed only on the basis of the details furnished by the suppliers in their GSTR-1 and the same should reflect in the GSTR-2B of the recipient.
GSTR-2A is a read-only document that auto-populates based on the information filed by the supplier in GSTR-1 on the other hand, is a dynamic statement that reflects the final and reconciled input tax credit of the recipient for a given tax period.
However, in cases where the supplier has filed GSTR-1 after the due date, the details of such invoices may not reflect in the recipient's GSTR-2B for the relevant tax period, but may be available in GSTR-2A. In such a situation, the recipient can claim ITC on the basis of GSTR-2A.
In your case, if the supplier has filed GSTR-1 after the due date and the invoices are reflecting in GSTR-2A but not in GSTR-2B, you can claim ITC on the basis of GSTR-2A. However, you should ensure that the supplier has actually filed the GSTR-1 and the details are correct and match with the invoices received by you.
It is advisable to reconcile the details in GSTR-2A with the actual invoices and also communicate with the supplier to ensure that they have correctly filed the GSTR-1. You should also maintain proper documentation and records to support the claim of ITC.
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