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ITC reflected in GSTR-2A but 3B not filed by vendor

PRABAKARAN S (Accountanat) (45 Points)

26 January 2023

please advice ,if the invoices are reflected in GSTR-2A but not filed 3B by vendor.we are eligible to take ITC and no any exposure

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6 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 26 January 2023

You can't take ITC based 2A but you should consider based on GSTR2B

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prasad Nilugal ( GST Practitioner & Accounts ) (14805 Points)
Replied 27 January 2023

As per section 16(2) of the CGST Act, Supplier must pay the GST by filling GSTR3B to Govt Account to claim input tax credit. also Invoices should reflect in GSTR2B.

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PRABAKARAN S (Accountanat) (45 Points)
Replied 27 January 2023

Sorry above the words GSTR-2a instead of GSTr 2b

sabyasachi mukherjee (27579 Points)
Replied 27 January 2023

2A AND 2B HAS DIFFERENT IMPLICATIONS.

CA Vidyasagar B (Assistant Manager ) (176 Points)
Replied 28 January 2023

As per section 41(2), a registered person is required to reverse the tax along with interest, if the same is not paid by the supplier.However, the same can be reavailed without any time limit to reavail it if the same is paid by the supplier. In this regard, Rule 37A is inserted vide notification No. 26/2022 –(Central Tax) dated December 26, 2022 which provides that registered person is required to reverse the tax if the supplier has not filed his GSTR-3B return till 30th September of the next f.y