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ITC unavailable

26 June 2021

my client purchased goods as B2B in april 2021. His 2A reflected that the supplier had filed gstr 1 after due date (on 3rd june), so i could not avail the itc for april. when will i get the itc ?

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8 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 26 June 2021

Rule 36(4) related to cap of 105% of ITC on GSTR2A/2B has been relaxed for Apr and May. I think ITC as per books can be claimed for Apr and May. For June, 105% has to be cumulatively (Apr-Jun) applied to arrive at allowable ITC.

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Imthias ahamed Kormath (910 Points)
Replied 26 June 2021

An invoice can avail itc during during six months, so,before October, can avail itc.

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Prabhat Pandey (210 Points)
Replied 26 June 2021

That ITC amount is avaliable on the month of May not for the month of April, You should claim in the month of May

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Tax Officer (49 Points)
Replied 27 June 2021

You could have availed in April also as restriction 36(4) is relieved for April to June..however since you have not availed till now..you can availed the itc in June month.

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 27 June 2021

As per Notification 27/2021 CT , conditions prescribed as per Rule 36(4) , availing of ITC from 2B is need to be checked Cumulative for April 2021 to June 2021 .

So claim the ITC for April to May as per Books & in June Check your 2A/2B cumulative from April to June & if find any Invoices not reflected therein can be reversed in June Month Return.

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Prithviraj Das (128 Points)
Replied 27 June 2021

Thank you very much to all for the help.

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