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URGENT - GSTR 2B and GSTR 3B mismatch

24 August 2022

Suppose I've ITC for the month of July 2021, but I've wrongly filed nil GSTR 3B for that month. What can I do now (Aug 2022) after identifying out the shortfall of ITC claimed in July 2021?

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10 Replies

Naveen Kumar (729 Points)
Replied 24 August 2022

You can claim the ITC in current month 3B

1 Like

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Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 24 August 2022

If it is appearing in GSTR-2A and GSTR-2B then you may claim it while filing August GSTR-3B

4 Like

Sandeep Jain (Pivate) (1459 Points)
Replied 24 August 2022

@ Eswar ready what is frame work of ICAI and comparative statement.

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 24 August 2022

Is it related to above query?

2 Like

Sandeep Jain (Pivate) (1459 Points)
Replied 24 August 2022

No it's not a related

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sabyasachi mukherjee (27574 Points)
Replied 29 August 2022

Gstr 2b and 3b has two seperate purpose , one is for inputs received and another for output. Now you can rectify and revise gstr 3b

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 31 August 2022

But ITC as per 2B only can be considered in 3B

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 03 September 2022

You can claim such ITC till 30 November

1 Like

R J (14 Points)
Replied 04 September 2022

ITC can only be claimed for tax invoices and debit notes which are less than a year old. In any other case, the last date to claim ITC is the earlier of the following: Before filing valid GST returns for month of September following the end of the financial year applicable to that invoice.

to match your annual sales, you can make entry on 31st March,2022(to remark it) with narration of actual entry dated July 2021, but input taken in (August/September 2022) 3B

2 Like

S JEEVARETHINAM (Sr Manager Finance and Taxation) (137 Points)
Replied 05 September 2022

Please refer the ITC time limit

As per Sub Section 4 of Section 16 of the CGST Act, 2017, it provides:
(4) “A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier.”