Advisory regarding excess itc in 3b

Save Share

This query is : Resolved

Quick Summary

This discussion addresses a query about an advisory received from the tax department regarding a difference between Input Tax Credit (ITC) claimed in GSTR-3B and GSTR-2A. The user had claimed ITC for September and October purchases in November, after their suppliers had filed GSTR-1. Experts clarified that claiming ITC for previous months' invoices is permissible. The advice given is to respond to the department by stating there is no difference, or if a visit is required, to explain the reasons for the delay in claiming ITC, such as late receipt of bills or oversight.

k.b.nagesharao

k.b.nagesharao (Querist)
Follow

25 January 2020 Dear Experts,
we have taken purchases of sept and oct in the month of nov-19 and utilized input tax credit as per 3b. all our suppliers filed their GSTR-1. in the same month. now the department sent us advisory to pay the difference of 2a and 3b input tax credit .Kindly advise us how to replay this. Is it wrong to take input tax credit of previous months inv and utilizing the gst paid on them. Thanks in advance.

K.B.Nagesha Rao
9448826793