Can we take ITC if GSTR-1 filed on 12th of month

This query is : Resolved

Quick Summary

If GSTR-1 is filed after the due date, invoices may appear in GSTR-2A but not in GSTR-2B for that month. ITC eligibility is generally linked to GSTR-2B, so the vendor may need to claim credit in the next eligible period.

Pradeep Sharma

Pradeep Sharma (Querist)
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16 April 2021 Dear Sir
Our company turnover is more than 5 crore. we filed GSTR-1 on 10th of every month but in march we filed GSTR-1 on 12th march.

can our vendor take input of these bill in march?
is these bills show in our vendor GSTR-2B?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 April 2021 It will be shown in GSTR 2A. Your vendor can take credit in March filings.

CA Altamush Zafar

CA Altamush Zafar (Expert)
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16 April 2021 These bills won't get showed in 2B. but they will be showing in 2A

Message likes : 1 times

CA. Bhavik P. Chudasama

CA. Bhavik P. Chudasama (Expert)
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19 April 2021 As per New Changes in the Law , ITC Eligible is restricted to ITC Reflected in GSTR 2B , Therefore whatever reflected in GSTR 2B only can be claimed. Because Person Opted or liable to file Monthly GSTR 1 cut off dates is 11th of succeeding month & for Person Filing IFF cut off date is 13th of succeeding Month.
Therefore
Date of Filing depends on whether you are Monthly Filer or under QRMP Scheme

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 April 2021 No, ITC shown in 2A can be claimed.

CA. Bhavik P. Chudasama

CA. Bhavik P. Chudasama (Expert)
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19 April 2021 Hello Sir,
I am not denying that ITC as per GSTR 2A cannot be claimed but GSTR 2A get updated each day & as per GST Law ITC can be claimed as per GSTR 2A as on 11th Day of succeeding month & Due Date for GSTR 1 Monthly Filers is 11th & for Dealers opting for QRMP Scheme is 13th of succeeding month.

So incase if you go as per GSTR 2A you cannot ascertain which dealer is under Monthly Scheme and which in Under QRMP scheme.

Whereas GSTR 2B is static report which automatically filters down the Monthly Filer & QRMP Dealer & based on the date of filing it reflects in your GSTR 2B, which make the working simple.

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