Can we take ITC if GSTR-1 filed on 12th of month
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?
Date of Filing depends on whether you are Monthly Filer or under QRMP Scheme
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.