Confusion in ITC

This query is : Resolved

Rakesh Sharma (Querist)
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17 January 2021 Respected Experts,

We are manufacturer and file GSTR-1 & GSTR 3B on monthly basis. Presently, we are very confused that what will be the basis of ITC. Let suppose our total ITC in books in Dec-20 is around 22 Lacs.
GSTR-2B shows around 18 lacs, in which some traders have not filed their GSTR-1. So how many ITC we can claim?

Also, guide us we have to file our GSTR 3B on 2B basis or 2A basis, if 2B basis, what will be the roll of GSTR 2A in presently scenario.

Kindly guide me.

Rakesh Sharma

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 January 2021 Claim 18 lacs plus 5% ITC.
Claim as per 2A or 2B which one show higher. 2A is updated till date.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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17 January 2021 GO FOR DETAILED ADVISORIES ISSUED BY GST AT
https://www.gst.gov.in/help/returns

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