Extra ITC available in GSTR-2A
This query is : Resolved
19 December 2021
I purchased a product and the seller has issued two invoices for it, so I have TWO TIMES the eligible ITC available now in GSTR-2A.
If I claim the correct amount of ITC(only for single item) in GSTR-3B, what will happen if the seller issues credit note next month?
1. Will I have to pay the reverse ITC from my pocket next month?
2. It will cause mismatch in 2A and 3B for 2 months(this month and the next month). Will the GST department issue notice for the same?
If I claim the correct amount of ITC(only for single item) in GSTR-3B, what will happen if the seller issues credit note next month?
1. Will I have to pay the reverse ITC from my pocket next month?
2. It will cause mismatch in 2A and 3B for 2 months(this month and the next month). Will the GST department issue notice for the same?
19 December 2021
1 Not required if you claim for single item.
2 No notice will be issued in such a case.
2 No notice will be issued in such a case.
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19 December 2021
@CA R SEETHARAMAN, Thank you sir. How should I correctly claim the ITC?
1. Should I show the correct amount(ITC of single item only) in ITC available?
or
2. Should I show the total amount(for both item) in ITC available, and show the ITC of one item in "ITC reversed" section?
1. Should I show the correct amount(ITC of single item only) in ITC available?
or
2. Should I show the total amount(for both item) in ITC available, and show the ITC of one item in "ITC reversed" section?
19 December 2021
Show the correct amount(ITC of single item only) in ITC available.
Message likes :
1 times
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