Gst itc difference adjustment procedure 20-21

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Kollipara Sundaraiah (Querist)
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18 June 2021 A gst registered dealers itc claim details mentioned below in f.y.20-21.
Q.no.1 example:
Itc claim as per gstr3b rs: Rs;12,50,000/-
Itc claim as per gstr2a in gst portal Rs:10,50,000/-
Q no.2 Example:
Itc claim as per gstr3b rs:10,50,000/-
Itc claim as per gstr2a in gst portal rs:12,50,000/-
Question:
1.Dealer above two questions itc taken claim invoicies entred books based
2.dealer two types questions itc difference adjustment procedure in f.y 20-21.

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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18 June 2021 Q1: Max ITC that can be claimed is 105% of GSTR2B value
Q2: Claim the balance ITC during the next GSTR3B

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