How claim ITC from those who is Return quarterly.

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This discussion addresses how to claim Input Tax Credit (ITC) when purchasing goods from a proprietary firm that files its returns quarterly, while your own business files monthly. The advice given is to wait and claim the ITC when it appears in your GSTR 2B, which aligns with the quarterly filing of your supplier.

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(Querist)
23 June 2024 Res/ Sir, Madam,
We make monthly returns, and we purchased goods from one such Proprietary firm which are return quarterly. So Sir, when we should ITC be claimed and how much?

Thanks,
Regards,
Ashok Yadav
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 June 2024 Wait and claim quarterly when it appears in GSTR 2b.
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Ashok

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Ashok (Querist)
24 June 2024 Thank You so much Sir,
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 June 2024 You are welcome...
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