Input credit claimed eligible

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This discussion clarifies the eligibility of input tax credit claimed in GSTR-3B for April 2020, even if the supplier's GSTR-1 was filed later in July 2020. While the claim is generally permissible under the GST Act, the total credit allowed is capped at 110% of the amount appearing in GSTR-2A by September 2020.

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(Querist)
10 October 2020 A gst registered regular scheme dealer purchases of goods april-2020 Input credit claimed shown in gstr3b .but selling supplier goods shown in gstr1 July -2020 upload.
Question:
Dealer input credit claimed shown in April-2020 gstr3b eligible in gst act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 October 2020 Yes, input credit claimed shown in April-2020 gstr3b eligible in gst act.
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Lekhraj sood

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Lekhraj sood (Expert)
10 October 2020 Yes no problem but the total credit is allowed only to the extent of 110% of appearing in 2A in September 2020.
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