Input tax credit - mismatch in gstr 2a

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This query is : Resolved

Abdul Rahim E A (Querist)

17 February 2018 Sir,
we received a bill issued by a party to us for 28% GST, we claimed input for such amount and Party is fully settled. when we check the GSTR 2A the shown only 18 Input in our Bill. They did inform us that bill were revised.
Can we claim Input for 28%????

RAJA P M

RAJA P M (Expert)

17 February 2018 What is the Goods GST Rate?

Abdul Rahim E A

Abdul Rahim E A (Querist)

17 February 2018 18%..They issued bill for us for 28%. if they collected they should pay na?

RAJA P M

RAJA P M (Expert)

17 February 2018 It's wrong... Also penalty levied for Tax mismatch...
Change or Amend the Bill by Supplier...

*Otherwise consideration by You with your Supplier

CMA Poornima Madhava

CMA Poornima Madhava (Expert)

17 February 2018 Since the supplier has already informed you about the change (assuming that a revised invoice or C/N is raised by them), you may have to restrict your ITC to 18% and ask the supplier to pay you the difference back.

Abdul Rahim E A

Abdul Rahim E A (Querist)

19 February 2018 They didnt inform us or revise the Bill yet.. if so we r liable for excess input?

CMA Poornima Madhava

CMA Poornima Madhava (Expert)

20 February 2018 It is better you take the matter up with the vendor since there is a mismatch in the tax amount. Ask them to pay you the difference if the rate of GST applicable is only 18%

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

30 October 2026 Since the supplier has reported only 18%, ITC is limited to that amount (Sec 16(2)(aa)); reverse the excess 10% in GSTR-3B Table 4(B)(2) and pay 18% interest under Sec 50(3) if the excess credit was utilised, then recover the excess tax from the supplier through a credit note or refund.

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