Regarding Claim of ITC of FY 2020-21

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This query is : Resolved

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A client faces a GST demand for FY 2020-21 due to under-reporting sales in GSTR-3B. While GSTR-2A/2B shows a higher eligible ITC, only a portion was claimed in GSTR-3B. The client wishes to claim the remaining ITC to offset the demand, but the time limit for claiming credit in GSTR-3B has likely expired, meaning the credit wouldn't have accumulated in the electronic credit ledger.

Jaswinder singh

Jaswinder singh (Querist)

13 January 2025 Respected Colleagues,
One of my client received SCN for FY 2020-21 in which dept calculates Rs 400000/ gst demand because of less reporting of sale in 3B and we agree with dept. and also in FY 2020-21 which GSTR 2A/2B shows 490000/- GST credit, but actually claimed in 3B just Rs 180000/- shortfall of Rs 310000/- and also filed GSTR 9 with correct GST Input Credit but the issue is he unable to claim credit in 3B return monthwise upto the eligible time limit but shows in GSTR 9 (GSTR 9C not filed), now my ques is whether he is eligible to claim pending ITC of FY 2020-21 to adjust demand upto 310000/- and pending we agree to pay in cash? Kindly advice

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)

16 January 2025 No, its not possible as the time limit has expired. credit gets accumulated in e credit ledger only when it is claimed through 3B which you have not done.

Jaswinder singh

Jaswinder singh (Querist)

16 January 2025 Ok sir Thankuuu.............

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