Regarding Claiming ITC based on GSTR-2A

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A business owner is seeking advice on claiming Input Tax Credit (ITC) when a supplier's GSTR-1 was delayed, causing the credit to appear in GSTR-2A but not GSTR-2B. The tax liability is substantial, making the ITC crucial. Experts suggest that in such genuine difficulties, especially with large tax components, claiming the ITC is permissible. They advise noting the claim and avoiding claiming it again in the following month when it appears in GSTR-2B.

Joseph mathew

Joseph mathew (Querist)

15 December 2023 The supplier didn't submit the GSTR-1 for November within the due date, so it didn't reflect in the GSTR-2B for November but is visible in the GSTR-2A. Can I claim Input Tax Credit (ITC) based on the GSTR-2A? Our tax liability exceeds 90 lakhs, and not claiming the ITC could significantly impact it.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)

30 December 2023 Yes this is sometimes genuine difficulty, if tax component is large you can claim in my opinion. make a note of this and do not claim it again in the next month when it gets reflected in 2B.

Joseph mathew

Joseph mathew (Querist)

02 January 2024 Noted, thank you sir

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