Regarding Claiming ITC based on GSTR-2A
This query is : Resolved
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.
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.
02 January 2024
Noted, thank you sir
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