banner_ad

Regarding ITC of GSTR2B

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 January 2022 Dear Sir,

My Company purchase Raw material from Chennai on 31.12.2021 , bill date is 31.12.2021 and when customer file GSTR1 the bill also in GSTR1 and showing in my GSTR2B for the month of Dec-2021.

But the above material we received on 3rd Jan-2022 and booked in our books in Jan-2022 because we taken ITC on receipt of goods.

now question is here my Dec-2021 ITC mismatched with Dec-2021 GSTR2B and also Jan-2022 mismatched .

So pls guide correct treatment for in transit material on closing dates.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
19 January 2022 Possession of goods is one of the important condition for claiming ITC. In this case since the possession of goods is with you on the date of filing of GST return ITC can be claimed in December return.
Profile Image

CA Altamush Zafar

Profile Image

CA Altamush Zafar (Expert)
21 January 2022 Take ITC in January. Cannot be claimed in December
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details