Whether Input can be claimed on Invoices
This query is : Resolved
19 March 2025
whether input can be claimed on Invoices, invoices received but service provider filed quarterly returns and not reflected in 2B , what is procedure to take GST Input.
19 March 2025
Option-01
You can't avail ITC if the invoice details not reflected in your GSTR2B. You should push vendor to file the GSTR01, if they failed to file GSTR01, Recover the GST paid amount from vendor.
Option-02
You can avail ITC even if the details not available in your GSTR2B because the vendor opted to file the return on Quarterly basis. But please note, if the vendor not file the return on or before you filing September month return, you must be reverse the same with interest.
So option-01 always preferable. and Holding vendor bills/amount is not advisable for MSME cases.
You can't avail ITC if the invoice details not reflected in your GSTR2B. You should push vendor to file the GSTR01, if they failed to file GSTR01, Recover the GST paid amount from vendor.
Option-02
You can avail ITC even if the details not available in your GSTR2B because the vendor opted to file the return on Quarterly basis. But please note, if the vendor not file the return on or before you filing September month return, you must be reverse the same with interest.
So option-01 always preferable. and Holding vendor bills/amount is not advisable for MSME cases.
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