LIVE GST Audit Course by CA Sachin Jain. Register Now!!

2b missing itc gstr3b taken input or not

01 July 2021

Buyer purchase bill not file in gstr1 and seller but Not reflected in gstr 2b seller company gstr3b input claim or not please tell me answer

Reply
Follow
Share

4 Replies

V SUBRAMANIAM (500 Points)
Replied 01 July 2021

Which month invoice?

CMA Poornima Madhava (CMA) (13097 Points)
Replied 01 July 2021

It is the buyer who would claim ITC on the basis of GSTR2A/2B which in turn is based on GSTR1 filed by the seller. Max ITC that a buyer can claim is 105% of GSTR2B value.

However, for Apr and May, the buyer may claim ITC on the basis of invoices. For Jun, max ITC would be restricted to 105% of value as per GSTR2B from Apr to Jun 21 to be applied cumulatively.

Sateesh Kumar (199 Points)
Replied 01 July 2021

April 2021 bill puchased and again same date sales but purchase not upload in gstr2a/2b stock position how

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 01 July 2021

There is nothing to do with Stock.
The only ITC which is not available if not reflected in 2B . But as in term of Notification 27/2021 condition to claim ITC under Rule 36(4) shall apply Cumulative for April to June 21 .