Bank itc can be claimed or not shown in 2a

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28 Points Posted on 18 September 2022
bank itc can be claimed
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On 18 September 2022 at 23:30 Report
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Quick Summary
You can claim Input Tax Credit (ITC) on bank charges, provided you meet all conditions under Section 16(2) of the CGST Act. Crucially, ITC must reflect in your GSTR-2B to be claimable, not just GSTR-2A. Ensure you have the correct invoice and file your GSTR-3B after the 13th of the following month for auto-population from GSTR-2B.

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GST Practitioner & Accounts
15146 Points Posted on 19 September 2022
To claim ITC, you have to fulfill all conditions in section 16(2) of the CGST act, one of the condition is ITC must reflect in GSTR2B . So after reflection in GSTR2B you Can claim. Do not claim as per GSTR 2A .
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On 19 September 2022 at 06:38
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CFO- at NHTF
58280 Points Posted on 19 September 2022
File GSTR-3B after 13th of subsequent month..ITC will be auto-populated from 2B
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On 19 September 2022 at 08:52
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GST Practitioner
55067 Points Posted on 20 September 2022
Yes you can claim ITC on bank charges.
Make sure you must have the copy invoice.
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On 20 September 2022 at 01:07

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