As per TAX LIABILITY & ITC STATEMENT SUMMARY(FY20-21), it appears that I have not claimed ITC on many instances (months), the reason being these did not reflect in the respective month's GSTR2A, can I claim them now in March 21 GSTR3B.
Menu
Can I CLAIM Unclaimed ITC as per ANNUAL TAX LIABILITY & ITC STATEMENT SUMMARY IN MARCH
Replies (9)
Quick Summary
Yes you can claim ITC
Yes claim ITC and also make proper reconciliations for the same.
Thanks Sourav & Altamush Zafar.
Yes you can claim ITC
Your welcome
I am getting this message when I entered anything more that is available in GSTR2B for the quarter (Jan-Mar21).
"The information entered by you in cells highlighted in red is in variance with the auto-populated data in table 4A. The input tax credit has been auto-populated based on the GSTR-2B generated for you. Also, please note that any variance above 5% of the input tax credit is in contravention to Rule 36(4) of the CGST Rules, 2017. Kindly recheck and proceed."
Can I still CLAIM all the unclaimed ITCs as per ITC SUMMARY (2020-2021)
Yes you can still claim. Prepare proper reconciliations so that you can explain to the department when needed.
Ok. I'll claim them. Thanks for your help.
Yes you can claim ITC but prepare reconciliation statement properly
Recent Topics :
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
Related Topics :
CAclubindia
