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GST ITC of FY 2021

31 October 2021

if on our portal not showing Input GST in GSTR2A of 2021 of x company and he said he rectify his mistake at the time of filling 3B of oct_ 21, than what should I do? my GSTR 3b of sept-21 is pending till date please help

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7 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 31 October 2021

You should file GSTR 3B

CA Aakarsh Jain (CA) (10216 Points)
Replied 31 October 2021

You can claim this input in your 3B

CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13531 Points)
Replied 01 November 2021

If you haven't claimed the input not shown in 2A earlier which was now rectified you are eligible to claim the same in september 3B as sept 3B is the last return for claiming any left out input for FY 20-21.

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 01 November 2021

According to the new rule, “20 per cent” ITC for non-invoice returns is now replaced with “10 per cent” ITC, effective from the 1st January, 2020. It means, from 1st January 2020, only 10% ITC shall be available to those taxpayers who fail to upload related invoices on the portal. Earlier this amount was capped at 20%

A regular taxpayer can claim provisional ITC in GSTR-3B only to the extent of 5% of the ITC available in GSTR-2B. It means the amount of ITC reported in GSTR-3B will be a total of actual ITC in GSTR-2B and provisional ITC being 5% of actual ITC in GSTR-2B.