Whether we can take ITC as per 2A or as per 2B. Is it compulsory to take credit as per GSTR 2B only or can we take ITC as per GSTR 2A. Since we have quite a few suppliers who file their GST return after due date and such ITC is visible only in 2A and not in 2B.
Menu
GST ITC Reco
Replies (2)
For a longer period and easier reconciliation it is better to use GSTR 2B. But, if significant ITC arises after due date filing, then can take GSTR 2A but this will require MTD (month to date) and YTD (Year to date) reconciliations.
GSTR 1 monthly due date - 11th; Quarterly - 13th. Suggest to take GSTR 2B on 14th
Dear,
Download GST reconciliation excel utility to simplify your GST reconciliation tasks and optimize your GST filing process today.
Link - https://xltool.in/gst-reconciliation/ | https://www.xltool.in
Recent Threads
- Exporting USA made goods from India Back - Applica
- Foreign Dividend earn
- TDS on Salary deducted but not paid by the employe
- GST INVOICE NOT SHOWN IN GSTR 1
- Turnover in AIS summary
- How to treat unutilised capital gain account schem
- What to do / how to handle about Capital receipt s
- How to show SGB interest in iTR
- How to file income tax return of ATM franchisee bu
- ITR Filing in case of deceased person
Related Threads
CAclubindia
