GST Reconciliation with 2A

Deepshikha Sharma (Tax Manager) (137 Points)

23 March 2021  

What would be the scenario if a vendor has filed GSTR-1 but hasn't filed GSTR-3B. Would we be able to get ITC of such invoices. Ideally the vendor hasn't paid the GST to the Govt but the liability has been raised through GSTR-1 so we shall be eligible to get ITC and shall take the ITC of such input supplies in our GSTR-3B.

Please confirm if my understanding is correct.