there is b2b taxable sale in fy 20-21 but forgot to shown in gstr 1 upto September 2021, but tax paid through drc 03 and also shown in gstr 9 and 9c as turnover exceeds rs. 5 cr can buyer get claim of itc kindly suggest
Replies (2)
Quick Summary
This discussion addresses a situation where B2B taxable sales from FY 20-21 were not declared in GSTR 1 by September 2021, though the tax was paid via DRC-03 and turnover exceeded Rs. 5 crore, reflected in GSTR 9 and 9C. The core question is whether the buyer can still claim Input Tax Credit (ITC) for these missed sales. The consensus suggests the time limit for such claims may have passed, and not including the sales in the September GSTR 1 would prevent the ITC from appearing in the buyer's GSTR 2B.