GSTR-2A

330 views 5 replies
What will happen if ITC availed in 2017-18 will not match with GSTR-2A?
Replies (5)
if the ITC in 3B is more than in 2A, then you have to reverse the ITC and also pay interest.
if less , then?
how to reverse itc
As per section 16 , to have ITC claim : 1.Have Tax Invoice
2.Reced Goods
3.GST has been Deposited by Supplier
4. Further of business

So As per point 3 can only be achived if GSTR1, 2,&3 all had been filed but its was not. Hence nobody knows whether your supplier has deposited the GST on the bill raise to you . iam not denying the bills reflected in 2a has no importance in claiming ITC, but ... if you have reced bill & reced goods & the same is not reflected in 2a you still liable to claim ITC .

In short Any difference in 2a with your books can be match by increasing or decreasing ITC in your 3b & keep prepare reco. statement for the same
@ Mohit Lodhi.,

(if less , then?) then You can claim the ITC in Your next return (You can't avail after September-18 GSTR 3B return)...

@ Vishal Goel.,

(how to reverse itc) You ll add to Your outward value which is wrongly claimed ITC in any of the previous month/s and Pay interest @ 24%. Interest will be payable from the ITC availed date.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details