GSTR 2A or 2B.

372 views
User Avatar

243 Points Posted on 17 April 2021
Hey,

instead of GSTR 2b reconciliation can we reconcile with GSTR 2A ?

and can we claim 5% ITC provision of GSTR 2A ? I'm jus can we claim 5% about 2A not 2b .

there is no rule taht we should reconcile only as per GSTR 2b ?


pls attach reference if any.
0 Reply Share Follow
On 17 April 2021 at 13:19 Report
Replies (6)
Quick Summary
This discussion clarifies whether GSTR 2A can be used for Input Tax Credit (ITC) reconciliation instead of GSTR 2B. It confirms that while GSTR 2B is the preferred method for claiming the 5% provisional ITC under Rule 36(4), reconciliation can technically be done with either 2A or 2B. The key is ensuring the provisional ITC amount is reflected in GSTR 2B. Recommendations for reconciliation software, including Tally, are also provided.

User Avatar

1388 Points Posted on 17 April 2021
As per rule 36 (4) you can claim 5% as per gstr 2b
1 Reply
On 17 April 2021 at 16:08
User Avatar

Chartered Accountant
24588 Points Posted on 17 April 2021
5% should be claimed as per 2b
Reply
On 17 April 2021 at 17:10
User Avatar

243 Points Posted on 17 April 2021
Thank you.

btw - Can you guys can tell a good software for reconciling ?
Reply
On 17 April 2021 at 17:22
User Avatar

Student
1628 Points Posted on 17 April 2021
Dear Pradhish, if you are using Tally then you can also reconcile through it... for this simply download 2A Jason and load in Tally... for further assistance on how to load in Tally you can refer Tally official website !!

Thanks
Reply
On 17 April 2021 at 18:42
User Avatar

243 Points Posted on 17 April 2021
Dear Shyam ji, thank you
Reply
On 17 April 2021 at 18:56
User Avatar

CA
1258 Points Posted on 24 April 2021

You can reconcile with GSTR-2A or GSTR-2B it does not make much difference. Only thing you need to remember is the 100% value which you are taking to claim the 5% provisional ITC is available in GSTR-2B

Reply
On 24 April 2021 at 00:13

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company 3 months old, INC-20A not filed, all 3 of
  2. How do I choose the Best GST Lawyers in New Delhi
  3. Loss on sale of residential flat after indexing al
  4. Short Deduction
  5. Large mismatch between AIS Business Receipts and G
  6. Income tax on Australian Stipendiary Steward on 3
  7. INCOME TAX SECTION 92E
  8. Queries on Tax Invoice and GST
  9. Income Tax Auditor Tenure for Small Companies
  10. Sec 8 company sec 12ab reg

More recent discussions | Post

Related Topics :

Loading