what happen when we take input as per book but 2b show less then book.
what is treatment by tax officer on mismatch amount. they told us to pay mismatch amount or they demand interest on mismatch utilisation
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Input as per book but more then 2b
Replies (2)
You must consider as per 2B and don't go beyond this
point is how much ITC you claim whether as per books or as per gstr2b.
if your itc claim is as per gstr2b, do not worry.
if itc is more than gstr2b you will be in trouble.
you will be called to reverse excess itc with interest and penalty will also be imposed.
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