Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Input Issue

275 views

Save Share

Raju Roy

Accountant

80 Points Posted on 24 January 2021

Hi Sir,
I wish to know the following point...
Assuming that a Interstate Supplier sent goods on 01/01/2021 but Invoice date was 31/12/2020. Recepient received goods on 05/01/21.
Accordingly the above is reflected in Dec.2020 - 2A & 3B by the supplier. Since the recipient received in 05/01/21, it is accounted in the books recipient in Jan.-21.
So, the recipient takes Input manually in Jan.2021 GSTR-3B. But as per new Rules, the Portal will alert for manually changes the respective field.

Kindly advise the correct method.

Replies (5)

Quick Summary

This discussion addresses a common input tax credit query where goods are dispatched in one month but received in the next. The supplier invoices in December 2020, but the recipient receives the goods in January 2021. While the supplier reflects this in their December filings, the recipient accounts for it in January. The recipient is concerned about portal alerts when manually entering the credit in January and the potential for departmental notices. The advice given is to claim the credit in the month of receipt, as the portal alert is precautionary. If a notice (SCN) is issued, a reconciliation statement can be prepared to explain the valid reason for the timing difference.

Divyam Agarwal

Practicing Chartered Accountant

959 Points Posted on 26 January 2021

You should take in the month in which the goods have been received by you only. The portal is alerting only as a precautionary measure.

Raju Roy

Accountant

80 Points Posted on 26 January 2021

Dear Sir
In your response if I filled manually & filed GSTR 3B by force in spite of Red Alert, whether is it applicable receiving of Notice from Dept. and after receiving any Notice what will I do?
Please advise.