Dear Sir,
earlier I have claimed ITC as per books. but lots of invoice not reflect in 2A even 2B. so please suggest which input tax Claim do we have to make as per 2A, As per 2B or as per books.
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Input tax credit Claim or not
Replies (6)
Quick Summary
Max ITC that you may avail is 105% of value as per GSTR2B.
ITC can claimed from GSTR-2B, if invoices not reflected in GSTR-2B you follow up with supplier to file GSTR-1 and only 105% of ITC shown in GSTR-2B will allowed
As per GSTR 2B only,
Not to take ITC of invoices for which u already have taken ITC as per books and now reflecting in GSTR 2B
Not to take ITC of invoices for which u already have taken ITC as per books and now reflecting in GSTR 2B
You can only claim ITC for invoices in your GSTR 2B +5% .
Since you have already claimed ITC as per your books ,now first you should identify the invoices for which you have claimed ITC but which are absent from your previous months GSTR2B .
Now from next month you have to claim this much less ITC so that there is zero difference in ITC available in GSTR2B and ITC claimed by you .
Alternatively, you contact the supplier who have not uploaded your invoices on portal and ask them upload the same in their GSTR1 ,if they upload then you just claim ITC from this month's purchase books(as you have already claimed ITC previously which supplier have uploaded now )
Thank you very much all of you
You are welcome
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