we have missed out taking ITC for previous months, as per GST provisions we can take the credit before filing annual return or during filing of September 3b returns
now as you all know ITC is restricted to 5% of available credit in GSTR2A, how we can take rest of the credit, does 3b return allow me to take the credit, pls help
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ITC availment of previous months
Replies (2)
Quick Summary
In case the supplier uploaded all invoices it is an eligible credit and 5% restriction is not applicable on it. It supplier haven't uploaded the invoice then only restriction of 5% is applicable
| Originally posted by : kva | ||
 |
we have missed out taking ITC for previous months, as per GST provisions we can take the credit before filing annual return or during filing of September 3b returnsnow as you all know ITC is restricted to 5% of available credit in GSTR2A, how we can take rest of the credit, does 3b return allow me to take the credit, pls help |  |
GSTR-2A is a dynamic return it keeps on changing as and when your ssupplier files GSTR-1. Further the said restriction of 5% is over the ITC available in GSTR-2A. Therefore the ITC missed by you in the prev month can rightly be claimed in current month.
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