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ITC CLAIM.. GSTR 1 QTRLY AND GSTR3B MONTHLY

02 February 2021

in case where I opt for gstr1 quarterly basis and 3b monthly.....
my question is from 2021-21

1... In January month can I claim full amount of ITC in 3b for the January month as per my 2a +invoices basis

or I should claim any prescribed limit of ITC in 3b. of January month

2...or At the end of the quarter I have to claim the full ITC ie... march 3b

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6 Replies

CA. Heet Shah (Tax Consultant & Practitioner) (6174 Points)
Replied 02 February 2021

You can claim ITC on GSTR-2A basis

1 Like

CA. Heet Shah (Tax Consultant & Practitioner) (6174 Points)
Replied 02 February 2021

You cannot claim in excess of GSTR-2A

1 Like

Bhavika Kothari (CA) (1258 Points)
Replied 07 February 2021

You can claim ITC on the basis of GSTR 2A but please note do not claim any excess ITC (on provisional basis)

JASKARAN SINGH (421 Points)
Replied 08 February 2021

My question was that.. ......i don't claim ITC from April to Dec...... can I claim In January by lump sum by 3b of January

CA. Heet Shah (Tax Consultant & Practitioner) (6174 Points)
Replied 09 February 2021

You can take credit as available in your GSTR-2A. for the Apr- Dec in GSTR-3B of Jan. ALso the invoice pertaining to credit claimed by you shall be available with you.

1 Like