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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ITC CLAIM.. GSTR 1 QTRLY AND GSTR3B MONTHLY
Replies (6)
Quick Summary
You can claim ITC on GSTR-2A basis
You cannot claim in excess of GSTR-2A
You can claim ITC on the basis of GSTR 2A but please note do not claim any excess ITC (on provisional basis)
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
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.
No Lumpsum Value of credit can be taken in GST Returns. There are many checks which you need to consider.
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