Hello All,
I have read few answers related to GSTR 2A and 3B mismatch, many of us said we can utilise balance as per 3B but as per law in order to utilise ITC one have to comply sec 16 read with sec 36 & 37, that is one must have valid invoice, and goods must be received and supplier had paid taxes to govt and he must have furnished return.
Can any one give me clarity what to do with ITC mismatch between 2A and 3B.
Menu
ITC mismatch
Replies (1)
As per my view.,
Overall condition for the whole FY we must be matching with GSTR 3B & GSTR 2A...
But,
In monthly based utilize we can avail as invoices and it will be checking every month and Quarter basis.
Overall condition for the whole FY we must be matching with GSTR 3B & GSTR 2A...
But,
In monthly based utilize we can avail as invoices and it will be checking every month and Quarter basis.
Recent Topics :
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
Related Topics :
CAclubindia
