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ITC NOT RECORDED IN BOOKS OF ACCOUNT
2) In which month you have claim ITC in GSTR3B ?.
1) You must have valid TAX Invoice with correct GSTN
2) You must received Goods or services
3) Supplier must deposit GST collected from you in Govt Account
4) You must filled all updated returns.
from 1.1.2022 , one more condition was added that , ITC must reflect in GSTR2B in order to claim ITC , however in your Case ITC reflected in GSTR2A
Also ITC should not be under Blocked credit under section 17(5) of the CGST Act.
@ CA Rashmi Gandhi
Are you really a CA or are you taking it like your other fake accounts?
It's not just books of accounts it's audited books of accounts. Moreover audited books of accounts are clear evidence of transactions accepted in court of law. Expensing the input tax by the taxpayer himself and then getting it audited is valid proof that he is not accepting input tax credits.
At most he can revise his books of accounts and revise audit report if at all other laws permit then only he will be able to claim ITC legally.
But rectification of errors are allowed if made erroneously. So, merely accounting of expenses inclusive of tax didn,t make it ineligible.
How can one justify that audit has been done erroneously?
When expenses recorded inclusive of tax then ITC not claimed.
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