A gst registered dealer tax liability and itc statement(summary) in f.y 20-21 mentioned below.
itc claimed as per gstr -3b
Rs:10,32,127/-
itc claimed as per gstr-2a/2b
Rs:8,93,993/-
question:
dealer how to calculate producer rule 36(4)
2.differance adjustment producer show in gstr3b returns.
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Itc statement(summary) as per gst.gov.in
Replies (1)
Hello Kollipara Sundaraiah,
You have to take credit as per 2B statement. The excess credit can be taken only if reflected. So you have to make sure all your creditors have filed their GSTR 1 properly, so you can claim your credit. In case they donot file their GSTR 1 then that portion of credit becomes ineligible for you and you have to make amendment and reverse your ITC.
Thanks and Regards,
RA
You have to take credit as per 2B statement. The excess credit can be taken only if reflected. So you have to make sure all your creditors have filed their GSTR 1 properly, so you can claim your credit. In case they donot file their GSTR 1 then that portion of credit becomes ineligible for you and you have to make amendment and reverse your ITC.
Thanks and Regards,
RA
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