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129 Points Posted on 26 June 2021
my client purchased goods as B2B in april 2021. His 2A reflected that the supplier had filed gstr 1 after due date (on 3rd june), so i could not avail the itc for april. when will i get the itc ?
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On 26 June 2021 at 17:39 Report
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This discussion addresses a client's inability to claim Input Tax Credit (ITC) for April 2021 because their supplier filed GSTR-1 after the due date. The consensus is that while the 105% cap on ITC under Rule 36(4) was relaxed for April and May 2021, allowing ITC to be claimed as per books, the ITC itself would reflect in a later month. Although the invoice can typically be availed within six months, the advice suggests claiming the unavailed April ITC in May or June. For the period of April to June 2021, ITC availability should be checked cumulatively against GSTR-2B, with any discrepancies reversed in the June return.

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CMA
13117 Points Posted on 26 June 2021

Rule 36(4) related to cap of 105% of ITC on GSTR2A/2B has been relaxed for Apr and May. I think ITC as per books can be claimed for Apr and May. For June, 105% has to be cumulatively (Apr-Jun) applied to arrive at allowable ITC.

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On 26 June 2021 at 17:42
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915 Points Posted on 26 June 2021
An invoice can avail itc during during six months, so,before October, can avail itc.
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On 26 June 2021 at 18:23
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210 Points Posted on 26 June 2021
That ITC amount is avaliable on the month of May not for the month of April, You should claim in the month of May
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On 26 June 2021 at 19:09
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49 Points Posted on 27 June 2021
You could have availed in April also as restriction 36(4) is relieved for April to June..however since you have not availed till now..you can availed the itc in June month.
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On 27 June 2021 at 01:28
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GST Practitioner
55067 Points Posted on 27 June 2021
As per Notification 27/2021 CT , conditions prescribed as per Rule 36(4) , availing of ITC from 2B is need to be checked Cumulative for April 2021 to June 2021 .

So claim the ITC for April to May as per Books & in June Check your 2A/2B cumulative from April to June & if find any Invoices not reflected therein can be reversed in June Month Return.
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On 27 June 2021 at 13:53
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129 Points Posted on 27 June 2021
Thank you very much to all for the help.
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On 27 June 2021 at 14:33
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CA
1258 Points Posted on 06 July 2021

Even if the supplier has filed GSTR-2A after due date, you can claim ITC in the month in which the ITC appears in your GSTR-2B

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On 06 July 2021 at 09:38
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129 Points Posted on 06 July 2021
But @ Bhavika Ji ITC has not been updated automatically in 3b
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On 06 July 2021 at 10:02

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