For one our clients, as per GSTR2A we see that the vendor has filed the returns and we can see the value of IGST Input Tax paid by the client. But the same is not reflecting in Credit Ledger.
Any idea why this can happen?
Thank you.
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Missing ITC in Credit Ledger
Replies (8)
Quick Summary
ITC can't shown directly after filed GSTR 1 by suppliers...
Credit ledger shown balance as per Your inputs in GSTR 3B return ITC columns...
But, You can check out the filing details in Your GSTR 2A for filing GSTR 1 by supplier
Credit ledger shown balance as per Your inputs in GSTR 3B return ITC columns...
But, You can check out the filing details in Your GSTR 2A for filing GSTR 1 by supplier
Dear sir,
The ITC ledger does not shows the ITC balance as per GSTR- 2A. It shows the updated balance by considering figures as furnished in form GSTR 3B. The balance of IGST tax paid by your vendor as shown in GSTR- 2A will reflect in your credit ledger once you consider it in gstr 3b.
Thank you.
The ITC ledger does not shows the ITC balance as per GSTR- 2A. It shows the updated balance by considering figures as furnished in form GSTR 3B. The balance of IGST tax paid by your vendor as shown in GSTR- 2A will reflect in your credit ledger once you consider it in gstr 3b.
Thank you.
Thank you that clarifies. But we have a new problem.
To give you a background, In the month of Dec vendor sent to the client invoices from July till Nov 2019 (with dates of respective past months) and the invoices were entered with those dates in the clients system and hence during preparation of GSTR3B, the purchase invoices with past dates (even thought received in dec) did not show up in GSTR3B and it was filed and hence missed out in GSTR3B due to which this mismatch has happened.
So how do we fix this now? Any way to fix it?
Dear Sir,
As per gst law, this missed out ITC could have been availed in return for Jan-2020.
As per gst law, this missed out ITC could have been availed in return for Jan-2020.
You can claim the missed values in Your next GSTR 3B return...
Better to give correct details with Elobrate...
Better to give correct details with Elobrate...
Thank you sir. Agree with you
You are most welcome...
Thanks for acceptance of my view...
Thanks for acceptance of my view...
Any missed ITC for FY 2019-20 you can avail upto September 2020
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