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Missing ITC in Credit Ledger

01 May 2020

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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8 Replies

RAJA P M ("Do the Right Thing...!!!") (127146 Points)
Replied 01 May 2020

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

2 Like

CA Abhishek Goel (Indirect taxes ) (131 Points)
Replied 01 May 2020

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.

1 Like

Subramanya Bhat (CA) (75 Points)
Replied 01 May 2020

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?