Pending ITC

Naveen Kumar (629 Points)

22 November 2020  
Sir,

we have yet not claimed ITC petering to January 2020. same claimed in GSTR 3B May 2020. please advise below entry in books of account correct

Purchase account. Dr.Rs. 12000
IGST input Dr. Rs.2160
Party account cr. 14160

ITC not availed Rs. 2160 dr (current assets)
IGST input. Rs. 2160 Cr.

In May 2020
IGST input Dr. 2160
ITC not availed Cr 2160