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Purchase Invoice not filed by Vendor in GSTR 2B

Prajwal Shetty (Artical Assistent) (237 Points)

02 April 2024

I have received a purchase Invoice in Fy 22-23 and booked in my books of accounts of Fy 22-23, which is not filed by Vendor in his GSTR 2B till November 23.

Now the invoice is not paid till Jan 24, because we make the payment of only those invoices which are filed by the vendor in GSTR 2B.

I had not taken the ITC credit of this invoice in Fy 22-23

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5 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14183 Points)
Replied 02 April 2024

What is present position as on today in April 24 ?. please clarify.

Money Money (383 Points)
Replied 02 April 2024

Certainly! Let’s address your situation regarding the unfiled purchase invoice and the Input Tax Credit (ITC). Here are the steps you can take:

Unfiled Purchase Invoice:
You mentioned that you received a purchase invoice in FY 22-23, but the vendor did not file it in their GSTR 2B until November 23.
Since the invoice is unfiled, it’s essential to communicate with your vendor and ensure that they rectify this by filing the invoice correctly.
You can request the vendor to update their GSTR 2B to include this invoice. Proper communication and coordination are crucial to resolve this issue.
Payment Consideration:
You mentioned that the invoice is not paid until January 24.
It’s commendable that you make payments only for invoices that are filed by the vendor in GSTR 2B. This practice ensures compliance and accurate reporting.
Input Tax Credit (ITC):
Since you booked the invoice in your books of accounts for FY 22-23 but did not claim ITC, you have the following options:
Claim ITC in FY 22-23: If you decide to claim the ITC for this invoice in FY 22-23, ensure that the vendor files it correctly in their GSTR 2B. Once filed, you can claim the ITC in your GST return for that period.
Carry Forward: Alternatively, if you choose not to claim ITC in FY 22-23, you can carry forward the unclaimed ITC to subsequent periods. Ensure proper documentation and compliance.
Documentation:
Maintain clear records of communication with the vendor regarding the unfiled invoice.
Document the decision you make regarding claiming or deferring the ITC.
Remember that timely communication with your vendor and adherence to GST regulations are essential. If you have any further questions or need additional guidance, feel free to ask! 🙌

Prajwal Shetty (Artical Assistent) (237 Points)
Replied 03 April 2024

Thanks for Reply

as the invoice is for Fy22-23 the time limit to ammend it has lapsed i.e September 23, Know the vendor is asking for payment but I can't realise the payment because invoice is not filed by Vendor till September 23

prasad Nilugal ( GST Practitioner & Accounts ) (14183 Points)
Replied 03 April 2024

Dear Prajwal Shetty

As per section 16(2) of the CGST act 2017 , one of the condition to claim ITC is Supplier must deposit tax ( GST) in Government account collected form you , so if you not made payment including GST to supplier then he can not file GSTR1 & GSTR3B , because he has to show Payable in GSTR1 & paid GSTR3B , also you can not Claim ITC .

In short he can not file GSTR 1 & GSTR3B and subsequent reflation in GSTR2B , unless you make payment to him , also his GSTR1 & GSTR3B should tally . This is my Opinion take more Opinion on this .