table 4 eligible itc is more then. table 3.1 in gstr3b.
can i claim surplus itc in next quater return.
6 Replies
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
Yeah, April, May Months return -There is a relaxation from the GST department for GSTR2B Matching.
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 14 July 2021
Yes you can....
Yes if your ITC declare in table 4 is excess then the liability declare in 3.1 table , the excess ITC will automatically credited to ECL , can utilise in your subsequent returns
Yes if your ITC declare in table 4 is excess then the liability declare in 3.1 table , the excess ITC will automatically credited to ECL , can utilise in your subsequent returns
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 15 July 2021
You should claim all eligible itc now. Surplus itc will remain in your credit ledger and you can use it in future.
Recent Topics
- Gst number revocation chances
- Export under IGST Paid
- Selling my 5 year old pvt ltd for free
- Software Developer Filing Requirements: Do I Need
- GST E-Way Invoice
- Where to find LUT number?
- When the Tax Portal Isn't Ready, Who Pays the Pric
- ITR Vs. TDS Timeline Gap: A Taxpayer's Dilemma
- Tyres purchased ITC clime?
- LUT Number on Invoices
Related Threads
CAclubindia
