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RULE 36(4) RELAXATION APRIL MONTH?

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Jishad T

GSTP

289 Points Posted on 10 June 2021

IN APRL month RULE 36(4) RELAXATION APPLICABLE

Notification No. 13/2021-CT dated 1st May 2021]: Rule 36(4) restricts the availment of input tax credit beyond 5% of the ITC reflected in Form GSTR 2A/2B.

BUT while filing april month 3B WHILE entering actual ITC , SHOWING Warning message and red label

what doo??

Replies (3)

Quick Summary

This discussion addresses a common query regarding the relaxation of Rule 36(4) for the April tax period. It clarifies that while Notification No. 13/2021-CT allows claiming ITC as per invoices, users may encounter warnings when filing GSTR-3B if the claimed ITC exceeds the amount reflected in GSTR-2B. The advice is to verify the excess ITC figures against GSTR-2B to resolve these warnings.