Rule36(4) applicable on 2a or 2b or books

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B.com
3025 Points Posted on 29 December 2020
A gst registered dealer input credit claimed rule 36(4) +10% applicable on gstr2a or gst2b or books claimed correct method every month returns filed
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On 29 December 2020 at 09:46 Report
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This discussion clarifies the application of Rule 36(4) concerning Input Tax Credit (ITC) claims. It explains that while GSTR-2A changes daily, GSTR-2B is fixed on the 12th, making it the definitive statement for monthly returns. The correct method involves reconciling ITC claimed in GSTR-3B with GSTR-2B, allowing for a 5% variation, and applying the Rule 36(4) +10% limit based on the fixed GSTR-2B figures.

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Chartered Accountant
494 Points Posted on 29 December 2020
Both statements are same just 2A changes 2B is fixed as on 12th day..u can calculate itc eligible for this previous month by 2A also which should tally with 2B so 2b +10% should be seen
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On 29 December 2020 at 15:08
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STUDENT
1631 Points Posted on 29 December 2020
2 A must match with input claimed in GSTR 3B , 5% variation allowed!
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On 29 December 2020 at 20:35

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