banner_ad

SHOULD I CLAIM ITC WHICH IS NOT MATCHED WITH GSTR2A

294 views 3 replies
As per new notofication issued by CBIC only 10% beyond the ITC available in gstr2A can be claimed if one claim excess ITC as available in gstr2A will be blocked so should I claim ITC for bills which are not showing in my gstr2A for fy 2019-20 in fy 2020-20 upto the sep month GSTR3B return otherwise ITC will be lapsed

please reply
Replies (3)
If you claim more credit than 10% beyond ITC available in GSTR 2A, then you will receive notice u/s 36(4) for claiming excess credit & they will insist you to pay with interest.
Sir if I don't claim my unmatched ITC as per GSTR2A upto the sep 2020 month GSTR3B return then it will be lapsed , should I let it lapse

Yes you should claim but the provisional ITC should not exceed the given rules


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details