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sujit naha (accountant)     17 August 2021

Time difference Between GSTR-1 and GSTR-3B submission by Supplier and Buyer

IF :>>>>>>>>

Buyer Filed GSTR- 3B ( as per Manual Calculation )  0n 15/5  ---

           And 

 Supplier Filed GSTR-1 on 25/5

Question: There is any Problem / Show Cause Matter will be  Raised  by GST Authority ????

Please Reply,,,, thanks



 4 Replies

SANGEETH KUMAR.P

SANGEETH KUMAR.P (TAX PRACTITIONER)     17 August 2021

There will be difference in the ITC Claimed and ITC as per GSTR 2B because Supplier filed GSTR 1 after the due date.

That ITC will be added in GSTR 2B in next month. Therefore, it is advisable to claim ITC of the supplier in next month i.e., May month return.

However, the total ITC that can be claimed in GSTR 3B is 105% of the eligible ITC appearing in the GSTR 2B of a particular period.

No issues, If the supplier ITC is under 5% of the total ITC claimed.

Tax Officer

Tax Officer   17 August 2021

At the time of your gstr 3b , your supplier has not filed gstr1.. it means whatever credit you have availed at that time it was not elligible.. 10 days interest on the said transaction is applicable here.
Imthias ahamed Kormath

Imthias ahamed Kormath   20 August 2021

Buyer/Seller may filed gstr 3B and gstr 1 in timly because outward supply will b autopopulated by gstr1 in gstr2B.

In 3B Itc may claimed for previous month as full or payment base or invoice available base with 5% of current month available in gstr 2B.
Bhavika Kothari

Bhavika Kothari (CA)     06 September 2021

In such case supplier will have to pay interest and penalty whereas buyer can claim the Input tax credit (ITC). No Show cause notice will be issued to buyer.


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