Menu
URGENT - GSTR 2B and GSTR 3B mismatch
Suppose I've ITC for the month of July 2021, but I've wrongly filed nil GSTR 3B for that month. What can I do now (Aug 2022) after identifying out the shortfall of ITC claimed in July 2021?
Replies (10)
Quick Summary
You can claim the ITC in current month 3B
If it is appearing in GSTR-2A and GSTR-2B then you may claim it while filing August GSTR-3B
@ Eswar ready what is frame work of ICAI and comparative statement.
Is it related to above query?
No it's not a related
Gstr 2b and 3b has two seperate purpose , one is for inputs received and another for output. Now you can rectify and revise gstr 3b
But ITC as per 2B only can be considered in 3B
You can claim such ITC till 30 November
ITC can only be claimed for tax invoices and debit notes which are less than a year old. In any other case, the last date to claim ITC is the earlier of the following: Before filing valid GST returns for month of September following the end of the financial year applicable to that invoice.
to match your annual sales, you can make entry on 31st March,2022(to remark it) with narration of actual entry dated July 2021, but input taken in (August/September 2022) 3B
to match your annual sales, you can make entry on 31st March,2022(to remark it) with narration of actual entry dated July 2021, but input taken in (August/September 2022) 3B
Please refer the ITC time limit
As per Sub Section 4 of Section 16 of the CGST Act, 2017, it provides:
(4) “A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier.”
Recent Topics :
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
Related Topics :
CAclubindia
