Question ID :
GSTR 2A for the month of September 2020 shows invoice and gst details based on GSTR 1 filed by the supplier, but not showing in GSTR 2B for ITC availability. On verifying noted that the supplier has lately filed GSTR 1. Please advice whether we can claim ITC in the month of September 2020 (based on entry in GSTR 2A) or in the month when it reflects in GSTR 2B? Please clarify
Answer ID :
Oct 17, 2020
Without getting into the legal validity of the rule 3(4), credit should be taken in the month in which the credit is appearing in 2B as the supplier has filed the GSTR-1 in that month only.
However, if as per 2A if the 10% limit is satisfied then the credit can be taken irrespective of the month in which the invoice is reflected in 2A or 2B
CA. SHILPI KATARIYA on
Oct 26, 2020