watch_later 11/10/22

A registered dealer itc claim details mentioned below

July-22 :

Itc claim as per gstr2b rs:20,458/- cgst rs:20,458/- sgst

Itc claim as per books rs:22,125/- cgst rs:22,125/- sgst

August-22:

Itc claim as per gstr2b rs:15,348/- cgst rs:15,348/- sgst

Itc claim as per books rs:13,790/- cgst rs:13,790/- sgst

Question:

1.Dealer itc claim show amount gstr3b July, August-22 months

2.dealer itc claim adjustment compulsory every month short fall and excess itc.

 

2 Responses | Latest response: 04/11/22 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 12/10/22

You have to reconcile your ITC every month with GSTR2B,If in any one month you have availed ITC less than GSTR2B,,you can claim the balance in succeeding months,the maximum time for ITC availment is 30th November every year immediately following the end of Financial year.We have to do this exercise yearly 

 

 

watch_later 04/11/22

SOME DEALERS ARE FILING GST QUATERLY SO THOSE INVOICES WILL BE SHOWN IN GSTR2B AFTER ENDING OF EVERY QUARTER LIKE APR-22 TO JUN-22 WILL BE SHOWN ON JUL-22 AFTER 10TH OR BEFORE 20TH 

OR RECONSILE GSTR-2B AND BOOK OF ACOUNT AND ASK THE DEALER WHO DID NOT FILE RETURN 

AND IF IT S A QUARTERLY FILINGS YOU CAN CLAIM THE AMOUNT WHICH IS SHOWN IN BOOKS AND RECONSILE THE GSTR-2B AFTER COMPLETION OF EVERY THREE MONTHS

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