Dear Sir, Due to commencement of GSTR 2B, now ITC claim in 3B should be as per Rule 36(4) or GSTR-2B ?
2) 10% of ITC not appearing in 2B should be claimed in 3B as per 36(4) ?
3) If i file my GSTR-3B on 24th of Sep’20, then for Invoices NOT appearing in 2B can i claim 100% ITC on self assessment basis ??
4) As 2B of Aug’20 contain invoices from 1.9.20 to 11.9.20 also, so can I CLAIM ITC OF These INVOICES dated 1.9.20 TO 11.9.20 APPEARING IN 2B of Aug’20 , IN MY 3B of August’20 ?
chirag111 Asked question September 14, 2020
- GSTR-2B not yet having any legal force and is only for reconciliation purpose. Rule 36(4) will apply.
- 10% of eligible credit should be availed. GSTR-2B will give better picture being a static document. Thus for Rule 36(4), GSTR-2B may be followed for ease of tax payer as GSTr-2A always changes.
- You should adhere to 10% limit.
- 2B will only contain invoices for respective month only as per return filed by supplier. 2B of august will not contain invoices from 01.09.2020 to 11.09.2020 as supplier will file GSTR-1 on 11.10.2020.
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Frah Saeed Changed status to publish September 20, 2020