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.
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
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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