TaxTMI 
TaxTMI 
sir can i claim ITC for the bills i have paid and the supplier has not reflected in GSTR-2A for Financial year 2019-2020.
Input Tax Credit
20 Feb 2021 
3 Replies 
1185 Views Asked by
Input tax credit time bar: seek supplier reconciliation or tax remittance certificate and preserve evidentiary proof.
ITC claims for supplier invoices not reflected in GSTR 2A are constrained by the statutory time bar; the claimant should have availed credit within the prescribed return period. Remedies include obtaining supplier reconciliation or a tax remittance certificate from the supplier. If credit was taken late, the recipient may face departmental notices and limited prospects of success where time bar applies. Documentary evidence-tax invoices, gate entries, accounting entries, payment records and vendor ledgers-can substantiate the factual claim but cannot overcome the statutory limitation. Timely GSTR 3B compliance is crucial to preserve ITC. (AI Summary)
ITC claims for supplier invoices not reflected in GSTR 2A are constrained by the statutory time bar; the claimant should have availed credit within the prescribed return period. Remedies include obtaining supplier reconciliation or a tax remittance certificate from the supplier. If credit was taken late, the recipient may face departmental notices and limited prospects of success where time bar applies. Documentary evidence-tax invoices, gate entries, accounting entries, payment records and vendor ledgers-can substantiate the factual claim but cannot overcome the statutory limitation. Timely GSTR 3B compliance is crucial to preserve ITC. (AI Summary)