Dear All,
My client is filing GSTR-3B after 6 months of due date along with interest and late fee, just wanted to clarify whether in this case also we need to match ITC with the data available in 2B of that month or we can go head and claim as ITC based on 2A (reflecting in 2B of that month and later months)?
In my opinion, as we have paid the taxes along interest and late fee, tax payer cannot be penalized for the act of supplier late filing.
Thanks in advance.
Debate on claiming Input Tax Credit using GSTR-2A data due to late GSTR-3B filings; challenges statutory time limits. A discussion on a GST forum revolves around the issue of matching Input Tax Credit (ITC) with GSTR-2B when GSTR-3B is filed late. A participant queries whether ITC can be claimed based on GSTR-2A data if GSTR-3B is delayed. Another contributor supports the idea, suggesting a challenge to the statutory time limitations, arguing that taxpayers should not suffer ITC loss due to suppliers' late filings. The discussion includes references to legal provisions and case law, with participants expressing appreciation for the guidance and knowledge shared by a prominent member. (AI Summary)
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