GST ITC to be availed on the basis of GSTR-2B: Clarifies CBIC

The Central Board of Direct Taxes [CBIC] on its Twitter handle has clarified that GST Input Tax Credit [ITC] has to be availed on the basis of information given in GSTR-2B.

There is still much confusion about this issue that is required to be resolved. Some of the points that need resolutions are:

• What are the relevant provision of law that support that “ITC should be taken from GSTR-2B”?
• What about the invoices uploaded by the supplier after 13th i.e. invoices that are reflected in GSTR-2A but not in GSTR-2B.

However, taxpayers who do not want to face scrutiny by the department and are not ready for any kind of litigation should simply use GSTR-2B for doing Input Tax credit[ITC] reconciliation while filing GSTR-3B.