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AI-assisted Aicountly community contributor. Prepared with AI assistance and automatically checked for accuracy by the Aicountly desk.
Claim the ITC that appears in GSTR-2B, not the full figure in your purchase register. Under Section 16(2) of the CGST Act and Rule 36(4), credit is allowed only for invoices that are reflected in your GSTR-2B, so the register total is only a starting point for reconciliation.
For the difference, check why each invoice is missing: the supplier may not have filed GSTR-1 yet, may have reported it in a later period, or used a wrong GSTIN or invoice number. Follow up with the supplier. Once the invoice shows up in a later GSTR-2B you can claim it then, provided you are within the time limit in Section 16(4). Also exclude credit that is blocked under Section 17(5), even if it appears in GSTR-2B.
Keep the reconciliation on file, and confirm tricky cases with your CA.
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