MANU/GSCU/0009/2023
Ministry : Ministry of Finance
Department/Board : Central Board of Indirect Taxes and Customs
Circular No. : 193/05/2023-GST
Date : 17.07.2023
Notification/ Circulars Referred : Circular No. 183/15/2022-GST dated 27th December, 2022 MANU/GSCU/0024/2022;Notification No. 30/2020-CT dated 03.04.2020 MANU/CGST/0030/2020;Notification No.
27/2021-CT dated 01.06.2021 MANU/CGST/0027/2021
Citing Reference:
Circular No. 183/15/2022-GST dated 27th December, 2022 MANU/GSCU/0024/2022 Referred
Notification No. 30/2020-CT dated 03.04.2020 MANU/CGST/0030/2020 Referred
Notification No.
27/2021-CT dated 01.06.2021 MANU/CGST/0027/2021 Referred
To,
The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All)
The Principal Directors General/ Directors General (All)
Madam/Sir,
Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for the period 01.04.2019 to 31.12.2021
1. Attention is invited to Circular No. 183/15/2022-GST dated 27th December, 2022, vide which clarification was issued for dealing with the difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19, subject to certain terms and conditions.
2. Even though the availability of ITC was subjected to restrictions and
conditions specified in Section 16 of Central Goods and Services Tax Act, 2017
(hereinafter referred to as "CGST Act") from 1st July, 2017 itself,
restrictions regarding availment of ITC by the registered persons up to certain
specified limit beyond the ITC available as per FORM GSTR- 2A were provided
under rule 36(4) of Central Goods and Services Tax Rules, 2017 (hereinafter
referred to as "CGST Rules") only with effect from 9th October 2019. W.e.f.
09.10.2019, the said rule allowed availment of Input tax credit by a registered
person in respect of invoices or debit notes, the details of which have not been
furnished by the suppliers under sub-section (1) of section 37, in FORM GSTR-1
or using the invoice furnishing facility (IFF), to the extent not exceeding 20
per cent. of the eligible credit available in respect of invoices or debit notes
the details of which have been furnished by the suppliers under sub-section (1)
of section 37 of CGST Act in FORM GSTR-1 or using the IFF. The said limit was
brought down to 10% w.e.f. 01.01.2020 and further reduced to 5% w.e.f.
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