The Government of West Bengal on September 11, 2023, issued a circular regarding the Clarification to deal with the difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for the period April 01, 2019, to December 31, 2021.
The following has been stated: -
• The GSTR-3B is a monthly or quarterly self-declared return where taxpayers report their output and input tax liabilities, and avail ITC accordingly. On the other hand, GSTR-2A is an auto-populated return that contains details of the inward supplies reported by the supplier.
• The circular highlights that taxpayers have reported instances, where the ITC reflected in GSTR-3B, does not match the data available in GSTR-2A. To rectify this disparity, taxpayers are instructed to conduct a thorough reconciliation of their ITC data for the mentioned period. The circular emphasizes the importance of accurate reporting and compliance with GST regulations.
• The businesses and taxpayers are urged to reconcile their ITC data in GSTR-TB with that in GSTR-2A.
For more details, please refer to the circular attached to the document below.
[Trade Circular No. 06/2023]
