The Tussle between the ITC eligibility and the GSTR 2A/2B

  • News|Blog|GST & Customs|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 1 December, 2021

ITC eligibility-GSTR 2A/ 2B

Nikhil Kumar – [2021] 132 taxmann.com 294 (Article)

The eligibility and availment of ITC is perhaps the most debated issue in the context of GST. In this particular subject the most controversial issue now days becomes the eligibility of ITC on the basis of reflection of such invoices in the GSTR 2A or GSTR 2B.

Recently the honorable Kerala High court in the matter of the St. Joseph Tea Co. Ltd. v. STO has held that ITC shall not be denied only on the ground that the transaction is not reflected in GSTR 2A. In this article, the author has discussed the provisions of the GST Act in light of decision of Kerala High Court to analyze the eligibility of ITC and requirement of reflection of credit in GSTR 2A or 2B.

Click Here To Read The Full Article

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied