Home Forum Goods and Services Tax - GST Month 1 2023 2023 (1) This
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Section 38 and Section 41 - Goods and Services Tax - GSTExtract Sir. Kindly clarify whether ITC to be availed on basis on section 38 or Section 41 both are contradictory. Section 38 says ITC claim to be on GSTR-2B , but Section 41 details ITC Claim on self assessment basis and if excess claimed shall be pay/reverse with interest. With the above two sections what implies is ITC can be claimed more than what is declared in GSTR -2B and GSTR-2B restricts ineligible ITC alone! is that correct. Kindly guide
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