Answer

1. F

   Facts

   Refund of unutilised ITC is limited to credit you can lawfully avail. Since Sec 16(2)(aa) and Rule 36(4), ITC is available only on invoices that appear in GSTR-2B, so the Annexure B invoice list should tie to GSTR-2B. Check current circulars on refund ITC before filing.

2. P

   Provisions and law

   • Sec 16(2)(aa), CGST Act 2017ITC only when the invoice is furnished by the supplier and communicated in GSTR-2B
   • Rule 36(4), CGST Rules 2017ITC on invoices is allowed only if they are reported by the supplier and appear in GSTR-2B
   • Rule 89(4), CGST Rules 2017Formula for refund of ITC on zero-rated supplies made without tax
3. A

   Analysis

   If net ITC in your books is ₹2,40,000 but GSTR-2B shows ₹2,10,000, build the claim on ₹2,10,000. Officers compare Annexure B against GSTR-2B and question any excess. Chasing suppliers to file before you claim gives a larger, cleaner refund.

4. C

   Conclusion

   1. 1Download GSTR-2B for every month in the claim
   2. 2Match Annexure B invoice by invoice
   3. 3Remove credits not in GSTR-2B
   4. 4Follow up with suppliers for missing invoices

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.