Sir, As per Notification 49/2019-Central tax dated:09.10.2019, ITC is to restricted up to 5% from 01.01.21. 5% restriction to be done on GSTR2B. Our doubt is 1. Invoices appearing GSTR2B were not accounted in books for the month is to be reduced from GSTR2B ITC or not. Please advise-pl

Reply—w.e.f. 09.10.2019, Rule 36(4) has been incorporated in the CGST Rules, restricting availment of ITC in excess of 20% (5% w.e.f. 01.01.2021) of matched ITC as reflected in Form GSTR-2A. 

5% restriction is to be done on GSTR-2A and GSTR-2B. Amount of ITC reflected in GSTR-2B may be claimed in GSTR-3B.