banner_ad

Credit of Input Credit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 July 2020 Hi, Please guide
I have purchased some material and booked input in May 2020. But same bill will be reflected in next month's 2A e.g. June 2020 as the Vendor file GSTR1 on quarterly basis.
Thus, please guide can I claim full Input Credit in the month of May 2020 ? Or i am entitled to get only 10% of Input Credit as the same doesn't reflect in the 2A of May 2020 ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
16 July 2020 Claim full Input Credit in the month of May 2020. Rules relaxed due Covid 19.
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
16 July 2020 This rules has no sense .........there is many mistakes in practically drafting GST.
Profile Image

Deepak Rawat

Profile Image

Deepak Rawat (Querist)
17 July 2020 Thank U Sir @ CA R Seetharaman...
Plz guide, what if there is no Covid relaxation ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
17 July 2020 You can claim only 10% if there's no relaxation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details