banner_ad

Query regarding availment of 20% ITC reflected in form 2A

This query is : Resolved 

21 December 2019 whether the 20% rule of ITC available is applicable on respective tax credits (IGST,CGST,SGST) or it can be utilised for any type of tax head credits. whether itc needs to be considered in aggregate or (IGST,CGST,SGST) wise indiviually?

21 December 2019 20% rule applicable in all the heads separately...

23 December 2019 Seems 20% changed to 10%, pl comment.

23 December 2019 Yes Mr Shri. CA B Chackrapani Warrier Sir...

The ITC rule will be change 20% to 10% in the 38th GST Council meeting. But, No more notifications about the same. We will wait for the same and it's applicable date...

23 December 2019 20% of the ITC under all the separate heads.

07 January 2020 Thank you for solving doubt


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details