please let me know can I take ITC on the basis of bill,which is not in 2A if not,any circular regarding this. thanks
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Quick Summary
This discussion addresses whether input tax credit (ITC) can be claimed for invoices that are not reflected in GSTR-2A. While generally, ITC is linked to GSTR-2A, there's a query about claiming it based on physical invoices held. The response indicates that a maximum of 105% of the ITC shown in GSTR-2A can be claimed for any given month, suggesting limitations on claiming ITC for unlisted invoices.