There is amendment coloumn in gstr 2A for Amended b2b, amended tcs/tds, amended credit/debit note,
1.Based on this we need to reverse / claim itc in GSTR 3B?
2.for 105% itc calculation we need to consider above mentioned amendment? if yes which amendment is considered from above?
Menu
GST RELATED QUERY
Replies (1)
-
Reversal/Claim: Always reconcile your GSTR-3B claims with the net values appearing in GSTR-2A, which includes all amendments. If an amendment reduces the input tax available to you, you must reverse the corresponding amount in your GSTR-3B.
-
105% Rule Calculation: When determining the upper limit for your ITC claim, use the total eligible ITC from GSTR-2A, which is the sum of all original entries adjusted for all amendments (B2B, Credit/Debit Notes, etc.).
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
