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?
2.for 105% itc calaculation we need to consider above mentioned amendment?
Menu
GST related query
Replies (1)
-
Reversal: If a supplier's amendment lowers your eligible ITC, you must reverse the excess credit already claimed in your GSTR-3B.
-
Claiming: If an amendment increases your eligible ITC, you may claim the additional credit in GSTR-3B, provided the conditions of Section 16(2) are met.
-
105% Calculation: Always use the latest, amended figures visible in your GSTR-2B/2A as the base for calculating the 105% limit for ITC availment.
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
