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?
GST related query
Replies (1)
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Reversal: If a supplier's amendment lowers your eligible ITC, you must reverse the excess credit already claimed in your GSTR-3B.
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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.
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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.
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