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
GSTR 2A QUERY
Replies (1)
You must account for GSTR-2A amendments in your GSTR-3B by adjusting your ITC claims (claiming more if the value increased, reversing if it decreased). These amendments directly impact your 105% (Rule 36(4)) calculation; therefore, you should always use the latest "net" figures from your updated GSTR-2A to ensure your claims remain compliant and avoid scrutiny from tax authorities.
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
