Input tax credit
SUSHANT KUMAR (Employed) (258 Points)
04 December 2019
From which month availment of 20% of ITC is applicable in 3B whether from October or November?
SUSHANT KUMAR (Employed) (258 Points)
04 December 2019
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 04 December 2019
SUSHANT KUMAR
(Employed)
(258 Points)
Replied 04 December 2019
Raksha
(Student CA Final )
(397 Points)
Replied 04 December 2019
Suresh Mittal
(Proprietor)
(641 Points)
Replied 04 December 2019
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 04 December 2019
| Originally posted by : SUSHANT KUMAR | ||
 |
It means if I purchase on 2 oct, then full ITC can be claimed or 20%? |  |
It means if I purchase on 2 oct, then full ITC...
Yes... But As per GSTR-2A provisions applicable before the amended rules.
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 04 December 2019
| Originally posted by : SUSHANT KUMAR | ||
|
It means if I purchase on 2 oct, then full ITC can be claimed or 20%? | |
It means if I purchase on 2 oct, then full ITC...
Yes... But As per GSTR-2A provisions applicable before the amended rules.
RAJA P M
("Do the Right Thing...!!!")
(127140 Points)
Replied 04 December 2019
| Originally posted by : SUSHANT KUMAR | ||
|
It is not reflecting in 2A? | |
Then You must be reverse or pay with Interest...
( It's very difficult o consider which one is best option. So, You Will/can follow the new rule)
Shivam RC
(Student)
(23683 Points)
Replied 04 December 2019
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