Hi as per new rule only 10% provisional itc allowed but my que is my client has applied for new gst no in Jan 20 and in feb he has filed gst 3b and also claimed itc and paid liability from that even in gstr 2a no credit available so is their any issues arise in future for panelty etc. He opted quarterly filing mode.
Pls guide us from expert
Thanks in advance
ITC CLAIM AS PER NEW RULE (ALLOW ONLY 10% AS PROVISIONAL ITC)
Chintan (sysadmin) (23 Points)
06 February 2020
CAclubindia
