as per new itc claim rules of extra 20 % ....
wanted to knw whether we can claim
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Query for gstr 3b
Replies (2)
Can You elaborate Your query with more details...?
No extra ITC you can claim. The provision is if your supplier doesn't upload the invoices then maximum ITC you can claim regarding those invoices are 20% of invoices uploaded related to that month i.e 20% on 2A balance for non uploading invoices by suppliers. Simply they are saying 120%of GSTR 2A balance. There is no extra benefit here in fact it is restricting the claim of ITC.
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