20% GST ITC, 100% Tension to taxpayers

CA Umesh Sharmapro badge , Last updated: 26 November 2019  
  Share


Arjuna (Fictional Character): Krishna, a circular was issued on 11/11/2019, which restricted ITC claim, maximum ITC that can be claimed now is 20% above the ITC as appearing in GSTR-2A as per new rule 36(4) w.e.f. 09/10/2019 onwards. So, what is it? Krishna (Fictional Character): A

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Published by

CA Umesh Sharma
(Partner)
Category GST   Report

6 Likes   30728 Views

Comments


Related Articles


Loading