ITC claim restricted to 120% of GSTR 2A : Detailed analysis

CA Akshay Hiregange , Last updated: 20 November 2019  
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The government has taken a pre-emptive action to curb incorrect Input Tax Credit (ITC) claims after various frauds were unearthed in the past year on claimed ITC on fake invoices, or through physically non-existent businesses. To ensure, ITC claimed is bona-fide and eligible, a new rule was i

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Published by

CA Akshay Hiregange
(Partner - Audit & Assistance)
Category GST   Report

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