SOME INVOICES ARE MISSING FOR THE MONTH OF NOVEMBER 2019 AND NOT DISPLAYED IN GSTR 2. I HAVE FILED 3B RETURN IN THE MONTH OF NOV 2019 WITH IN THE INVOICES DISPLAYED IN THE GSTR 2. SO MY QUESTION IS NOW LATEST AMENDMENT OF 10% OF ITC CLAIM ON PURCHASES BILLS UPLOADED IN GSTR 2A HOW TO CLAIM ITC ON MISSING INVOICES AND I HAVE FILED NOVEMBER MONTH OF 3B RETURN WHAT IS EARLIER RULES ON ITC CLAIMING.
29 December 2019
Latest 10% amendment is effective w.e.f 01 Jan 2020
Earlier Rule of ITC was - Avail 120% of eligible credit appearing in GSTR 2A .
you can avail 100% of invoices in GSTR 2A plus 20% of invoices reflecting in GSTR 2A .as provisional credit against invoices missing . As and when , missing invoices will reflect in GSTR 2A , you can availed balance credit against those invoices.
30 December 2019
THANK YOU MADAM FOR YOUR REPLIES,
MADAM YOU HAVE CLEARED ME SOME DOUBTS BUT MADAM I HAVE CLAIMED ONLY ITC OF WHAT DISPLAYING IN GSTR 2A MEANS CGST- 68945 SGST-68945, AND IGST-50135. AS PER INVOICE UPLOADED. BUT I HAVE NOT CLAIMED PROVISIONAL CREDIT OF 20% OF INVOICES REFLECTING IN GSTR 2A. CAN I CLAIM THE PROVISIONAL CREDIT OF ITC OF NOVEMBER IN THE MONTH OF DECEMBER 3B RETURN. PROVISIONAL CREDIT MEANS HOW TO DISTRIBUTE PROVISIONAL CREDIT OF 20% TO CGST AND SGST AND IGST. ABOVE MENTIONED ITC IS TOTAL INVOICES UPLOADED AND REFLECTED IN GSTR 2A. AGAIN HOW TO CALCULATE PROVISIONAL CREDIT OF 20% AND I AM NOT AVAILED PROVISIONAL CREDIT OF ITC IN THE MONTH OF NOVEMBER.
30 December 2019
You can claim 20 % of eligible credit appearing in GSTR 2A as provisional credit . Before taking provisional ITC , reconcile your purchase register with GSTR 2A . You will come to know which are the invoices not uploaded by your supplier in GSTR 2A .
With your purchase register , you will come to know , whether eligible credits not uploaded by the supplier are CGST/ SGST or IGST
MY DOUBTS ALMOST CLEARED MADAM I HAVE RECONCILED MY PURCHASE REGISTER AND GSTR 2A I HAVE CLAIMED ITC REFLECTING IN GSTR 2A ONLY MISSING INVOICES NOVEMBER MONTH TO BE UPLOADED ITC OF MISSING INVOICES CGST- 31937 AND SGST-31937. HOW TO CLAIM THIS ITC OF MISSED BILLS TO BE CLAIMED IN THE MONTH OF DECEMBER HOW TO CALCULATE MISSING ITC OF PREVIOUS MONTH
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