https://www.taxtmi.com/article/detailed?id=8713 Taxpayers must report full Input Tax Credit in the primary credit table and separately disclose ineligible credits and proportionate reversals in designated reversal fields of the return. Omitted or misreported ineligible credits and reversals should be corrected through annual or periodic returns as specified. Failure to provide the detailed breakdown may trigger scrutiny and potential penalties, and accurate disaggregation is required to support revenue reconciliation and intergovernmental compensation based on return data. en-us Mon, 09 Sep 2019 11:05:01 +0530 Mon, 09 Sep 2019 11:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8713 Taxpayers must report full Input Tax Credit in the primary credit table and separately disclose ineligible credits and proportionate reversals in designated reversal fields of the return. Omitted or misreported ineligible credits and reversals should be corrected through annual or periodic returns as specified. Failure to provide the detailed breakdown may trigger scrutiny and potential penalties, and accurate disaggregation is required to support revenue reconciliation and intergovernmental compensation based on return data. Articles Goods and Services Tax - GST Mon, 09 Sep 2019 11:05:01 +0530 https://www.taxtmi.com/article/detailed?id=8713