https://www.taxtmi.com/article/detailed?id=8739 New GST return formats require recipients to track auto-populated ITC from ANX-1 and reconcile with RET-1: ITC on advances for reverse charge and import of services must be reversed as ineligible until supplies are received and can then be reclaimed; provisional ITC claimed for supplier-omitted invoices must be reversed when the supplier uploads the invoice to avoid duplicate credit, with reversals net of ineligible amounts. en-us Wed, 25 Sep 2019 06:39:39 +0530 Wed, 25 Sep 2019 06:39:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8739 New GST return formats require recipients to track auto-populated ITC from ANX-1 and reconcile with RET-1: ITC on advances for reverse charge and import of services must be reversed as ineligible until supplies are received and can then be reclaimed; provisional ITC claimed for supplier-omitted invoices must be reversed when the supplier uploads the invoice to avoid duplicate credit, with reversals net of ineligible amounts. Articles Goods and Services Tax - GST Wed, 25 Sep 2019 06:39:39 +0530 https://www.taxtmi.com/article/detailed?id=8739