https://www.taxtmi.com/article/detailed?id=8824 The amendment caps ITC for invoices not uploaded by suppliers as reflected in GSTR 2A and requires monthly computation when claiming credit in Form GSTR 3B. Taxpayers should reconcile Books Credit (excluding ineligible and non GSTR 1 items) with GSTR 2A to identify Pending Invoices and Quarterly Invoices, compute Available Credit, and adjust by the permitted additional proportion to determine Eligible Credit; alternatively, take full book credit and pursue supplier uploads while accepting possible interest exposure. en-us Sat, 16 Nov 2019 10:34:05 +0530 Sat, 16 Nov 2019 10:34:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8824 The amendment caps ITC for invoices not uploaded by suppliers as reflected in GSTR 2A and requires monthly computation when claiming credit in Form GSTR 3B. Taxpayers should reconcile Books Credit (excluding ineligible and non GSTR 1 items) with GSTR 2A to identify Pending Invoices and Quarterly Invoices, compute Available Credit, and adjust by the permitted additional proportion to determine Eligible Credit; alternatively, take full book credit and pursue supplier uploads while accepting possible interest exposure. Articles Goods and Services Tax - GST Sat, 16 Nov 2019 10:34:05 +0530 https://www.taxtmi.com/article/detailed?id=8824