https://www.taxtmi.com/circulars?id=63778 Sub-rule (4) to rule 36 restricts ITC for invoices/debit notes not uploaded by suppliers under section 37(1): the disallowed credit in a tax period shall not exceed 20% of the eligible input tax credit attributable to invoices/debit notes that have been uploaded by suppliers as on the due date for suppliers' FORM GSTR-1; the restriction is applied across all suppliers and only to invoices otherwise eligible for ITC. Taxpayers must self-assess the cap in FORM GSTR-3B and may claim the balance ITC in later months as suppliers upload details. en-us Mon, 11 Nov 2019 00:00:00 +0530 Thu, 23 Apr 2020 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63778 Sub-rule (4) to rule 36 restricts ITC for invoices/debit notes not uploaded by suppliers under section 37(1): the disallowed credit in a tax period shall not exceed 20% of the eligible input tax credit attributable to invoices/debit notes that have been uploaded by suppliers as on the due date for suppliers' FORM GSTR-1; the restriction is applied across all suppliers and only to invoices otherwise eligible for ITC. Taxpayers must self-assess the cap in FORM GSTR-3B and may claim the balance ITC in later months as suppliers upload details. Circulars GST - States Mon, 11 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63778