https://www.taxtmi.com/circulars?id=64506 Clarifies that for February-August 2020 taxpayers must cumulatively reconcile ITC claimed in FORM GSTR-3B with supplier-uploaded invoices as per GSTR-2A up to the due date for FORM GSTR-1 for September 2020; cumulative ITC claimed must not exceed 110% of the cumulative eligible uploaded credit and any excess ITC must be reversed in Table 4(B)(2) of FORM GSTR-3B for September 2020, while the 110% allowance applies independently for September 2020. en-us Tue, 13 Oct 2020 00:00:00 +0530 Fri, 23 Oct 2020 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64506 Clarifies that for February-August 2020 taxpayers must cumulatively reconcile ITC claimed in FORM GSTR-3B with supplier-uploaded invoices as per GSTR-2A up to the due date for FORM GSTR-1 for September 2020; cumulative ITC claimed must not exceed 110% of the cumulative eligible uploaded credit and any excess ITC must be reversed in Table 4(B)(2) of FORM GSTR-3B for September 2020, while the 110% allowance applies independently for September 2020. Circulars GST - States Tue, 13 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64506