https://www.taxtmi.com/article/detailed?id=9609 The amendment to Rule 36(4) requires that invoice details must be furnished through the supplier's return rather than merely uploaded, and reduces the allowable credit for invoices not appearing in supplier-filed returns to a lower residual allowance; taxpayers therefore can claim full input tax credit only for invoices reflected in supplier-filed returns or invoice furnishing mechanisms, with a reduced cap applying to non-reflected invoices, increasing potential blocked credit and working capital pressure. en-us Fri, 01 Jan 2021 10:16:53 +0530 Fri, 01 Jan 2021 10:16:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9609 The amendment to Rule 36(4) requires that invoice details must be furnished through the supplier's return rather than merely uploaded, and reduces the allowable credit for invoices not appearing in supplier-filed returns to a lower residual allowance; taxpayers therefore can claim full input tax credit only for invoices reflected in supplier-filed returns or invoice furnishing mechanisms, with a reduced cap applying to non-reflected invoices, increasing potential blocked credit and working capital pressure. Articles Goods and Services Tax - GST Fri, 01 Jan 2021 10:16:53 +0530 https://www.taxtmi.com/article/detailed?id=9609