https://www.taxtmi.com/circulars?id=67563 Taxpayers must reconcile ITC availed in FORM GSTR-3B for February-August 2020 with invoices uploaded by suppliers in FORM GSTR-1 by the September 2020 due date; cumulative ITC claimed for those months must not exceed the permitted cap based on eligible uploaded invoices, and any excess ITC identified must be reversed in Table 4(B)(2) of FORM GSTR-3B for September 2020, with the cumulative treatment being a temporary modification to prior clarifications and not expanding overall credit eligibility. en-us Thu, 15 Oct 2020 00:00:00 +0530 Mon, 24 Jun 2024 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67563 Taxpayers must reconcile ITC availed in FORM GSTR-3B for February-August 2020 with invoices uploaded by suppliers in FORM GSTR-1 by the September 2020 due date; cumulative ITC claimed for those months must not exceed the permitted cap based on eligible uploaded invoices, and any excess ITC identified must be reversed in Table 4(B)(2) of FORM GSTR-3B for September 2020, with the cumulative treatment being a temporary modification to prior clarifications and not expanding overall credit eligibility. Circulars GST - States Thu, 15 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67563