TaxTMI 
TaxTMI 
Availability of ITC
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....vailability of ITC<br> Query (Issue) Started By: - KARAN VERMA Dated:- 9-10-2020 Last Reply Date:- 6-11-2020 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Sir I have forgot to upload detail....
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.... of March ,2020 invoices in GSTR-1. Then, in first quarter I have uploaded detail in GSTR-1 (June month) 2020 and paid taxes in GSTR-3B May month. Whether buyer is legally allowed to take ITC and whe....
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....ther such invoice reflect in Buyer GSTR-2A for 2019-20. Reply By KASTURI SETHI: The Reply: In this scenario, ITC will be reflected in 2 A during the year 2020-21 and NOT in 2019-20. Reply By KARAN ....
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....VERMA: The Reply: ok sir but whether buyer is eligible to take input tax credit. Reply By KASTURI SETHI: The Reply: Yes. You can take but before 20.10.20. Reply By Ganeshan Kalyani: The Reply: Ye....
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....s, the buyer is eligible to take credit. Reply By KARAN VERMA: The Reply: I will asked buyer to download June month GSTR-1 copy and take ITC in September month return. Reply By Bhavika Chothani: Th....
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....e Reply: This invoice will reflect in 2A of 2020-21. As per the latest rule where the buyer is allowed to take additional 10% ITC apart from what is there in GSTR-2A. Your buyer can take the ITC of t....
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....his invoice in 2019-20, if it fits in this additional 10%<br> Discussion Forum - Knowledge Sharing ....