Dear Sir, If Total IGST is Rs 8900. It includes 2 Bills whose ITC is Rs 1020 and Rs 7880.A Bill whose ITC is 1020 has not been uploaded in my 2A.
Query- ITC as per 36(4) will be – [7880+ 10% of 1020] =Rs 7982. Am i right ??
2) 10% ITC in Rule 36(4) will be calculated as follows – 10% of ITC as per Bill which is not uploaded in GSTR-2A, OR , 10% of Total ITC Uploaded in GSTR-2A WHICHEVER IS LOWER . Do you agree ?
chirag111 Asked question October 25, 2020
- Yes, you are right.
- It will be 110% of eligible ITC uploaded in GSTR-2A or total eligible ITC as per books, whichever is lower.
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Frah Saeed Changed status to publish October 25, 2020