The restriction of 20% applies with respect to eligible input tax credit available to the recipient in respect of invoices or debit notes the details of which have been uploaded by the suppliers under subsection (1) of section 37 as on the due date of filing of the returns in FORM GSTR 1 of the suppliers for the said tax period.
Summary of Various GST Returns & Due dates in July 2019 10 JULY 2019 – GSTR 8 TDS & TCS Return under GST 11 JULY 2019- GSTR-1 for June’19 (Monthly Return) Fot Taxpayer having turnover of more than Rs 1.50 Cr or or opted to file monthly Return 13 JULY 2019- GSTR-6 Every Input […]
GST Returns for Composition Tax Payers has been changed from 1st April 2019 As Notification No. 02/2019– Central Tax (Rate), dated the 7th March, 2019 Extract of Notification Furnish a statement, every quarter or, as the case may be, part thereof, containing the details of payment of self-assessed tax in FORM GST CMP-08, till the […]
