Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37, shall not exceed 20 per cent. of the eligible credit available in respect of invoices or debit notes the details of which have been uploaded by the suppliers under sub-section (1) of section 37.”.
Source: taxmann.com
Latest Posts in "India"
- Bombay HC Grants Interim Relief in Leasehold Rights GST Dispute
- Industry Seeks Three-Month Delay for GST E-Way Bill Changes
- GST panel may allow transfer of unused tax credit within corporate groups
- Weekly GST Communique dated 27 July 2026 (A2Z Taxcorp)
- CBIC Circular No. 256/02/2026-GST — departmental appeals before GSTAT in DGGI cases
