Скачать с ютуб Rule 36(4) ITC Reversal For Sept - 20 GSTR 3B in SCIGST Software в хорошем качестве

Rule 36(4) ITC Reversal For Sept - 20 GSTR 3B in SCIGST Software

(1) Clarification for Availing ITC for the month of September - 2020 CBIC has issued a Circular on 9th October 2020 clarifying applicability of Rule 36(4) is in force from the month of September 2020 Earlier CBIC clarifies that ITC is to be availed based on invoices and debit notes reported on due date of GSTR 1 by supplier. And ITC availed for the said month should not exceed 110% of the cumulative value of the eligible ITC. It is Important to note that any invoice uploaded by supplier beyond the due date of furnishing the GSTR 1 should not be considered for calculation of eligible ITC for the current month , such credit shall be deemed as availing access credit. Any such access credit availed is required to be reversed in table 4(B)(2) of GSTR 3B. So looking at above it is advised to ascertain the details of invoices uploaded by supplier from the period of Feb-20 to Aug-20 till the due date of Furnishing GSTR 1 of Sept 20 as reflected in GSTR 2A (October 11, 2020) The Same is updated in SCIGST Ver 21.5.4b Credit Claimed From Feb-20 to Aug-20 Shall be auto reflected in Calculation for Rule 36(4) for Sept -20. You can download GSTR 2A for the Period Specified. Bifurcation for Invoices available in GSTR 2A for eligible and ineligible credit Invoices available from Feb-20 to Aug-20 with Filing Status "Yes" upto date 11/10/2020 Invoices of Period before Feb 20 Invoices Uploaded after 11/10/2020 Invoices having Filing Status = "No" Invoices having RCM = "Yes" and ISD credit Calculate 110% of the Cumulative Eligible ITC and Display reversal of ITC based on this calculation if any to be shown in table 4(B)(2) of GSTR 3B for Sept 2020.