Wednesday, June 10, 2020

CBIC issues clarification on Refund of ITC where details aren’t reflected in Form GSTR-2A [Read Circular]

The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday issued the clarification on refund of Input Tax Credit (ITC) where details aren’t reflected in Form GSTR-2A. In some of the cases refund sanctioning authorities have rejected the refund of accumulated ITC in respect of ITC availed on imports, ISD invoices, RCM, etc. citing […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2XPL1h9

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