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Don’t Avail ITC on Same Invoice Twice- GSTN

Seep Gupta
Seep Gupta at March 31, 2023
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 ITC on Same Invoice 

The Goods and Services Tax Network GSTN has asked taxpayers not to avail of input tax credit or ITC on the same invoice appearing twice in GSTR-2B. Recently the GSTN (Goods and Services Tax Network) has received complaints from the taxpayers. The taxpayers have reported that they have observed the same invoice twice in GSTR-2B for the months of April and May 2022.
According to the Goods and Services Tax Network, the solution to this issue would be implemented shortly

 

About GSTR-2B

GSTR-2B or form GSTR-2B is a system-generated or auto-populated type of statement that reflects ITC or input tax credit details. The statement regarding input tax credit gets generated automatically on the 12th of the succeeding month. Form GSTR-2B gets generated automatically based on the details, and information furnished by the supplier, seller, or counterparty.
 

About the Author

Seep Gupta

Seep Gupta

Content Writer

I am a freshly graduated first generation lawyer and a freelancer from India. I have written high quality articles and SEO based Word Press blogs in varying and diverse niches. My driving forc Read more...

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