CBIC allows 20% ITC of invoices/debit-notes not reflected in GSTR-2A; extends TRAN-01/TRAN-02 due-dates

CBIC notifies amendments in CGST Rules with effect from October 09, 2019; Inserts new sub-rule 4 which lays down that a registered person can claim ITC in respect of invoices or debit notes not reflected in GSTR-01 by his supplier only to the extent of 20% of his total eligible credit as per details furnished by the supplier in GSTR-01; Extends due date of filling TRAN-01 till December 31, 2019 and TRAN-02 till January 30, 2020 for registered persons who could not submit retu...