TMI BlogClarification related to Rule 43X X X X Extracts X X X X X X X X Extracts X X X X ..... Respected sir/ madam, Please inform as per the provisions of Rule 42 , the proportionate reversal of ITC to be done on monthly basis and at the end of the financial year , yearly calculation also ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be done. Accordingly, ITC reversal or re credit can be done. Is there any provision under Rule 43 for yearly calculation also Or only monthly calculation proposed? - Reply By Shilpi Jain - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Reply = Rule 43 only monthly calculation and reversal. No yearly re-calculations required. - Clarification related to Rule 43 - Query Started By: - Rajesh Kumar Dated:- 15-5-2023 Goods and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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