GST Credit Availability To Drop Due To Additional Fields In GSTR 2A?

Countries implementing value added tax with credit mechanism are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various anti-abuse provisions, which included matching the GST credit taken by a taxpayer with the GST paid by its supplier over the GSTN. This was the first time that any country across the world with a large volume…