Input tax credit refund treatment amended by omitting the exclusion for provisionally accepted credit under section 54. Section 54 of the Central Goods and Services Tax Act is amended in sub-section (6) by omitting the words 'excluding the amount of input tax credit provisionally accepted,'. The amendment removes the express exclusion of provisionally accepted input tax credit from the refund-related provision in that sub-section and takes effect from 01-10-2023.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit refund treatment amended by omitting the exclusion for provisionally accepted credit under section 54.
Section 54 of the Central Goods and Services Tax Act is amended in sub-section (6) by omitting the words "excluding the amount of input tax credit provisionally accepted,". The amendment removes the express exclusion of provisionally accepted input tax credit from the refund-related provision in that sub-section and takes effect from 01-10-2023.
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