Petitioner directed to use special rectification procedure for excess Input Tax Credit under CGST Act
M/s ITI Ltd Versus The Union of India, GST Council New Delhi, Central Board of Indirect Taxes & Customs, GST Network, Commissioner/Joint Secretary in the Board Central Board of Indirect Taxes & Customs, Assistant Commissioner Office of Assistant Commissioner, GST Shillong.
M/s ITI Ltd Versus The Union of India, GST Council New Delhi, Central Board of Indirect Taxes & Customs, GST Network, Commissioner/Joint Secretary in the ... The High Court of Meghalaya heard a case regarding excess availed Inputs Tax Credit and a Notification dated 08.10.2024 was presented, providing a special rectification procedure under the CGST Act. The petitioner must avail of this procedure within two weeks, and no coercive action shall be taken by the respondents during this process. The application for rectification can be accepted manually due to potential Portal issues. The prayer is allowed, and the matter is closed and disposed of accordingly.