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of <h1>GST Clarifies Rules for Casual Taxable Persons and Input Service Distributors on ITC and Penalties.</h1> The circular addresses clarifications under GST for casual taxable persons (CTPs) and the recovery of excess Input Tax Credit (ITC) by Input Service Distributors (ISDs). For CTPs, it clarifies that advance tax for registration should consider eligible ITC. CTP status is limited to 180 days; longer operations require normal registration without advance tax. For ISDs, excess credit distributed against section 20 of the CGST Act should be recovered from recipients, who can voluntarily repay with interest using FORM GST DRC-03. If not, proceedings under sections 73 or 74 may be initiated. ISDs may also incur penalties under section 122(1)(ix).
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