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of <h1>Assam Commissioner clarifies GST for Casual Taxable Persons and Input Service Distributors on ITC recovery and penalties.</h1> The circular from the Assam Commissioner of Taxes provides clarifications on GST issues concerning casual taxable persons (CTP) and the recovery of excess Input Tax Credit (ITC) distributed by an Input Service Distributor (ISD). It states that CTPs should calculate advance tax after considering eligible ITC. For exhibitions over 180 days, entities should register as normal taxable persons without paying advance tax. Regarding excess ITC distribution, recovery will occur from recipients with potential penalties, and ISDs face penalties for non-compliance. The circular is clarificatory and not for interpreting GST laws.
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