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of <h1>GST Circular: CTPs Must Consider ITC for Advance Tax; ISDs Face Penalties for Excess ITC Distribution in Gujarat.</h1> The circular addresses GST issues concerning casual taxable persons (CTPs) and the recovery of excess Input Tax Credit (ITC) by Input Service Distributors (ISDs) in Gujarat. It clarifies that CTPs must calculate advance tax after considering eligible ITC. For exhibitions exceeding 180 days, entities must register as normal taxable persons without advance tax. Regarding excess ITC distributed by ISDs, recipients must repay the excess with interest, or face proceedings under GGST Act sections 73 or 74. ISDs are subject to penalties under section 122(1)(ix) for contraventions. Difficulties in implementation should be reported to the Commissioner.
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