Input tax credit extension permitted where supplier uploads return details within the revised filing window, enabling limited rectifications. The Order inserts provisos to section 16(4) and section 37(3) to permit claiming input tax credit after the original return-filing cut-off where the supplier has uploaded the relevant details under section 37(1) within the extended period, and to allow rectification of errors or omissions in details furnished under section 37(1) during the same transitional extension, subject to payment of any tax and interest.
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Input tax credit extension permitted where supplier uploads return details within the revised filing window, enabling limited rectifications.
The Order inserts provisos to section 16(4) and section 37(3) to permit claiming input tax credit after the original return-filing cut-off where the supplier has uploaded the relevant details under section 37(1) within the extended period, and to allow rectification of errors or omissions in details furnished under section 37(1) during the same transitional extension, subject to payment of any tax and interest.
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