Interest on Wrongful Input Tax Credit is mandatory where excess transitional credit was retained and later reversed, and related objections were rejec...
The IBBI specifies standard formats under the Information Utilities Regulations, 2017 for registration or renewal of registration, the certificate of registration, user submission of information, record of default, and information of dispute. Form A requires applicant details, constitutional and financial information, infrastructure, business and exit plans, and fit-and-proper disclosures, while Form B prescribes the registration certificate. Form C sets out the data fields for debt, security and default reporting. Forms D and E prescribe the formats for issuing a record of default and information of dispute, with authenticated debt details and supporting documents.
The IBBI specifies standard formats under the Information Utilities Regulations, 2017 for registration or renewal of registration, the certificate of registration, user submission of information, record of default, and information of dispute. Form A requires applicant details, constitutional and financial information, infrastructure, business and exit plans, and fit-and-proper disclosures, while Form B prescribes the registration certificate. Form C sets out the data fields for debt, security and default reporting. Forms D and E prescribe the formats for issuing a record of default and information of dispute, with authenticated debt details and supporting documents.
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