Input tax credit entitlement clarified: specified invoice particulars suffice to claim credit when core details are present. The amendment adds a proviso to rule 22(4) mandating dropping of registration cancellation proceedings where a taxpayer furnishes all pending returns and pays tax, interest and late fees, and substitutes FORM GST-REG-20. It permits input tax credit under rule 36(2) where specified key particulars are present even if some invoice particulars are missing. It revises definitions for Adjusted Total Turnover, refines refund eligibility under rule 96, mandates carriage of the importer's bill of entry in FORM GST EWB-01, and substitutes/formulates FORM GST ITC-04, FORM GSTR-9 and FORM GSTR-9A.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit entitlement clarified: specified invoice particulars suffice to claim credit when core details are present.
The amendment adds a proviso to rule 22(4) mandating dropping of registration cancellation proceedings where a taxpayer furnishes all pending returns and pays tax, interest and late fees, and substitutes FORM GST-REG-20. It permits input tax credit under rule 36(2) where specified key particulars are present even if some invoice particulars are missing. It revises definitions for Adjusted Total Turnover, refines refund eligibility under rule 96, mandates carriage of the importer's bill of entry in FORM GST EWB-01, and substitutes/formulates FORM GST ITC-04, FORM GSTR-9 and FORM GSTR-9A.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
