Input tax credit compliance requires Chartered Accountant certification within six months for goods reused in taxable manufacture after export ITC. Goods supplied after exports where input tax credit was availed must be used in manufacture and supply of taxable goods (other than nil rated or fully exempted goods) and a certificate from a chartered accountant confirming this use must be submitted to the jurisdictional commissioner of GST or an authorised officer within six months; no such certificate is required if input tax credit was not availed. The words 'on pre-import basis' are omitted from the Explanation.
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 compliance requires Chartered Accountant certification within six months for goods reused in taxable manufacture after export ITC.
Goods supplied after exports where input tax credit was availed must be used in manufacture and supply of taxable goods (other than nil rated or fully exempted goods) and a certificate from a chartered accountant confirming this use must be submitted to the jurisdictional commissioner of GST or an authorised officer within six months; no such certificate is required if input tax credit was not availed. The words "on pre-import basis" are omitted from the Explanation.
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