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of <h1>Karnataka GST Order 2018: Extended Deadlines for Input Tax Credit and Error Rectification for 2017-18 Fiscal Year.</h1> The Karnataka Goods and Services Tax (Second Removal of Difficulties) Order, 2018, addresses issues faced by taxpayers during the initial implementation of GST in the 2017-18 financial year. It amends sections 16(4) and 37(3) of the Karnataka GST Act, 2017, allowing registered persons to claim input tax credit and rectify errors or omissions beyond the original deadlines. Specifically, taxpayers can now claim input tax credit and make necessary rectifications for the 2017-18 fiscal year until the due date for furnishing returns for March 2019. This order aims to alleviate difficulties caused by unfamiliarity with the new tax system.
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