Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Delhi GST Notification Amended: New Clause for Taxpayers on Input Tax Credit and Ledger Debit Effective April 1, 2019.</h1> The notification amends Notification No. 02/2019-State Tax (Rate) dated September 12, 2019, under the Delhi Goods and Services Tax Act, 2017. It introduces a clause requiring registered persons opting to pay tax under this notification to debit their electronic credit or cash ledger by an amount equivalent to the input tax credit on stock and capital goods, causing any remaining credit to lapse. Additionally, it stipulates that the Delhi GST Rules, 2017, applicable to section 10 taxpayers, will also apply to those under this notification. These amendments take effect from April 1, 2019.