Cumulative input tax credit adjustment required for consecutive tax periods; specified return must include consolidated IFF adjustments. Amendments require cumulative application of the input tax credit condition across April and May 2021 and mandate that FORM GSTR-3B for May 2021 be furnished with cumulative adjustment of input tax credit for those months. A proviso permits registered persons to furnish April 2021 details via the Invoice Furnishing Facility during a specified window in May 2021.
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.
Cumulative input tax credit adjustment required for consecutive tax periods; specified return must include consolidated IFF adjustments.
Amendments require cumulative application of the input tax credit condition across April and May 2021 and mandate that FORM GSTR-3B for May 2021 be furnished with cumulative adjustment of input tax credit for those months. A proviso permits registered persons to furnish April 2021 details via the Invoice Furnishing Facility during a specified window in May 2021.
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