Cumulative input tax credit adjustment required; monthly return must include combined ITC for consecutive tax periods. The amendment requires the condition governing input tax credit availability to apply cumulatively for April and May, 2021 and mandates that FORM GSTR-3B for the tax period of May, 2021 be furnished with the cumulative adjustment of input tax credit for those months; it also permits registered persons to furnish April, 2021 details using the Invoice Furnishing Facility during the specified May filing window.
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; monthly return must include combined ITC for consecutive tax periods.
The amendment requires the condition governing input tax credit availability to apply cumulatively for April and May, 2021 and mandates that FORM GSTR-3B for the tax period of May, 2021 be furnished with the cumulative adjustment of input tax credit for those months; it also permits registered persons to furnish April, 2021 details using the Invoice Furnishing Facility during the specified May filing window.
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