Extension of filing deadlines permits cumulative input tax credit adjustment for April-June and an IFF window for May details. Karnataka amends GST Rules effective 1 June 2021: extends a filing deadline by revising the terminal date; requires the input tax credit reconciliation condition to apply cumulatively for April, May and June 2021 with the FORM GSTR-3B for June 2021 (or quarter ending June 2021) furnished including cumulative ITC adjustments; and permits registered persons to submit May 2021 details using the Invoice Furnishing Facility during a specified window in June 2021.
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Extension of filing deadlines permits cumulative input tax credit adjustment for April-June and an IFF window for May details.
Karnataka amends GST Rules effective 1 June 2021: extends a filing deadline by revising the terminal date; requires the input tax credit reconciliation condition to apply cumulatively for April, May and June 2021 with the FORM GSTR-3B for June 2021 (or quarter ending June 2021) furnished including cumulative ITC adjustments; and permits registered persons to submit May 2021 details using the Invoice Furnishing Facility during a specified window in June 2021.
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