Input tax credit adjustment: cumulative April-June period requires GSTR-3B for June to include cumulative ITC adjustments. The Fifth Amendment, 2021, amends GST Rules to extend a deadline in rule 26(1) from end of May to end of August 2021; requires that the condition for input tax credit adjustments apply cumulatively for April-June 2021 with FORM GSTR-3B for June 2021 furnished including the cumulative ITC adjustment; and allows registered persons to furnish May 2021 details via the Invoice Furnishing Facility from 1 June to 28 June 2021.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit adjustment: cumulative April-June period requires GSTR-3B for June to include cumulative ITC adjustments.
The Fifth Amendment, 2021, amends GST Rules to extend a deadline in rule 26(1) from end of May to end of August 2021; requires that the condition for input tax credit adjustments apply cumulatively for April-June 2021 with FORM GSTR-3B for June 2021 furnished including the cumulative ITC adjustment; and allows registered persons to furnish May 2021 details via the Invoice Furnishing Facility from 1 June to 28 June 2021.
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