Input tax credit communication: amendments restrict, condition and time-limit availment under Assam GST, altering returns and matching rules. Amendments revise rules on availment and communication of input tax credit, making self-assessed credit subject to prescribed conditions and requiring reversal with interest where supplier tax remains unpaid. Outward-supply reporting under section 37 is conditioned and may be blocked if prior periods' reports are missing, while substituted section 38 mandates auto-generated electronic statements of inward supplies categorising credits that may or may not be availed because of prescribed supplier behaviours or defaults. Several procedural deadlines and provisions (including omission of sections 42, 43 and 43A) are also altered.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit communication: amendments restrict, condition and time-limit availment under Assam GST, altering returns and matching rules.
Amendments revise rules on availment and communication of input tax credit, making self-assessed credit subject to prescribed conditions and requiring reversal with interest where supplier tax remains unpaid. Outward-supply reporting under section 37 is conditioned and may be blocked if prior periods' reports are missing, while substituted section 38 mandates auto-generated electronic statements of inward supplies categorising credits that may or may not be availed because of prescribed supplier behaviours or defaults. Several procedural deadlines and provisions (including omission of sections 42, 43 and 43A) are also altered.
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