Input tax credit compliance tightened as Assam GST amendments revise filing, refund and electronic credit ledger rules. The Assam Goods and Services Tax (Amendment) Act, 2022 revises the Assam GST framework on input tax credit, outward supply reporting, return filing, refunds and related compliance. It substitutes the rules on communication of inward supplies and credit, omits the earlier matching provisions, and prescribes revised conditions, restrictions and deadlines, including the 30 November cut-off in place of September-linked dates. The amendment also updates interest on wrongly availed and utilised credit, electronic credit ledger usage, late fee provisions and refund limitation periods.
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.
Input tax credit compliance tightened as Assam GST amendments revise filing, refund and electronic credit ledger rules.
The Assam Goods and Services Tax (Amendment) Act, 2022 revises the Assam GST framework on input tax credit, outward supply reporting, return filing, refunds and related compliance. It substitutes the rules on communication of inward supplies and credit, omits the earlier matching provisions, and prescribes revised conditions, restrictions and deadlines, including the 30 November cut-off in place of September-linked dates. The amendment also updates interest on wrongly availed and utilised credit, electronic credit ledger usage, late fee provisions and refund limitation periods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
