https://www.taxtmi.com/notifications?id=125877 Amendments clarify that amounts added under clause (b) of section 15(2) are deemed paid for the purposes of the second proviso to section 16(2); extend the period in rule 83(3) to eighteen months; and, effective 1 July 2017, prescribe a formula for refund of input tax credit on account of inverted duty structure with definitions of Net ITC and Adjusted Total Turnover, while imposing invoice, deposit and anti profiteering compliance measures and updating related forms and statements. en-us Thu, 14 Jun 2018 00:00:00 +0530 Fri, 13 Jul 2018 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125877 Amendments clarify that amounts added under clause (b) of section 15(2) are deemed paid for the purposes of the second proviso to section 16(2); extend the period in rule 83(3) to eighteen months; and, effective 1 July 2017, prescribe a formula for refund of input tax credit on account of inverted duty structure with definitions of Net ITC and Adjusted Total Turnover, while imposing invoice, deposit and anti profiteering compliance measures and updating related forms and statements. Notifications GST - States Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125877