https://www.taxtmi.com/notifications?id=132137 Amendments require project-wise final computation and reconciliation of input tax credit for construction services and capital goods, using carpet-area based E/F apportionment and prorated useful-life formulas; separate computation by tax head; reversals or claims to be effected via FORM GSTR-3B or FORM GST DRC-03 by the September return following project completion or first occupation, with interest on delayed reversals. New utilisation order prescribes exhausting integrated tax credit first. Assessment and demand processes are standardized with substituted electronic summary forms for notices, orders, rectifications and acknowledgements. en-us Mon, 06 Jan 2020 00:00:00 +0530 Wed, 19 Feb 2020 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132137 Amendments require project-wise final computation and reconciliation of input tax credit for construction services and capital goods, using carpet-area based E/F apportionment and prorated useful-life formulas; separate computation by tax head; reversals or claims to be effected via FORM GSTR-3B or FORM GST DRC-03 by the September return following project completion or first occupation, with interest on delayed reversals. New utilisation order prescribes exhausting integrated tax credit first. Assessment and demand processes are standardized with substituted electronic summary forms for notices, orders, rectifications and acknowledgements. Notifications GST - States Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132137