https://www.taxtmi.com/notifications?id=132946 The amendment mandates Aadhaar authentication for GST registration from 1 April 2020, with failure to authenticate triggering compulsory physical verification of the principal place of business within sixty days and uploading of verification reports in FORM GST REG-30. It reorganises input tax credit treatment for capital goods by fixing a five-year useful life, adjusts common credit computations when categories change, permits re-crediting to the electronic credit ledger via FORM GST PMT-03 for certain refunds, and establishes recovery procedures for refunds where export proceeds are not realised under FEMA timelines. en-us Tue, 31 Mar 2020 00:00:00 +0530 Fri, 22 May 2020 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132946 The amendment mandates Aadhaar authentication for GST registration from 1 April 2020, with failure to authenticate triggering compulsory physical verification of the principal place of business within sixty days and uploading of verification reports in FORM GST REG-30. It reorganises input tax credit treatment for capital goods by fixing a five-year useful life, adjusts common credit computations when categories change, permits re-crediting to the electronic credit ledger via FORM GST PMT-03 for certain refunds, and establishes recovery procedures for refunds where export proceeds are not realised under FEMA timelines. Notifications GST - States Tue, 31 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132946