https://www.taxtmi.com/notifications?id=137648 Input tax credit is restricted to invoices furnished by suppliers in FORM GSTR-1 or via the invoice furnishing facility and communicated to recipients through FORM GSTR-2B. The rules extend filing relief for the financial year 2020-2021 for annual returns and reconciliation statements. Refunds where Unique Identity Numbers are omitted require attested invoice copies. A new auction-based penalty recovery process for detained or seized goods or conveyances is prescribed, with detailed notice, bidding, payment, transfer and re auction procedures and exceptions for perishable or hazardous items. Proceeds allocation prioritises recovery costs, then dues and penalties, with balances credited to the owner or deposited with the Fund. en-us Mon, 31 Jan 2022 00:00:00 +0530 Wed, 09 Feb 2022 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=137648 Input tax credit is restricted to invoices furnished by suppliers in FORM GSTR-1 or via the invoice furnishing facility and communicated to recipients through FORM GSTR-2B. The rules extend filing relief for the financial year 2020-2021 for annual returns and reconciliation statements. Refunds where Unique Identity Numbers are omitted require attested invoice copies. A new auction-based penalty recovery process for detained or seized goods or conveyances is prescribed, with detailed notice, bidding, payment, transfer and re auction procedures and exceptions for perishable or hazardous items. Proceeds allocation prioritises recovery costs, then dues and penalties, with balances credited to the owner or deposited with the Fund. Notifications GST - States Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=137648