Automatic Unblocking of Input Tax Credit Under SGST After One Year: Ensuring Efficient and Fair Taxpayer Management.

Automatic Unblocking of Input Tax Credit Under SGST After One Year: Ensuring Efficient and Fair Taxpayer Management. https://www.taxtmi.com/highlights?id=62456 Unblocking of ITC on expiry of one year from the date of blocking - SGST - It is noticed that most of these taxpayers ITCs would have been blocked by the Proper Officers on account of some mismatches/investigation/non-existence or receipt of alert notices etc. from other state/central jurisdiction authorities, regarding the taxpayers. Hence, it is important that all such cases are taken to their logical conclusion in a time bound manner. en-us Tue, 15 Mar 2022 16:15:25 +0530 Tue, 15 Mar 2022 16:15:25 +0530 TaxTMI RSS Generator Automatic Unblocking of Input Tax Credit Under SGST After One Year: Ensuring Efficient and Fair Taxpayer Management. https://www.taxtmi.com/highlights?id=62456 Unblocking of ITC on expiry of one year from the date of blocking - SGST - It is noticed that most of these taxpayers ITCs would have been blocked by the Proper Officers on account of some mismatches/investigation/non-existence or receipt of alert notices etc. from other state/central jurisdiction authorities, regarding the taxpayers. Hence, it is important that all such cases are taken to their logical conclusion in a time bound manner. Highlights GST - States Tue, 15 Mar 2022 16:15:25 +0530 https://www.taxtmi.com/highlights?id=62456