Notifies the special procedure for rectification of for Input Tax Credit Orders issued under Section 73, 74, 107, 108 which confirming demand for wrong availment of input tax credit

Notifies the special procedure for rectification of for Input Tax Credit Orders issued under Section 73, 74, 107, 108 which confirming demand for wrong availment of input tax credit https://www.taxtmi.com/notifications?id=142933 Notification prescribes a special rectification procedure for registered persons to apply electronically within the specified period, using the Annexure A proforma, where orders confirming demand for wrong availment of Input Tax Credit (contravening section 16(4)) are now eligible under later sub sections; the original ordering authority shall decide and issue a rectified order within three months and upload summaries in FORM GST DRC 08 or FORM GST APL 04 as applicable, with natural justice to be observed where rectification adversely affects the applicant. en-us Fri, 13 Dec 2024 00:00:00 +0530 Mon, 23 Dec 2024 18:05:00 +0530 TaxTMI RSS Generator Notifies the special procedure for rectification of for Input Tax Credit Orders issued under Section 73, 74, 107, 108 which confirming demand for wrong availment of input tax credit https://www.taxtmi.com/notifications?id=142933 Notification prescribes a special rectification procedure for registered persons to apply electronically within the specified period, using the Annexure A proforma, where orders confirming demand for wrong availment of Input Tax Credit (contravening section 16(4)) are now eligible under later sub sections; the original ordering authority shall decide and issue a rectified order within three months and upload summaries in FORM GST DRC 08 or FORM GST APL 04 as applicable, with natural justice to be observed where rectification adversely affects the applicant. Notifications GST - States Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142933