https://www.taxtmi.com/article/detailed?id=13869 The article contrasts GST measures that benefit taxpayers-retrospective clarification limiting interest on wrongly availed input tax credit to periods of utilization, waivers of interest and penalties for certain historical demands upon payment of tax, and an extension for availing input tax credit for a past period-with measures that give less: notifications and amendments that restrict relief by imposing fixed cutoff dates or filing conditions, and provisions that unduly limit the seamless flow of input tax credit. It calls for revisiting restrictive and retrospective changes that penalise reliance on prior law. en-us Fri, 21 Mar 2025 08:28:53 +0530 Fri, 21 Mar 2025 08:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13869 The article contrasts GST measures that benefit taxpayers-retrospective clarification limiting interest on wrongly availed input tax credit to periods of utilization, waivers of interest and penalties for certain historical demands upon payment of tax, and an extension for availing input tax credit for a past period-with measures that give less: notifications and amendments that restrict relief by imposing fixed cutoff dates or filing conditions, and provisions that unduly limit the seamless flow of input tax credit. It calls for revisiting restrictive and retrospective changes that penalise reliance on prior law. Articles Goods and Services Tax - GST Fri, 21 Mar 2025 08:28:53 +0530 https://www.taxtmi.com/article/detailed?id=13869