Clarification relating to application of sub-rule (4) of rule 36 of the GGST Rules, 2017 for the months of February, 2020 to August, 2020

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..../S.168/B. 84 Subject: Clarification relating to application of sub-rule (4) of rule 36 of the GGST Rules, 2017 for the months of February, 2020 to August, 2020 Vide Circular No. 123/42/2019 - GST dated 11th November, 2019, various issues relating to implementation of sub-rule (4) of rule 36 of the Gujarat Goods and Services Tax Rules, 2017 (hereinafter referred to as the GGST Rules) relating....

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..... 3. To ensure uniformity in the implementation of the said provisions across the field formations, the Chief Commissioner of State tax, in exercise of the powers conferred under section 168 of the GGST Act hereby clarifies certain issues in succeeding paragraphs. 3.1 It is re-iterated that the clarifications issued earlier vide Circular No. 123/42/2019 - GST dated 11.11.2019 shall still rem....

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....he said months in FORM GSTR-3B should not exceed 110% of the cumulative value of the eligible credit available in respect of invoices or debit notes the details of which have been uploaded by the suppliers under sub-section (1) of section 37 of the GGST Act, till the due date of furnishing of the statements in FORM GSTR-1 for the month of September, 2020. 3.3 It may be noted that availability o....

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....during the month of September, 2020. 4. The manner of cumulative reconciliation for the said months in terms of proviso to sub-rule (4) of rule 36 of the GGST Rules is explained by way of illustration, in a tabulated form, below. Table I Tax period Eligible ITC as per the provisions of Chapter V of the GGST Act and the rules made there under, except rule 36(4) ITC availed by the tax....