1. AMENDMENTS UNDER SECTION 16(4) : HON’BLE SUPREME COURT – SAFARI RETREAT CASE: SECTION 16(4) IS VALID AND GOVERNMENT HAS POWER TO IMPOSE RESTRICTIONS ON ITC.
2. SECTION 16(5) :THE DUE DATE TO AVAIL THE ITC FOR FY 2017-18 TO 2020-21 IS 30NOV,2021.
3. SECTION16(6): WHERE REGISTERATION OF A REGISTERED PERSON IS CANCELLED UNDER SECTION 29 AND SUBSEQUENTLY THE CANCELLATION OF REGISTERATION IS REVOKED , THE SAID PERSON SHALL BE ENTITLED TO TAKE THE INPUT TAX CREDIT –
a. UPTO 30TH DAY OF NOVEMBER FOLLOWING THE FINANCIAL YEAR OR ANNUAL RETURN WHICHEVER IS EARLIER
b. WITHIN THIRTY DAYS FROM THE DATE OF ORDER OF REVOCATION OF CANCELLATION OF REGISTERATION FOR ALL THE RETURNS PENDING FROM THE DATE OF CANCELLATION TILL REVOCATION OF REGISTERATION.
4. SECTION 128A: RELIEF FROM INTEREST AND PENALTY.
5. PROCEDURE AND FORMS USED :
FORM SPL-01/02: FILED BY TAXPAYER
FORM SPL-03 : QUERY RAISED BY THE OFFICER
FORM SPL-04: REPLY OF QUERY BY TAXPAYER
FORM SPL-05: REPLY ACCEPTED BY GSTO
FORM SPL-07: REPLY REJECTED BY GSTO
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