Belated input tax credit and interest for late GSTR-3B filing: retrospective amendment limited demand, interest liability sustained.
Case-Laws
GST
Prima facie determination on alleged violation of input tax credit conditions under Section 16(4) was negated by a retrospective statutory amendment inserting clarificatory provisions, and an earlier confirmed demand for 2018-19 was rectified by a subsequent order, leaving only a reduced demand. Separately, interest levied for belated tax pay
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