GST Law Committee extends deadline to claim input tax credit by one week
PrintListen to this Article
0:00
0:00
In a major relief for some taxpayers registered under GST, the GST Law Committee has extended the deadline to claim input tax credit by one week.
So, now those taxpayers who are eligible for such refund will first have pay their tax dues - post adjustment of input tax credit by August 20, while calculating the tax dues, input - and then they can claim the input tax credit by August 28.
For this process, the GST network is also planning to release ITC Claim forms by August 21. To understand the implications of this extension #casansaar (Source - CNBC - TV18, MoneyControl)
So, now those taxpayers who are eligible for such refund will first have pay their tax dues - post adjustment of input tax credit by August 20, while calculating the tax dues, input - and then they can claim the input tax credit by August 28.
For this process, the GST network is also planning to release ITC Claim forms by August 21. To understand the implications of this extension #casansaar (Source - CNBC - TV18, MoneyControl)
Category : GST | Comments : 0 | Hits : 1538
In a significant judgment, the Bombay High Court has clarified that summons issued under the Central Goods and Services Tax (CGST) Act are meant strictly for inquiry and recording of statements, and c...
Please click on the link below to view the gross and net GST revenue collections for the month of Jan, 2026. https://tutorial.gst.gov.in/downloads/news/final_approved_monthly_gst_data_for_pub...
Jan 23rd, 2026 An advisory on reporting of taxable value and tax liability under RSP-based valuation in e-Invoice, e-Way Bill and GSTR-1 / GSTR-1A / IFF has been issued for the information ...
Comments