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GST - Highlights / Catch Notes

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Input Tax Credit (ITC) - Interest on excessive or wrongly ...


Amendment to Section 50(3) of GST Act: Interest on ITC Applicable Only When Wrongly Availed and Utilized. Effective July 5, 2022.

July 7, 2022

Act Rules     GST

Input Tax Credit (ITC) - Interest on excessive or wrongly availed and utilized - Retrospective amendment to sub-section (3) made effective as on 5-7-2022 - Section 50 of the CENTRAL GOODS AND SERVICES TAX ACT, 2017

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