GST Input Tax Credit availment relaxation due to Covid-19

Corona Relief provided to taxpayers by non-application of Rule 36(4) for seven tax period/months (Feb to August 2020)
Recently vide Notification No. 30/2020 – CT dated 03-04-2020 the following proviso has been inserted in Rule 36(4) which reads as under:
“Provided that the said condition shall apply cumulatively for the period February, March, April, May, June, July and August 2020 and the return in FORM GSTR-3B for the tax period September 2020 shall be furnished with the cumulative adjustment of the input tax credit for the said months in accordance with the condition above.”.
The above proviso is of much relief for the taxpayers in these difficult times wherein all are grappling with COVID-19 pandemic.
As a consequence of the above amendment, GST registered persons can avail full eligible input tax credit on the basis of their books viz invoice towards goods or services or both received for business purposes/taxable outward supplies, even if the same is not reflected in its GSTR 2A.

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