Haryana Government removes difficulties regarding extension of due date for availing ITC on invoices or debit notes relating to such invoices issued during the FY 2017-18 till March 31st, 2019

Jan 04, 2019 | by Avantis RegTech Legal Research Team


The State Government of Haryana on January 01, 2019 has removed difficulties regarding giving effects to the provisions of sub-section (4) of section 16 which specifies the Eligibility and conditions for taking input tax credit and sub-section (3) of section 37 which specifies the provisions for Furnishing details of outward supplies.

The financial year 2017-18 was the first year of the implementation of the Goods and Services Tax in India and the taxpayers were still in the process of familiarising themselves with the new taxation system and due to lack of familiarity:

(i)                  The registered persons eligible to avail input tax credit could not claim the same in terms of provisions of section 16 because of missing invoices or debit notes referred to sub-section (4) within the stipulated time;

(ii)                The registered persons could not rectify the error or omission in terms of provisions of sub-section (3) of section 37 within the stipulated time.

As a result whereof certain difficulties have arisen in giving effects to the provisions of subsection (4) of section 16 and sub-section (3) of section 37;

Therefore, on recommendations of the Council, State Government of Haryana made the following Order, to remove the difficulties, namely:

·         In sub-section (4) of section 16 of the said Act, the following proviso shall be inserted, namely:

“Provided that the registered person shall be entitled to take input tax credit after the due date of furnishing of the return under section 39 which specifies the provisions for furnishing of returns for the month of September, 2018 till the due date of furnishing of the return under the said section for the month of March, 2019 in respect of any invoice or invoice relating to such debit note for supply of goods or services or both made during the financial year 2017-18, the details of which have been uploaded by the supplier under sub-section (1) of section 37 till the due date for furnishing the details under sub-section (1) of said section for the month of March, 2019.”.

·         In sub-section (3) of section 37 of the said Act, after the existing proviso, the following proviso shall be inserted, namely:

“Provided further that the rectification of error or omission in respect of the details furnished under sub-section (1) shall be allowed after furnishing of the return under section 39 for the month of September, 2018 till the due date for furnishing the details under subsection (1) for the month of March, 2019 or for the quarter January, 2019 to March, 2019.”.

[Order No. 02/GST-2]

 

URL: https://haryanatax.gov.in/HEX/appmanager/HexPortal/HaryanaExcise?JSESSIONID=h3PrcvtLlnnsh1GdQp79QPJn8p5wv1Trn8y9nZbdLvsyjHMwThvg!-1793729693&_nfpb=true&_pageLabel=HaryanaExcise_portal_page_71#wlp_HaryanaExcise_portal_page_71


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