More time allowed for 2021-22 input and credit allowances
A number of delays have been provided for by the Central Board of Indirect Taxes of India. These are extensions on claims for certain credits on Goods and Services Tax for the 2021-22 year.
- Reporting credit note in GST returns
- Submitting input credits to reduce liabilities
- Prior returns’ corrections
- Submitting outward supply reports
The current 1 October deadline was extended this week to 1 November 2022.
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