Quick Summary
Sub: Enabling filing of Application for Rectification as per Notn. 22/2024-CT, dtd. 08/10/24, 2024 The Central Government, on the recommendations of the 54th GST Council, had issued Notification No. 22/2024 - CT dated 08.10.2024and notified that any registered person against whom any order confirming demand for wrong availment of ITC, on account of contravention of provisions of sub-section (4) of section 16 of the said Act had been issued, but where such ITC is now available as per the recen
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The GST portal now allows taxpayers to file applications for rectification of demand orders issued under sections 73/74, specifically for cases of wrong availment of Input Tax Credit (ITC).
Registered persons who have received an order confirming a demand for wrong ITC availment due to contravention of Section 16(4), but where such ITC is now available under Sections 16(5) or 16(6), can file this application.
After logging in, taxpayers should navigate to 'Services > User Services > My Applications', select 'Application for rectification of order' as the Application Type, and click 'NEW APPLICATION'.
Yes, a proforma in Annexure A (in word format) needs to be downloaded from the portal, filled with the relevant details, and uploaded while filing the rectification application.
A detailed step-by-step process guide is available via a hyperlink on the GST portal, which can be accessed at https://tutorial.gst.gov.in/downloads/news/step_by_step_process_filing_rectification_application.pdf.
CAclubindia
