Extension of Time Limit for Input Tax Credit Declaration: Important Notice

The Commissioner, acting under section 168 of the Central Goods and Services Tax Act, 2017, extends the time limit for declaration.

Registered persons eligible for input tax credit during July, August, and September 2017 can submit FORM GST ITC-01. This declaration confirms eligibility to avail input tax credit under section 18(1) of the Act.

The extended deadline for submission is until October 31, 2017. Dr. Sree Parvathy S.L., Under Secretary to the Government of India, issues the notification.

Businesses must adhere to the extended deadline to ensure compliance with input tax credit regulations. Failure to submit the declaration within the specified timeframe may result in non-eligibility for input tax credit benefits.