Gauhati High Court Holds Taxpayers Entitled to Rectify GSTR-1 Errors and Claim Input Tax Credit Under Amended CGST Act
The Gauhati High Court has ruled that taxpayers must be given an opportunity to explain mismatches between GSTR-1 and GSTR-3B returns, and are entitled to rectify bona fide errors. The Court also held that, following the insertion of Section 16(5) to the CGST Act, input tax credit can be claimed for returns filed up to November 30, 2021 for specified financial years.
