Rule 70 CGST Rules 2017
Summary of Rule 70 CGST Rules 2017
( Rule 70 CGST Rules 2017 explains Final acceptance of input tax credit and communication thereof and is covered in Chapter VIII – Returns : Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2017, w.e.f. 1-7-2017.)
Rule 70 CGST Rules 2017
Final acceptance of input tax credit and communication thereof
70. (1) The final acceptance of claim of input tax credit in respect of any tax period, specified in sub-section (2) of section 42, shall be made available electronically to the registered person making such claim in FORM GST MIS-1 through the common portal.
(2) The claim of input tax credit in respect of any tax period which had been communicated as mismatched but is found to be matched after rectification by the supplier or recipient shall be finally accepted and made available electronically to the person making such claim in FORM GST MIS-1 through the common portal.
Also refer CBIC Website Click here
Related Topic on GST
Topic | Click Link |
GST Acts | Central GST Act and States GST Acts |
GST Rules | GST Rules |
GST Rates | GST Rates |
GST Notifications | GST Act Notifications |
GST Circulars | GST Circulars |
GST Press Release | GST Press Release |
GST Books | Best Books on GST in India |
GST Commentary | Topic wise Commentary on GST Act of India |
GST You Tube Channel | TaxHeal You Tube Channel |
GST Online Course | Join GST online Course |
GST History | GST History and Background Material |
Rule 70 CGST Rules 2017 , Print Rule 70 CGST Rules 2017, Rule 70 of CGST Rules 2017, Latest Rule 70 of CGST Rules 2017, updated Rule 70 of CGST Rules 2017,