Tuesday, 5 June 2018

Govt. allows provisional settlement of IGST funds through adjustment in subsequent period

Govt. amends Rule 11(3) of GST Settlement of Funds Rules 2017 to allow provisional settlement of any sum of IGST collected in a particular FY and remaining unsettled so far, through adjustment in subsequent month(s) / year(s) based on returns filed by taxpayers : Finance Ministry Notification 

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