In line with the 54th GST Councilโs recommendations, the Central Government has introduced a new functionality for rectifying orders related to the incorrect availment of Input Tax Credit (ITC). As per Notification No. 22/2024-CT, dated October 8, 2024, taxpayers can now apply for rectification under the newly added sub-sections (5) and (6) of Section 16 of the CGST Act. This update specifically addresses non-compliance with sub-section (4) of Section 16. The GST Portal now facilitates this process through a dedicated feature under User Services > My Applications, where taxpayers can select โApplication for Rectification of Orderโ and submit their requests. This move aims to streamline compliance and provide relief to affected businesses.
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Notification Reference: GSTN
Notice No. 22/2024-CT, date.08/10/24,2024.
(07/01/2025)