Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor.

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..... aluru-560009, Dated: 29-10-2018 COMMISSIONER OF COMMERCIAL TAXES CIRCULAR No. (GST) 09/2018-19 Subiect: Clarifications of issues under GST related to casual taxable person and recovery of excess Input Tax Credit distributed by an Input Service distributor - Reg. Representations have been received seeking clarification on certain issues under the GST laws. The same have been examined and the cla .....

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..... TC which might be available to such taxable person. 2. As per section 27 of the Karnataka Goods and Services Tax Act, 2017 (hereinafter referred to as the 'KGST Act'), period of operation by causal taxable person is ninety days with provision for extension of same by the proper officer for a further period not exceeding ninety days. Various representations have been received for further extensio .....

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..... g the manner of recovery of excess credit distributed by an Input Service Distributor (ISD) in contravention of the provisions contained in section 20 of the KGST Act. 1. According to Section 21 of the KGST Act where the ISD distributes the credit in contravention of the provisions contained in section 20 of the KGST Act resulting in excess distribution of credit to one or more recipients of cred .....

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