The Government of Jammu and Kashmir on August 22, 2022, issued a notification regarding certain modifications in various sections of the Jammu and Kashmir Goods and Service Tax Act, 2017, on the recommendations of the council.
The following modifications have been made:
• extends the time limit specified under sub-section (10) of section 73 for issuance of order under sub-section (9) of section 73 of the said Act, for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized, in respect of a tax period for the financial year 2017-18, up to September 30, 2023;
• excludes the period from March 01, 2020 to February 28, 2022 for computation of period of limitation under sub-section (10) of section 73 of the said Act for issuance of order under sub-section (9) of section 73 of the said Act, for recovery of erroneous refund;
• excludes the period from March 01, 2020 to February 28, 2022 for computation of period of limitation for filing refund application under section 54 or section 55 of the said Act.
This notification shall come into force from March 01, 2020.
[Notification No. S.O 401]
