The Government of Uttar Pradesh on December 10, 2024, issued the Uttar Pradesh Goods and Services Tax (Amendment) Ordinance, 2024 to further amend the Uttar Pradesh Goods and Services Tax Act, 2017.
The following has been stated namely: -
• Section 11A which states “Power not to recover Goods and Services Tax not levied or short-levied as a result of general practice”
• Section 16 which states “Eligibility and conditions for taking input tax credit” the following sub-sections have been inserted namely: -
"(5) Notwithstanding anything contained in sub-section (4), in respect of an invoice or debit note for supply of goods or services or both pertaining to the Financial Years 2017-18, 2018-19, 2019-20 and 2020-21, the registered person shall be entitled to take input tax credit in any return under section 39 which is filed up to the thirtieth day of November, 2021.
(6) Where registration of a registered person is cancelled under section 29 and subsequently the cancellation of registration is revoked by any order, either under section 30 or pursuant to any order made by the Appellate Authority or the Appellate Tribunal or court and where availment of input tax credit in respect of an invoice or debit note was not restricted under sub-section (4) on the date of order of cancellation of registration, the said person shall be entitled to take the input tax credit in respect of such invoice or debit note for supply of goods or services or both, in a return under section 39“
• Section 74A which states “Determination of tax not paid or short paid or erroneuously refunded or input tax credit wrongly availed or utilized for any reason pertaining to Financial Year 2024-25 onward.”
[Notification No. 401(2)/LCCIX-V-1-2024-2-ka-21-2024]
