The Government of Himachal Pradesh has issued the Himachal Pradesh Goods and Services Tax (Amendment) Bill, 2023. The Bill seeks to further amend the Himachal Pradesh Goods and Services Tax Act, 2017. The Bill was issued on 5th January, 2023.
The Amendment Act amongst others, provides for the following changes:
• In relation to “Eligibility and conditions for taking input tax credit”:
No registered person shall be entitled to the credit of any input tax in respect of any supply of goods or services or both to him unless the details of input tax credit in respect of the supply communicated to a such registered person has not been restricted
(b) in sub-section (4), for the words and figures “due date of furnishing of the return under section 39 for the month of September”, the words “thirtieth day of November” shall be substituted.
A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the 30th of November following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever is earlier.
Previously, a person was not entitled to input tax credit in respect of any invoice or debit note for supply of goods or services or both after due date for input tax credit was previously due date of furnishing of the return under section 39 for the month of September
In relation to ‘Credit and debit notes’, the last date for declaration of credit note has been extended from the month of September to the 30th of November. Hence, any registered person who issues a credit note in relation to a supply of goods or services or both shall declare the details of such credit note in the return for the month during which such credit note has been issued but not later than September following the end of the financial year in which such supply was made, or the date of furnishing of the relevant annual return, whichever is earlier.