The Government of Bihar published the Bihar Goods and Services Tax (Amendment) Act, 2022 to further amend the Bihar Goods and Services Tax Act 2017. The Act was published on 4th January, 2023.
The Amendment Act will come into force on the date appointed by the State Government.
The Amendment Act amongst other, provides for the following:
• 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 Chapter IX of the Bihar Goods and Services Tax Act 2017 which states “Returns” sections 42, 43, and 43A shall be omitted.
