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Taxation Tripura Ministry of Finance Tripura State Goods and Services Tax Act, 2017

Tripura State Goods and Services Tax (Amendment) Rules,2023

18-Sep-2023 | F. 1-11(91)-TAX/GST/2023(Part-II)

Government of Tripura has issued Tripura State Goods and Services Tax (Amendment) Rules,2023, effective from 4th August 2023.

Key Highlights:

1. Physical Verification of Business Premises: When the proper officer deems it necessary to physically verify a person's place of business after registration, they can conduct such verification. The verification report, along with supporting documents and photographs, must be uploaded in FORM GST REG-30 on the common portal within fifteen working days after the verification date.

2. Restrictions after Intimation of Excess Input Tax Credit: A registered person who receives an intimation on the common portal regarding excess input tax credit for a specific tax period cannot furnish details of outward supplies for a subsequent period (under section 37 in FORM GSTR-1 or using the invoice furnishing facility) unless they either pay the excess input tax credit amount specified in the intimation or provide an explanation for the remaining unpaid amount.

3. Dealing with Discrepancies in Input Tax Credit: In cases where the input tax credit claimed in the return (FORM GSTR-3B) exceeds the credit available as per the auto-generated statement in FORM GSTR-2B for the corresponding tax period(s), the registered person will need to address this difference. The specific percentage and recommended procedure for this will be determined by the Council.

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