SIMPLIFICATION OF GST INPUT TAX CREDIT

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

LOK SABHA

UNSTARRED QUESTION No. 3164

TO BE ANSWERE ON MONDAY, MARCH 20, 2023/PHALGUNA 29, 1944 (SAKA)

SIMPLIFICATION OF GST INPUT TAX CREDIT

3164, Dr. Chandra Sen Jadon:

Shri Vinayak Raut;

Shri Sanjay Jadhav,

Will the Minister of FINANCE be pleased to state:-

(a) whether the Government proposes to simplify and streamline GST input tax credit paid on purchases in the GST law;

(b) if so, the details the modalities thereof and if not, the reasons therefore;

(c) whether many merchant establishments were unable to give details of their sales in the years 2017-18 and 2018-19 due to ignorance of GST law, lack of information and technical glitches in the portal and if so, the details thereof and the reaction of the Government thereto;

(d) whether the Government has taken any immediate steps for the convenience of the said establishments and dealers who claimed Input Tax Credit (ITC) on the basis of their own accounts and bills and if so, the details thereof;

(e) whether sustained pressure is being allegedly created on the taxpayers by giving online ITC mismatch information and if so, the details thereof and the reaction of the Government thereto; and

(f) the reasons for not giving ITC on the basis of the ledger accounts and bills and the steps taken by the Government to rectify aforesaid petty omissions and errors?

ANSWER

THE MINISTER OF STATE FOR FANANCE

(SHRI PANKAJ CHAUDHARY)

(a & (b) Government, as per recommendations of GST Council, taken a member of measures to simplify and streamline availment of input tax credit by the registered persons under GST.