GST Amnesty Scheme 2021&Late Fee Relaxations
GST Amnesty Scheme 2021&Late Fee Relaxations

The Finance Bill, 2021 has received president’s assent and is now, it is Finance Act, 2021.

Through this act, the government has notified section 16(2)(aa) of the CGST Act which says that ITC not reflecting in GSTR-2A will become ineligible to claim.

So be aware of this provision and reconcile accordingly.