The Department of Trade & Taxes, Government of N.C.T. of Delhi, has recently issued a crucial circular on 8th May, 2023, regarding the time-barring scrutiny of GST returns for Delhi taxpayers. This circular aims to inform taxpayers about the extended time limits specified under Section 73(10) of the CGST Act, 2017, for the issuance of orders under Section 73(9) concerning the recovery of unpaid taxes or incorrect utilization of input tax credit for the financial years 2017-18, 2018-19, and 2019-20.
The Central Board of Indirect Taxes & Customs (CBIC),has extended the time limits for issuing orders under Section 73(9) of the CGST Act, 2017. These time limits have been extended as follows:
Financial Year: 2017-18 Time limit for issuance of order under sub-section (9) of Section 73 of the act: Up to 31st December 2023
Financial Year: 2018-19 Time limit for issuance of order under sub-section (9) of Section 73 of the act: Up to 31st March 2024
Financial Year: 2019-20 Time limit for issuance of order under sub-section (9) of Section 73 of the act: Up to 30th June 2024
