Missing column in GSTR 3B form leaves input claims a shaky edifice

Companies have hundreds of crores of rupees in input tax credit but they may still need to pay the goods and services tax ( GST ) for July and August in full, potentially disrupting working capital flows. That’s because the relevant GSTR 3B form doesn’t provide any column for carry-forward of credit from the earlier regime of central excise duty, service tax and valueadded tax. Companies will thus…