Bombay HC allows rectification of bonafide error in filing of Form GSTR-1

NRB Bearings Ltd. Vs Commissioner of State Tax (Bombay High Court) Introduction: The Bombay High Court recently deliberated on a petition seeking rectification of Form GSTR-1 for the fiscal year 2017-2018. The petitioner, NRB Bearings Ltd., pursued amendments to correct clerical errors and enable the availing of input tax credit (ITC) amounting to Rs. 64,36,188. Detailed Analysis: NRB Bearings Ltd. approached the jurisdictional officer to rectify invoice details in GSTR-1 for the period December 2019. During the process, the petitioner obtained confirmation from job workers, verifying non-avai...