(GSTmitra Series-2019-β€œ2”) πŸ“’ Notifications released on 31-Dec-2018 as recommended in 31st GST Council Meeting

β›³ NO need to furnish Bank Account at the time of New GST Registration.
🌴 Time limit extended to 31-Jan-2019 for tax payers who are not migrated in GST.
🌴 Time limit for GSTR-3B & GSTR-1 for newly migrated taxpayers extended to 31-Mar-2019.
🌴 Time limit for GSTR-3B & GSTR-1 for newly migrated taxpayers extended to 31-Mar-2019.
🌴 Exempt supplies made by Government Departments and PSUs to other Government Departments and vice-versa from TDS u/s 51.
🌴 Exempt supplies made by Government Departments and PSUs to other Government Departments and vice-versa from TDS u/s 51.

β›³ Rule 12(1A) of CGST Rules, 2017 – Grant of registration to persons required to deduct tax at source or to collect tax at source.
🌴 A person applying for registration to collect tax in accordance with the provisions of section 52, in a State/UT where he does not have a physical presence, shall mention the name of the State/UT in PART A of the application in FORM GST REG-07 and mention the name of the State/UT in PART B thereof in which the principal place of business is located which may be different from the State/UT mentioned in PART A.

β›³ Rule 45(3) of CGST Rules, 2017 – ITC-04 (Job Work).
🌴 The details of challans in respect of goods dispatched to a job worker or received from a job worker or sent from one job worker to another during a quarter shall be included in FORM GST ITC-04 furnished for that period.

β›³ Electronic Invoice.
🌴 β€œProvided also that the signature or digital signature of the supplier or his authorised representative shall not be required in the case of issuance of an
Rule 46 (Fifth Proviso) Tax Invoice electronic invoice
Rule 49 (Third Proviso) Bill of Supply electronic bill of supply
Rule 54 (2) [Banking/FI/NBFC] Consolidated Tax Invoice
Rule 54 (4) [Passenger Transportation Service] Ticket
in accordance with the provisions of the Information Technology Act, 2000.

β›³ Rule 109B of CGST Rules, 2017 – Notice to person and order of revisional authority in case of revision.
🌴 (1) Where the Revisional Authority decides to pass an order in revision under section 108 which is likely to affect the person adversely, the Revisional Authority shall serve on him a notice in FORM GST RVN-01 and shall give him a reasonable opportunity of being heard.
🌴 (2) The Revisional Authority shall, along with its order under section 108(1), issue a summary of the order in FORM GST APL-04 clearly indicating the final amount of demand confirmed.

β›³ Rule 138E of CGST Rules, 2017 – Restriction on furnishing of information in PART A of FORM GST EWB-01.
🌴 No person shall be allowed to furnish the information in PART A of FORM GST EWB-01 in respect of a registered person, whether as a supplier or a recipient, who has not furnished the returns for a consecutive period of 2 months.

β›³ Amendments in Forms RDF-01, RFD-01A, GSTR-9, 9A, 9C.
🌴 We will start a series specially on Annual Return and Audit under GST in due course.

β›³ Late Fees Waiver.
🌴 Form GSTR-3B, GSTR-1 & GSTR-4 Late Fee Waived for the tax period Jul-17 to Sep-18 if filed between 22-Dec-2018 to 31-Mar-2019.

Q. Those who filed their GSTR-1 till 21-Dec-2018, Can they amend it after 22-Dec-2018?
Q. What about the Late Fees paid by taxpayers upto 21-Dec-2018?

β›³ FORM GST ITC-04 (Job Work).
🌴 The due date for submitting FORM GST ITC-04 for the period July 2017 to December 2018 shall be extended till 31.03.2019

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