Article contains summary of GST notifications and Orders issued by CBIC on 28th June 2019 to implement 35th GST Council meeting Recommendations which includes Extension of Due date of Various forms / Returns and amendment in GST Rules.
1. Due dates:
|Notification / Order||Return||Related to||Period||Due date|
|Notification No. 26/2019 – Central Tax Dated 28th June 2019||GSTR-7 -TDS||Tax deductors u/s 51||Oct’18-Jun’19||31-Aug-19|
|Notification No. 27/2019 – Central Tax Dated 28th June 2019||GSTR-1 -Quarterly||Persons with t/o < 1.5Crs||Jul’19-Sep’19||31-Oct-19|
|Notification No. 28/2019 – Central Tax Dated 28th June 2019||GSTR-1- Monthly||All||Jul’19-Sep’19||11th of following month|
|Notification No. 29/2019 – Central Tax Dated 28th June 2019||GSTR-3B- Monthly||All||Jul’19-Sep’19||20th of following month|
|Notification No. 32/2019 – Central Tax Dated 28th June 2019||ITC-04 -Quarterly||Persons having Job work||Jul’17-Jun’19||31-Aug-19|
|Order No. 6/2019-Central Tax Dated 28th June 2019||GSTR-9, 9A, 9B & 9C||All||Jul’17-Mar’18||31-Aug-19|
|Notification No. 30/2019 – Central Tax Dated 28th June 2019||Exemption from GSTR-9& 9C for a person register as OIDAR|
2. Amendments to Rules
|87(13)||Cash ledger||Regd. Person can transfer the balance in the cash ledger from one head to other head by filing FORM GST PMT-09.
Format for the same also notified.
a. If the cash was wrongly deposited in IGST, instead of CGST & SGST, the same can be transferred from IGST to CGST & SGSTb. Tax deposited as Interest can be shifted to Interest / tax..etc The effective date shall be notified.
|138(10)||E-way bills||1. Validity of E-way bill can be extended even after its expiry, but with in 8hrs
2. Additional time of one day for every 20km is extended to multimodal transport, including transport by Ship
|10A||Registration||For new registrations, if Bank account details were not provided at the time of registration, same shall be furnished within 45 days from the date of registration.|
|21||Cancellation of registration||If the bank account details are not updated within 45 days, then the reg.n can be cancelled by the proper officer.|
|32A||Valuation||Value of supply in cases where Kerala Flood Cess is applicable shall be the value arrived as per Sec’15.|
|46||Tax Invoice||Govt. may mandate to specify the QR code on the invoice.
(This is in relation to the E-invoicing, which the govt. is planning to introduce)
|49||Bill of Supply|
|66 & 67||TDS & TCS||Removed the reference to GSTR-2A / 4A.|
|87(9)||Removed the reference to GSTR-2.|
|91, 92 & 94||Refund processing||Various amendments made to change the words from Payment advice to Payment order.
Effective date shall be notified.
Changes for FORM GST RFD-05 were also notified.
|95A||Refund for Shops in Duty free area of International airports||Prescribed the process for claiming refund of accumulated credit.
FORM GST RFD- 10B should be filed.
|128, 129, 132 & 133||Anti profiteering||Procedural amendments and timelines prescribed|
|138E||E-way bills||For Composition dealers and 6% scheme dealers, the blocking of E-way bills shall be based on the quarterly statement i.e. FORM GST CMP-08.|
|62||Composition dealer-Return||New format of GSTR-4 _ Annual return for composition dealer has been notified.
This includes reporting of the invoice wise details of regd. & un regd. Procurements.
|GSTR-9||Instructions||Few instructions were amended.|
Source: Notifications issued by CBIC
Team JVK & Associates