-Section 49(10) A Registered person may transfer any amount of tax, interest, penalty, fee or any other amount from ECL to ECL of distinct person under subsection (4) & (5) of section 25 and such transfer shall be deemed to be refund from ECL also provided that said registered person(transferrer) have no unpaid liability in his electronic liability register.

-Section 50(3) A registered person who has been wrongly availed and utilised ITC , shall pay interest @ 24% on such wrongly availed and utilised ITC.( Earlier it was wrongly availed whether or not utilised or excess reduction in output tax liability then the said registered person shall pay interest @ 24% on wrongly availed ITC)

NOTIFICATION NO. 10/2022–Central Tax

Section 44, The registered person whose aggregate turnover in the financial year 202122 is up to two crore rupees, shall exempts from filing annual return for the said financial year.

NOTIFICATION NO. 11/2022–Central Tax

The Time limit for filing FORM GST CMP-08 of the Central Goods and Services Tax Rules, 2017 has been extended for the quarter ending 30th June, 2022 till the 31st day of July, 2022

NOTIFICATION NO. 12/2022–Central Tax

The late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2021-22 under section 47 of the said Act shall stand waived for the period from the 1st day of May, 2022 till the 28th day of July, 2022.( earlier it was upto 30 June 2022.)

NOTIFICATION NO. 13/2022–Central Tax

Extends the time limit for issuance of order under sub-section (10) of section 73, for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized, for FY 2017-18, up to the 30th day of September, 2023
Excludes the period from 1^st march 2020 to 28^th 2022 for computation of time limit of issuance of order under section 73(10).
Excludes the period from 1^st march 2020 to 28^th 2022 for computation of time limit for filing refund application under section 54 and 55.

Summary of GST notification 09-2022 to 14-2022 central tax

NOTIFICATION NO. 14/2022–Central Tax

Amendment in rule 21A(4), where registration is suspended by proper officer due to not filing of returns, shall be deemed to be revoked upon furnishing of all pending returns.
Amendment in rule 46, where E-invoice is applicable on registered person but he is not issuing e-invoice in all cases then he have to give declaration in invoice as “E-invoice is applicable but not issuing e-invoice”.
Amendment in explanation of rule 43, where no need to reverse ITC on exempted supply of duty credit scrips.
Relaxation in GSTR-9 & 9C of FY 21-22 in line with FY 20-21.
Amendment in rule 21A(4), where registration is suspended by proper officer due to not filing of returns, shall be deemed to be revoked upon furnishing of all pending returns.
Amendment in rule 46, where E-invoice is applicable on registered person but he is not issuing e-invoice in all cases then he have to give declaration in invoice as “E-invoice is applicable but not issuing e-invoice”.
Amendment in explanation of rule 43, where no need to reverse ITC on exempted supply of duty credit scrips.
Relaxation in GSTR-9 & 9C of FY 21-22 in line with FY 20-21.
New rule 88B:- where is tax payable on outward supplies but tax late paid after the due date of returns under section 39 , then interest shall be calculate on part of output liability that shall be paid through cash ledger and all other cases where interest is payable according to section 50(1) then interest is payable on the amount of tax unpaid.
Some amendment in rule 89, specifying the application of refund for export of electricity contain specific detail and documents.
Amendment in rule 89(4),Value of export goods for refund shall be lower of FOB value declared in shipping bill and value declared in invoice.