CBIC issues notice of Extension of requirement of Health Certificate for Imported Food Consignments
he CBIC has drawn attention to the FSSAI order dated 3rd August, 2022 that required an FBO importing Milk & Milk products, Fish & Fish products, and Pork & Pork Products to obtain a Health Certificate. The CBIC has also stated that by an order dated 24th February, 2023, FSSAI has deferred the implementation of this requirement until further orders.
CBIC revises tariff rates of Oils, Precious Metals and Areca nuts
These rates had last been revised on 15th February, 2013. By virtue of the present notification, most of the tariff values of specified imported goods have increased slightly. These goods include crude palm oil, refined, bleached and deodorised (RBD) palm oil, crude palmolein, etc.
Proposals of 49th Meeting of the GST Council
The Council has also recommended that an amnesty may be provided in the past cases, where registration has been cancelled on account of non-filing of the returns, but
application for revocation of cancellation of registration could not be filed within the time specified in section 30 of CGST Act, by allowing such persons to file such application for revocation by a specified date, subject to certain conditions.
CBIC amends its Circular on Centralised Antecedent Verification of warehouse licence applicants
The CBIC has noted that the cases of centralised system of antecedent verification are facing unreasonable delays in certain field formations. Hence, it has inserted a clause in it Circular stipulating that “…antecedent verification must be completed within 45 days from the receipt of the application.”
CBIC amends its Circular to include details of Ex-bond Bill of Entry or Shipping Bill in Form A
CBIC by its previous circular had issued ‘Form A’ for capturing details relating to receipts, handling, storage and removal of warehoused goods. Form A has been amended by inserting a new column, i.e. Column No. 25A titled ‘Ex-bond Bill of Entry No. and dare/ Shipping Bill No. and date’
Delhi Goods and Services Tax (Fourth Amendment) Rules, 2022
The amendment has deleted the provisions governing constitution, appointment, tenure, functions, and duties of the National Anti-profiteering Authority.
Govt. of Delhi notifies the manner of filing an application for refund by unregistered persons
A new functionality has been made available on the common portal which allows unregistered persons to take a temporary registration and apply for a refund under the category ‘Refund for Unregistered person’’.
Delhi Goods and Services Tax (Third Amendment) Rules, 2022
The Amendment Rules seek to revise instruction relating to FORM GSTR-9. GSTR-9 (annual returns) is now amended to mention the period after the FY 2021-22 as ‘April 2022 to October 2022 filed up to 30th November 2022’ instead of ‘April 2022 to September 2022’ in various tables.
CBIC Introduces Negative Values in Table 4 of GSTR-3B
In case the value of credit notes becomes higher than sum of invoices and debit notes put together, then the net ITC would become negative and the taxpayers will be allowed to report negative values in Table-4A. Also, taxpayers can now enter negative values in Table 4D(2) of GSTR-3B.
Bihar Goods and Services Tax (Fifth Amendment) Rules, 2022
Where input tax credit has been availed by a registered person in the return in FORM GSTR-3B for a tax period in respect of such invoice or debit note, the details of which have been furnished by the supplier in the statement of outward supplies in FORM GSTR-1 or using the invoice furnishing facility, but the return in FORM GSTR-3B for the tax period corresponding to the said statement of outward supplies has not been furnished by such supplier till the 30th day of September following the end of financial year in which the input tax credit in respect of such invoice or debit note has been availed, the said amount of input tax credit shall be reversed by the said registered person, while furnishing a return in FORM GSTR-3B on or before the 30th day of November following the end of such financial year
