CBIC has notified Central Goods and Services Tax (Sixth Amendment) Rules, 2019 vide notification dated 9th October, 2019.
Following important amendments have been made to the CGST Rules, 2017:
- Only 20% input tax credit can be availed in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers in GSTR-1.
- Form GST DRC-01A has been inserted for intimation of tax ascertained by Proper Officer as payable in fraud and non-fraud cases.
- It is notified that a person shall not be required to furnish the return in FORM GSTR-3 where he is required to furnished a return in FORM GSTR-3B with effect from July 1, 2017.
- Communication to be issued to chargeable persons before the actual issuance of show cause notice.
- Due date of furnishing FORM GST TRAN-1 and FORM GST TRAN-2 has been extended to December 31, 2019 and January 31, 2020 respectively in respect of registered persons who could not submit the said declaration by the due date on account of technical difficulties on the common portal and in respect of whom the Council has made a recommendation for such extension.
Click here to read the Notification.
