Latest GST Notification

Latest GST Notification

Latest GST Notification issued by CBIC which we discuss in this article

Latest GST Notification

A bunch of notifications has been issued on 05.07.2022 by the CBIC to give effect to some of the recommendations of the 47th GST Council Meeting held in Chandigarh on 29th & 30th June, 2022. Summary of the same is hereunder:

Notification No. 10/2022 – Central Tax has been issued to notify that the registered person whose aggregate turnover in the financial year 2021-22 is up to two crore rupees is exempted from filing annual return in FORM GSTR-9 for the said financial year.

Notification No. 11 /2022 – Central Tax has been issued to extend the due date or furnishing FORM CMP-08 for Q1 of F.Y 2022-23 from 18thJuly, 2022 to 31st July, 2022.

Notification No. 12/2022 – Central Tax has been issued to waive the late fees for furnishing FORM GSTR-4 for the F.Y 2021-22 till 28thJuly, 2022.

Notification No. 13/2022 – Central Tax has been issued retrospectively W.e.f 1stMarch, 2020 to extend certain timelines invoking Sec 168A of the CGST Act.

  • Time limit to issue order u/s 73 for F.Y 2017-18 has been extended to 30thSep, 2023.
  • Period from 1st March, 2020 t0 28th Feb, 2022 shall be excluded for computation of period of limitation under sub-section (10) of section 73 of the said Act for issuance of order under sub-section (9) of section 73 of the said Act, for recovery of erroneous refund.
  • Period from 1st March, 2020 t0 28th Feb, 2022 shall be excluded for computation of period of limitation for filing refund application under section 54 or section 55 of the said Act.

Notification No. 14/2022 – Central Tax has been issued to notify the Central Goods and Services Tax (Amendment) Rules, 2022. The key changes to come into effect are as follows:

  • Rule 21A has been amended to provide that where the registration has been suspended under sub-rule (2A) for contravention of the provisions contained in clause (b) or clause (c) of sub-section (2) of section 29 and the registration has not already been cancelled by the proper officer under rule 22, the suspension of registration shall be deemed to be revoked upon furnishing of all the pending returns.
  • Explanation 1 to Rule 43 has been amended to provide that value of supply of Duty Credit Scrips shall not be included for the purpose of reversal of common credits.
  • Rule 46 has been amended to include a declaration in the tax invoice by those taxpayers who are excluded from the purview of e-invoicing.
  • Sub-rule (4B) has been inserted in Rule 86 to provide for FORM PMT-03A for re-crediting the amount of erroneous refund paid back by the taxpayers. The format of the said form has also been notified.
  • Rule 87 has been amended to include the options of UPI and IMPS as an accepted mode of payment of GST.
  • Sub-rule (14) has been inserted in Rule 87 to provide for transfer of any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under the Act to the electronic cash ledger for central tax or integrated tax of a distinct person as specified in sub-section (4) or, as the case may be, sub-section (5) of section 25, in FORM GST PMT-09.
  • Rule 88B has been inserted retrospectively W.e.f 1st July, 2017 to provide for the manner of calculation of interest as per Sec 50. Rule 89(1) has been amended to provide that “specified officer” means a “specified officer” or an “authorised officer” as defined under rule 2 of the Special Economic Zone Rules, 2006.’
  • Rule 89(2) has been amended to provide for documentary evidences in cases of refund on account of export of electricity.
  • Explanation has been added in Rule 89(4) to provide that the value of goods exported out of India shall be the FOB value as per shipping bill, or the value declared in tax invoice/Bill of supply, whichever is less.
  • Rule 89(5) has been amended to provide for a revised formula in cases of refund in inverted duty structure. The said amendment is on the lines of observation made by SC in the case of VKC Footsteps.
  • Rule 95A relating to Refund of taxes to the retail outlets established in departure area of an International Airport beyond immigration counters making tax free supply to an outgoing international tourist has been omitted W.e.f 1st July, 2019.
  • Rule 96 has been amended retrospectively W.e.f 1st July, 2017 to provide for refund withheld in cases of risky exporters. Such refund claims shall be transmitted online to the proper officer in FORM GST RFD-01 and shall be processed by the relevant P.O

FORM GSTR-3B has been amended to provide for the following changes:

  • Details of supplies on which tax is paid by E-Commerce Operator u/s 9(5) of the CGST Act are to be shown separately.
  • Reversal as per Rules 38,42 & 43 and Sec 17(5) to be shown separately.
  • “Other details” table now to include “ITC reclaimed which was reversed under Table 4(B)(2) in earlier tax period” and “Ineligible ITC under section 16(4) and ITC restricted due to PoS provisions”

FORM GSTR-9 and GSTR-9C have been notified for the F.Y 2021-22 with following changes:

  • The registered person shall report Non-GST supply (5F) separately and shall have an option to either separately report his supplies as exempted and nil rated supply or report consolidated information for these two heads in the “exempted” row only.
  • It shall be mandatory to report in Table 17, HSN code at six digits level for taxpayers having annual turnover in the preceding year above ₹00 Cr and at four digits level for all B2B supplies for taxpayers having annual turnover in the preceding year up to ₹ 5.00 Cr.
  • FORM GST PMT-06, PMT-07, PMT-09, & RFD-01 have been changed to incorporate the above-mentioned changes.


Don't forget to share this article :-

Stay Updated With Our Blogs!

Explore more of our blogs to have better clarity and understanding
of the latest corporate & business updates.

Why People Choose Our Services ?

Free Legal Advice

We provide free of cost consultation and legal advice to our clients.

Tech Driven Platform

All our services are online no need you to travel from your place to get our services.

Grow your business

Experts Team

We are a team of more than 15+ professionals with 11 years of experience.

Transparent pricing

There are no hidden & extra charges* other than the quote/invoice we provide.

100 % Client Satisfaction

We aim that all our customers are fully satisfied with our services.

On-Time Delivery

We value your time and we promise all our services are delivered on time.

Why Trust legal Suvidha?

People Who loved our services and what they feel.

In this Journey of the past 10+ years, we had gained the trust of many startups, businesses, and professionals in India and stand with a 4.9/5 rating in google reviews.We register business online and save time & paperwork.

Reno K Subramaniam
Reno K Subramaniam
I have recently registered a Private Limited firm and was looking for a CA to take care of the filings, Startup India Certificate, and other formalities. I have received emails from legal Suvidha and a few others. I tried talking to them all. But, Mr. Mayank from Legal Suvidha was very impressive and was patient enough, prompt to answer all the queries. He has a very professional team and after the initial formalities, I started interacting with the team. It's not even 2 weeks but I really feel overwhelmed by their service and professionalism. I received my startup India certificate yesterday and my filings have been done promptly. The team at legal suvidha Ms. Nidhi, Ms. Priyanka, Ms. Koshika, and Ms. Saloni all show the same professionalism and are readily available to take care of the official filings and stuff. Overall a great experience till now and looking forward to a great journey!
pankaj tiwari
pankaj tiwari
Legal suvidha is a team of genuine and experienced professionals who give you best services according to your profile
Raman Krishnan
Raman Krishnan
Saloni from legalsuvidha has done a excellent job for filling and geting certificate of DPIIT. Thanks to legalsuvidha.
Prakaash Hari
Prakaash Hari
Team Legal Suvidha offers a brilliant service. There communication is quite clear and they execute the job meticulously. We are a startup private limited company and their advice is so critical in making my decision. Well done team. Keep it up. Prakaash Hari, Director, ipixela.
Priyanka Rudra
Priyanka Rudra
Dedicated team and fast response
Dr. Vishal Ghag
Dr. Vishal Ghag
Been using their services since 3 years now and I am absolutely happy with Legal Suvidha. They have been supportive, understanding and highly skilled at helping me with my business needs.

Our Partnerships & Collaborations

Contact us and grow your business

Legal Suvidha App

Now all Professional Services in a Single Click !

Now get all the services required for your business in a single app.

Subscribe to our newsletter & grow your business

Subscribe To Our Newsletter .

Sign up to receive email updates on new product announcements, special promotions, sales & more.