GST Notification 19/2022 | Seeks to make amendments (Second Amendment, 2022) to the CGST Rules, 2017

GST Notification 19/2022-Central Tax ,dt. 28-09-2022

Registration can be suspended by officer, if:
a. In case of composition dealer, Return of the financial year not filed beyond 3 months from the due date
b. In case of normal tax payer, such period as may be prescribed (earlier continuous period of Six Months)

GSTR 1 of the current tax period shall not be allowed to file if the GSTR 1 of the previous period is not furnished.

Introduction of section 38 in order to restrict input tax credit based on additional criteria

In Case of NRTP tax payer, due date for filing GSTR – 5 is reduced to 13th Day of Subsequent month (earlier it was 20th Day)

Section 42, 43 and 43 A along with relevant rules and applicable provisions in the Act has been omitted

Section 41 for claiming Input tax credit has been substituted wherein General provisions for claiming credit has been introduced.

In case of tax collector, late fees shall be levied if returns is not filed within the due date prescribed.

A specialised agency of the United Nations Organisation or any Multilateral Financial Institution and Organisation notified under the United Nations, Consulate or Embassy of foreign countries is entitled to claim refund before the expiry of two years from the last day of the quarter in which such supply was received. (Earlier it is 6 months)

Mandeep Kulkarni

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