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CBIC extends due date for filing annual return/ reconciliation statement and restricts ITC eligibility only to the extent of matched credit

In a series of notifications, the Central Board of Indirect Taxes and Customs has amended the Central Goods and Services Tax Rules, 2017 (CGST Rules) brining in the following key changes.

  • The due date for filing GSTR-9 (annual return) and GSTR-9C (self-certified reconciliation statement) for the financial year 2020-21 has been extended by 2 months i.e., from 31 December 2021 till 28 February 2022.
  • Rule 36(4) of CGST Rules has been amended to allow input tax credit (ITC) only on the invoice or debit note details of which has been furnished by the supplier in its GSTR-1 or using invoice furnishing facility (IFF) and such details have been communicated to the recipient in GSTR-2B.
  • With retrospective effect from 1 April 2021, where Unique Identification Number (UIN) is not mentioned in a tax invoice, the applicant has to submit attested copy of such invoice along with the refund application.
  • Rule 144A has been inserted to provide mechanism for recovery of penalty under section 129 of Central Goods and Services Tax Act, 2017 (CGST Act) by way sale of goods or conveyance detained or seized in transit. Suitable amendment has also been carried out in rule 154.
  • Form GST DRC-22A has been prescribed for filing objection against provisional attachment of property under section 83 of CGST Act.

Please refer to the relevant press releases here along with the notifications here.