Mandatory Compliance Requirement of filing ACTIVE (Company KYC) form ACTIVE-INC-22A
March 18, 2019
DUE DATE OF FILING ANNUAL RETURN FOR THE F.Y. 2018-19 EXTENDED
October 29, 2019Latest Notifications under GST and amendments in GST rules 29 June 2019
at
CBIC in its GST Council meeting held dated on 28 june 2019 has been amended various rules. The list of latest amended rules and related notification has been provided in this article.
| Notification / Order | Return | Related to | Period | Due date |
| Notification No. 6/2019 | GSTR-9, 9A, 9B & 9C | All | Jul’17-Mar’18 | 31-Aug-19 |
| Notification No. 26/2019 | GSTR-7 -TDS | Tax detectors u/s 51 | Oct’18-Jun’19 | 31-Aug-19 |
| Notification No. 27/2019 | GSTR-1 -Quarterly | Persons with t/o < 1.5Crs | Jul’19-Sep’19 | 31-Oct-19 |
| Notification No. 28/2019 | GSTR-1- Monthly | All | Jul’19-Sep’19 | 11th of following month |
| Notification No. 29/2019 | GSTR-3B- Monthly | All | Jul’19-Sep’19 | 20th of following month |
| Notification No. 30/2019 | Exemption from GSTR-9& 9C for a person register as OIDAR | |||
| Notification No. 32/2019 | ITC-04 -Quarterly | Persons having Job work | Jul’17-Jun’19 | 31-Aug-19 |
Notification No. 31/2019 – Dated 28 June 2019
| Rule | Related to | Changes |
| 87(13) | Cash ledger |
Now the Balance could be easily transferred in between Cash
ledger by simply filing GST PMT-09 form
Format notified. E.g.: In case where cash deposited in wrong head like in IGST instead of CGST & SGST the same can be transferred back also the tax deposited as Interest can be shifted to Interest/tax..etc |
| 138(10) | E way Bill | 1. E way Bill validity can be extended even after its expiry but within 8hrs 2. One day provided extra for every 20km is extended to multimodal transport, including transport by Ship |
| 10A | Registration | Bank account details has to be submitted within 45 DAYS if not submitted at the time of the New registration. |
| 21 | Cancellation of registration | Registration would be cancelled if the bank details were not updated within 45 days of getting registration Certificate |
| 32A | Valuation | Value of supply in cases where Kerala Flood Cess is applicable shall be the value arrived as per Sec’15. |
| 46 | Tax Invoice | If E Invoicing will be implemented (Under planning yet) QR code over invoices might become mandatory. |
| 49 | Bill of Supply | |
| 66 & 67 | TDS & TCS | Reference to GSTR-2A / 4A has been removed. |
| 87(9) | Reference to GSTR-2 has been removed. | |
| 91, 92 & 94 | Refund processing |
Various amendments made to change the words from Payment
advice to Payment order. Effective date shall be notified. Changes for FORM GST RFD-05 were also notified. |
| 95A | Refund for Shops in Duty free area of International airports |
Prescribed the process for claiming refund of accumulated
credit.
FORM GST RFD- 10B should be filed. Format for the same also notified. |
| 128, 129, 132 & 133 | Anti profiteering | Procedural amendments and timelines prescribed |
| 138E | E-way bills | For Composition dealers and 6% scheme dealers, the blocking of E-way bills shall be based on the quarterly statement i.e. FORM GST CMP-08. |
| 62 | Composition dealer-Return |
New format of GSTR-4 _ Annual return for composition dealer
has been notified. This includes reporting of the invoice wise details of regd. & un regd. Procurements. |
| GSTR-9 | Instructions | Few instructions were amended. |
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