Gist of GST notifications issued on 31st March 2023

Notification No. 02/2023 - Central Tax

• Late fees for belated filing of GSTR-4 for the quarters from July 2017 to March 2019 or for the financial years from 2019-20 to 2021-22 have been capped to Rs.500/-
• Also, shall stand completely waived where the Central Tax payable in the said return is nil.

Notification No. 03/2023 - Central Tax

• Special procedure for revocation of cancellation of registration.
• Cancelled on or before 31/12/2022 - To be applied within 30/06/2023.
• Revocation to be filed only after filing all returns along with payment of tax along with any amount payable towards interest, penalty and late fees in respect of such returns, up to the effective date of cancellation of registration.
• No further extension of time period for filing application.
• Also, an opportunity for persons whose appeal against the order of cancellation of registration or the order rejecting application for revocation of cancellation of registration has been rejected on the ground of failure to adhere to the time limit specified under the law for application of revocation.

Notification No. 04/2023 - Central Tax

• CGST (Amendment) Rules, 2023 - Effective from 26/12/2022.
• Sub-rule (4A) - Explains Authentication of Aadhaar during registration and the date of application in such cases would be the date of authentication of the Aadhaar number, or fifteen days from the submission of the application in Part B of FORM GST REG-01 under sub-rule (4), whichever is earlier.
• Biometric-based Aadhaar authentication and taking a photograph of the applicant is amended and inserted as a proviso to the said rule.

Notification No. 05/2023 - Central Tax

• Sub-rule (4B) amended giving effect to Sub-rule (4A) Proviso
• for and words - "provisions of", the words - "proviso to", shall be substituted"
• As of now, Biometric-based Aadhaar authentication and taking a photograph of the applicant along with the verification of the original copy of the documents to be uploaded with the application in FORM GST REG-01 through one of the notified Facilitation Centres is applicable only to the state of Gujarat. (As explained in No. 27/2022-Central Tax ).

Notification No. 06/2023 - Central Tax

• Order under section 62 - Best Judgement assessment by the proper officer passed on or before 28th February 2023, the said order shall be withdrawn if the registered person -
• furnishes the said return on or before 30/6/2023;
• and after payment of interest due under sub-section (1) of section 50 of the said Act and the late fee payable under section 47 of the said Act.
• Irrespective of whether or not an appeal had been filed against such assessment order or whether or not the appeal, if any, filed against the said assessment order has been decided.

Notification No. 07/2023 - Central Tax

• The late fees under section 47 has been capped at Rs.20,000/- for belated filing of Annual returns (GSTR-9) for Financial years 2017-2018 to 2021-2022, provided filed during the period 1st April' 2023 to 30th June' 2023.
• Late fee revision for F.Y 2022-23 onwards has been made to -