Latest Notifications as issued by CBIC on dt. 26.12.2019

Notification No.74/2019-CT dt.26.12.19

This Notification shall come into force w.e.f. 19th December, 2019.

As per Notification

In Notification No.4/2018 CT dt. 23rd January, 2018, after second proviso (Second proviso inserted vide N.No.75/2018 CT dt. 31st December,2018), the following proviso shall be inserted, namely:–

“Provided also that amount of late fee payable u/s-47 shall stand waived for  registered persons, who failed to furnish the details of outward supplies in FORM GSTR-1 for the months/quarters from July, 2017 to November, 2019 by due date but furnishes the said details in FORM GSTR-1 between the period from 19th December, 2019 to 10th January, 2020.”

Notification No. 75/2019 - CT dt.26.12.19

As per Notification

Through this notification Central Government, on the recommendations of the Council, hereby makes the following rules further to amend the CGST Rules, 2017-

1.These rules may be called “CGST (Ninth Amendment) Rules, 2019”.

2. In Rule-36(4), for the figures and words “20 per cent.”, the figures and words “10 per cent.” be substituted w.e.f. 1st January, 2020.

3. After Rule-86, the following Rule-86A shall be inserted -

Rule-86A Conditions of use of amount available in Electronic credit ledger -

Commissioner/an officer, not below the rank of an Assistant Commissioner, having reasons to believe that ITC available in Electronic credit ledger has been fraudulently availed or is ineligible in as much as-

ITC has been availed on the strength of tax invoices/debit notes/any other document prescribed under Rule-36-

• Issued by a registered person, who has been found non-existent or not to be conducting any business from any place for which registration has been obtained; or
• without receipt of goods/services or both; or

ITC has been availed on the strength of tax invoices/debit notes/any other document prescribed under Rule-36 in respect of any supply, the tax charged in respect of which has not been paid to Government; or

Registered person availing ITC has been found non-existent or not to be conducting any business from any place for which registration has been obtained; or

Registered person availing any ITC is not in possession of a tax invoice/debit note/any other document prescribed under Rule-36,

may, for reasons to be recorded in writing, not allow debit of an amount equivalent to such credit in Electronic credit ledger for discharge of any liability u/s-49 or for claim of any refund of any unutilized amount.

(2) Commissioner/officer authorised by him may, upon being satisfied that conditions for disallowing debit of Electronic credit ledger as above, no longer exist, allow such debit.

(3)Such restriction shall cease to have effect after the expiry of a period of one year from the date of imposing such restriction.”.

4. In Rule-138E, after clause-(b), the following clause-(c) shall be inserted w.e.f.11th January, 2020 -

“(c) being a person other than a person specified in clause (a), has not furnished the statement of outward supplies for any two months or quarters, as the case may be.”

Notification No. 76/2019 - CT dt.26.12.2019

This notification shall be come into force from 11th December, 2019.

As per Notification

Commissioner, on the recommendations of Council, hereby makes the following further amendment in Notification No.46/2019 CT dt. 9th October,2019 –

In the said notification, in the first paragraph, after the proviso, the following proviso shall be inserted -

According to Proviso, registered persons, whose principal place of business is in State of Assam, Manipur or Tripura, the time limit for furnishing the details of outward supplies in FORM GSTR-1, for the month of November, 2019, having aggregate turnover of more than 1.5 crore rupees in the preceding F.Y. or current F.Y., till 31st December, 2019.

Notification No. 77/2019 - CT dt.26.12.2019

This notification shall be come into force from 23rd December, 2019.

As per Notification

Commissioner, on the recommendations of the Council, hereby makes the following further amendment in Notification No.44/2019 CT dt. 09th October, 2019 -

In the first paragraph of the said notification, after second proviso, the following proviso shall be inserted-

“Provided also that the return in FORM GSTR-3B for the month of November, 2019 for registered persons, whose principal place of business is in State of Assam, Manipur, Meghalaya or Tripura, shall be furnished electronically through the common portal, on or before the 31st December, 2019.”

Notification No. 78/2019 - CT dt. 26.12.2019

This notification shall be come into force from 10th December, 2019.

As per Notification

Commissioner hereby makes the following further amendment in Notification No.26/2019 CT dt.28th June, 2019 -

In the said notification, in the first paragraph, after third proviso, the following proviso shall be inserted -

“Provided also that return by a registered person, required to deduct tax at source u/s-51 in FORM GSTR-7 u/s-39(3), for the month of November,2019, whose principal place of business is in State of Assam, Manipur or Tripura, shall be furnished, electronically, through common portal, on or before 25th December, 2019”

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