The GST portal is introducing several new functionalities effective from July 2021. These updates include changes to the timelines for filing applications for the revocation of cancelled registrations, reverting to the original 90-day period. Additionally, taxpayers filing Form GSTR-10 will now see details of any late fees payable for previous delayed returns. A significant enhancement for UIN holders is the auto-population of inward supply data in Form GSTR-11 based on supplier filings of GSTR-1/5, simplifying refund claims.
Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021
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Sl. No
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Form/ Functionality
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Functionality released/ to be released for Taxpayers
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1
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Registration
Timelines for filing of Application for Revocation of Cancellation of Registration in Form GST REG-21
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The Government had extended the date for filing of various applications falling during the period from the 15th April, 2021 to 29th June, 2021, till 30th June, 2021.
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Timeline for filing of Application for Revocation of Cancellation of Registration, which was due on 15th of April 2021, had also been extended till 30th June 2021 on the GST Portal.
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Accordingly, these extensions have now ceased to be effective w.e.f. 1st July, 2021,
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Timelines for filing of application for revocation of cancellation is now changed to 90 days (as was earlier) on the GST Portal, from date of Order of Cancellation of Registration in Form GST REG-19.
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2
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Returns
Information regarding late fee payable provided in Form GSTR-10
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Taxpayers whose registration is cancelled, at the time of filing of last return in Form GSTR-10, will now be provided with details of late fee payable by them, for the delayed filing of any of the previous returns/ statements in a table, for their assistance in filing of said return by them.
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This information can be viewed by clicking on a hyperlink provided under the column “Late Fee Payable” in the online Form GSTR- 10.
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3
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Returns
Auto-population of data in Form GSTR-11 on basis of Forms GSTR-1 / 5 filed by their suppliers
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The UIN holders file details of their inward supplies in Form GSTR-11 on a quarterly basis. They can subsequently file for refund (if required) in Form GST RFD- 10, for the quarter, in which summary of the documents is auto-populated from their Form GSTR-11, in an editable mode
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Form GSTR-11 of the UIN holder would be generated with details of their inward supplies, on basis of Forms GSTR-1 / 5 filed by their suppliers, which will subsequently help them in filing their refund claims
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Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.
FAQ :
The timeline for filing an application for the revocation of a cancelled GST registration (Form GST REG-21) will revert to the original 90 days from the date of the cancellation order, effective from 1st July 2021.
Taxpayers filing Form GSTR-10 will now see a table detailing any late fees payable for delayed filing of previous returns or statements. This information can be accessed via a hyperlink under the 'Late Fee Payable' column.
Form GSTR-11 for UIN holders will now automatically populate with details of inward supplies based on the GSTR-1/5 filings made by their suppliers. This data will be editable and will assist in filing refund claims.
The extended dates for filing various applications that fell between 15th April 2021 and 29th June 2021 were valid until 30th June 2021. These extensions ceased to be effective from 1st July 2021.
CS Lalit Rajput
CAclubindia
