Nilesh Mahajan
Quick Summary
APPLICABILITY OF EXTENDED TIMELINE FOR FY 2021-22
Notification No. 18/2022 - Central Tax, dated 28 Sept 2022, is effective from 01st Oct 2022, there is ambiguity over the applicability of the same to FY 2021-22, an immediate clarification from CBIC in this regard is awaited considering the fast-approaching due date for Sept 2022 month
FAQ :
The new extended deadline is the 30th of November of the next Financial Year.
Notification No. 18/2022 - Central Tax, dated 28th September 2022, extended these time limits.
This notification is effective from 1st October 2022.
Yes, there is ambiguity regarding the applicability of the extended timeline to FY 2021-22.
Clarification is awaited from the CBIC (Central Board of Indirect Taxes and Customs).
Clarification is needed urgently due to the fast-approaching due date for the September 2022 month.
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