Quick Summary
The Central Board of Indirect Taxes and Customs has notified the Central Goods and Services Tax (Tenth Amendment) Rules on 29th December 2021, in order to make amendments to the Central Goods and Services Tax Rules, 2017. As such, under the amended rules: (i) in rule 36, for sub-rule (4), the following sub-rule shall be substituted, with effect from the 1st day of January, 2022, namely: (4) No input tax credit shall be availed by a registered person in respect of invoices or debit notes
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FAQ :
From January 1, 2022, a registered person can only claim ITC if the supplier has furnished invoice details in their GSTR-1 and these details have been communicated to the recipient in FORM GSTR-2B.
The annual return and the self-certified reconciliation statement for the financial year 2020-2021 are both due by 28th February 2022.
Yes, for refunds on invoices where the applicant's Unique Identity Number is not mentioned, a copy of the invoice, attested by the applicant's authorised representative, must be submitted with the refund application (FORM GST RFD-10). This is deemed effective from 1st April 2021.
From January 1, 2022, the time limit for responding to a notice under Section 129(3) regarding detention or seizure of goods and conveyance is seven days from the notice date, but before an order is issued.
The Central Board of Indirect Taxes and Customs (CBIC) has notified these amendments to the Central Goods and Services Tax Rules, 2017.
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