Quick Summary
The Central Board of Indirect Taxes and Customs has amended theCentral Goods and Services Tax Rules, 2017, and has released theCentral Goods and Services Tax (Amendment) Rules, 2021. Read the official announcement and the amendments made in the Rules below: [To be published in the Gazette of Indi
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FAQ :
These are amendments made by the Central Government to the Central Goods and Services Tax Rules, 2017, which came into effect upon their publication in the Official Gazette.
The rules came into force on the date of their publication in the Official Gazette.
A significant change is the insertion of sub-rule (6) into rule 59, which restricts registered persons from furnishing outward supply details in FORM GSTR-1 if they haven't filed their FORM GSTR-3B for preceding periods.
A registered person cannot furnish outward supply details if they haven't filed FORM GSTR-3B for the preceding two months (or the preceding tax period for quarterly filers), or if they are restricted from using more than 99% of their electronic credit ledger for tax liability.
The restrictions apply to furnishing details of outward supplies of goods or services or both under section 37 in FORM GSTR-1 or using the invoice furnishing facility.
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