The new return filing system shall be introduced on a trial basis from 01.04.2019 and on mandatory basis from 01.07.2019.
The due date OF FORM GSTR-9, FORM GSTR-9A GSTR-9C shall be Further Extended till 30.06.2019
- HSN code may be declared only for those inward supplies whose value independently accounts for 10% or more of the total value of inward supplies
- Additional payments, if any, required to be paid can be done through FORM GST DRC- 03 only in cash;
- ITC cannot be availed through FORM GSTR-9 &FORM GSTR-9C
The due date for furnishing FORM GSTR-8 by e-commerce operators for the months of October, November and December, 2018 shall be extended till 31.01.2019
The due date for submitting FORM GST ITC-04 for the period July 2017 to December 2018 shall be extended till 31.03.2019.
ITC in relation to invoices issued by the supplier during FY 2017-18 may be availed by the recipient till the due date for furnishing of FORM GSTR-3B for the month of March 2019, subject to specified conditions.
All the supporting documents/invoices in relation to a claim for refund in FORM GST
RFD-01A shall be uploaded electronically on the common portal at the time of filing of the refund application itself, thereby obviating the need for a taxpayer to physically
Visit a tax office for submission of a refund application. GSTN will enable this Functionality on the common portal shortly
The following types of refunds shall also be made available through FORM GST RFD- 01A:
- Refund on account of Assessment/Provisional Assessment/Appeal/Any Other Order
- Tax paid on an intra-State supply which is subsequently held to be inter-State supply and vice-versa;
- Excess payment of Tax
- Any other refund.
One more window for completion of migration process is being allowed. The due date for the taxpayers who did not file the complete FORM GST REG-26 but received only a Provisional ID till 31.12.2017 shall be extended till 31.01.2019.
Also, the due date for furnishing FORM GSTR-3B and FORM GSTR-1 for the period July, 2017 to February, 2019/quarters July, 2017 to December, 2018 by such taxpayers shall be extended till 31.03.2019.
Late fee shall be completely waived for all taxpayers in case FORM GSTR-1, FORM
GSTR-3B &FORM GSTR-4 for the months / quarters July, 2017 to September, 2018, are furnished after 22.12.2018 but on or before 31.03.2019.
Taxpayers who have not filed the returns for two consecutive tax periods shall be
restricted from generating e-way bills. This provision shall be made effective once
GSTN make available the required functionality.
Clarifications shall be issued on certain refund related matters like refund of ITC
accumulated on account of inverted duty structure, disbursal of refunds within the
stipulated time, time allowed for availment of ITC on invoices, refund of accumulated
ITC of compensation cess etc
Changes made by CGST (Amendment) Act, 2018, IGST (Amendment) Act, 2018, UTGST (Amendment) Act, 2018 and GST (Compensation to States) Amendment Act, 2018 and the corresponding changes in SGST Acts would be notified w.e.f. 01.02.2019 The requisite Notifications/Circulars for implementing the above recommendations of the GST Council shall be issued shortly.