GST Notifications: Summary of Notifications issued on 31st March 2023

Amnesty to GSTR-4 non-filers for Composition Dealer

Notification No. 02/2023-Central Tax

Waiver of Late Fees payable on GSTR-4 u/s 47

•  Nil Return: No Late Fees
• Other: Late fee payable in excess of Rs. 500 (Rs. 250 (CGST) + Rs. 250 (SGST)) shall be waived
• Applicable on FORM GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22.
• Condition: Return to be furnished between 01/04/2023 – 30/06/2023

Extension of time limit for application for revocation of cancellation of registration

Notification No. 03/2023-Central Tax

GST Revocation

• Relevant for Taxpayer who’s GST registration has been cancelled on or before 31/12/2022
• Apply for revocation of cancellation of GST Number before 30/06/2023. No Futher Extension will be given
• Condition: File the pending returns along with applicable Tax, Interest, penalty and Late Fees
• Person whose is in appeal against the order of cancellation of registration can also apply
• Person who’s application of revocation has been rejected, on the ground that he failed to adhered the time limit specified u/s 30 can also apply

Amendment in CGST Rules

Notification No. 04/2023-Central Tax

Conditions for GST Registration

• Submission of GST Registration:

Earlier of,

1. Date of authentication of the Aadhaar number or

2. 15 days from submission of application in Part B of FORM GST REG-01

• Physical verification may be compulsory even after Aadhaar Authentication.

In sub-rule (4B) of Rule 8, for and words, “provisions of”, the words “proviso to”, shall be substituted.

Seeks to amend Notification No. 27/2022 dated 26.12.2022

Notification No. 05/2023-Central Tax

• Relevant for Taxpayers Applying GST Registration
• In sub-rule (4A) of Rule 8 for the words, “provisions of”, the words “proviso to” shall be substituted

Amnesty scheme for deemed withdrawal of assessment orders issued under Section 62

Notification No. 06/2023-Central Tax

Assessment order on Non-Fillers shall be deemed to have been withdrawn

• Conditions: Return is filed along with payment of Tax, Interest and Late Fees.
• Person whose is in appeal against the order can also apply
• Person whose appeal against the order has been decided can also apply

Rationalisation of late fee for GSTR-9 and Amnesty to GSTR-9 non-filers

Notification No. 07/2023-Central Tax

• Relevant for Taxpayers who have not filed GSTR-9 for FY 2017-18, 2018-19, 2019-20, 2020-21 or 2021-22
• GSTR-9 Late Fees Payable:
  • Upto Rs. 5 Cr: Rs. 50 per day, subject to a maximum of an amount calculated at 0.04% of turnover in the State or Union territory.
  • More than Rs. 5 cr to Rs. 25 Cr: Rs. 100 per day, subject to a maximum of an amount calculated at 0.04% of turnover in the State or Union territory.
• Condition: Return to be furnished between 01/04/2023 – 30/06/2023

Amnesty to GSTR-10 non-filers

Notification No. 08/2023-Central Tax

• Relevant for Taxpayer who’s GST registration has been cancelled
• Wavier of Late Fees on Form GSTR-10;
  • Late Fees in Excess of Rs. 1000 has been waived.
  • Condition: Return to be furnished between 01/04/2023 – 30/06/2023

Extension of limitation under Section 168A of CGST Act

Notification No. 09/2023-Central Tax

New Limit to issue order u/s 73(9)

(i) for FY 2017-18, upto 31/12/2023;
(ii) for FY 2018-19, upto 31/03/2024;
(iii) for FY 2019-20, upto 30/06/2024;

GST Notifications: Summary of Notifications issued on 31st March 2023