GST Rule Amendment: Companies Get Extended Filing Window
New Amendment Rules 2021:
The Central Goods and Services Tax (Second Amendment) Rules, 2021, introduced by the Government.
Extended Filing Window:
Rule 26(1) amended to include a proviso allowing companies registered under the Companies Act, 2013, to file GSTR-3B and GSTR-1 or use the invoice furnishing facility with EVC verification.
Validity Period:
Applicable during April 27, 2021, to May 31, 2021.
Companies Act, 2013 Compliance:
Registered entities under the Companies Act, 2013, benefit from the extended filing window.
Filing Flexibility:
Companies can use either GSTR-3B or GSTR-1 with EVC verification for enhanced convenience.
Operational Period:
Amendment rules come into effect upon publication in the Official Gazette.
Previous Amendments:
Original rules issued on June 19, 2017, and last amended on January 1, 2021.
Government amends GST rules, granting registered companies filing flexibility during April-May 2021, ensuring smoother compliance under the Companies Act, 2013.