Title and Commencement:
Central Goods and Services Tax (Fourth Amendment) Rules, 2021 enacted.
Effective from the date of publication in the Official Gazette.
Cancellation Order Modification:
Rule 23 amended.
Extended time period for responding to cancellation order, under the Commissioner's discretion.
Refund Claim Enhancements:
Rule 90 amended for refund claims.
Proviso added, excluding time from filing to deficiency communication from the two-year limit.
New sub-rules introduced allowing withdrawal of refund applications.
Refund Withholding and Release:
Rule 92 modified for refund withholding.
Option for release of withheld refund in Part B of FORM GST RFD-07 added.
Application for Revocation of Cancellation:
Amendments in FORM GST REG-21 instructions for revocation application submission.
Rule 138E Modification:
Change in wording for GST Rule 138E regarding the generation of e-way bills for outward goods movement.
Legal Authority:
These changes made under section 164 of the Central Goods and Services Tax Act, 2017.
The recent GST rule amendments aim to enhance efficiency, providing flexibility in response to cancellation, refining refund procedures, and easing the process for revocation applications.