Amendment Introduction:
The government, using powers under section 148 of the CGST Act, 2017, has introduced amendments to the existing notification (No. 21/2019-Central Tax).
Notification No. 21/2019-Central Tax Amendment:
The recent changes modify the notification dated April 23, 2019, addressing specific provisions related to the GST Act.
Revised Deadline:
The second proviso in the third paragraph now stipulates a new deadline—July 31, 2021, replacing the earlier date of May 31, 2021.
Deemed Effective Date:
The amendment is deemed to have come into force starting May 31, 2021, ensuring retrospective applicability.
Authority Approval:
Issued by Rajeev Ranjan, Under Secretary to the Government of India, the amendment reflects the official recommendations of the Council.
Principal Notification Background:
The principal notification, No. 21/2019-Central Tax, dated April 23, 2019, was previously amended by notification No. 10/2021-Central Tax, dated May 1, 2021.
Council Recommendations Influence:
The changes are in line with the ongoing efforts to streamline GST provisions, incorporating Council recommendations to address practical challenges.
This amendment provides businesses with an extended timeframe for compliance, offering relief and acknowledging the evolving economic landscape.