Notification Update:
The recent amendment, G.S.R. (E), under Section 168 of the Central Goods and Services Tax Act, 2017, introduces changes to the filing deadline.
Notification No. 11/2021-Central Tax Amendment:
The amendment revises the filing deadline mentioned in Notification No. 11/2021-Central Tax, dated May 1, 2021.
Revised Deadline:
The original date of May 31, 2021, is replaced with a new deadline of June 30, 2021, offering businesses additional time for compliance.
Effective Retroactively:
The amendment is deemed effective from May 31, 2021, ensuring a seamless transition and acknowledging the practical challenges faced by businesses.
Authority Approval:
Issued by Rajeev Ranjan, Under Secretary to the Government of India, the amendment carries the approval of the Board.
Power Under Section 168:
The amendment is exercised under the powers conferred by Section 168 of the CGST Act, 2017, and sub-rule (3) of rule 45 of the CGST Rules, 2017.
Principal Notification Background:
The principal notification, No. 11/2021-Central Tax, dated May 1, 2021, was initially published to provide specific relaxations.
This amendment aligns with the ongoing efforts to adapt GST regulations to the dynamic business environment, offering practical solutions for taxpayers.