GST Filing Relief: Extended Deadline for Certain Provisions
Regulatory Amendment:
The Government, acting on GST Council recommendations, amends Notification No. 76/2018–Central Tax dated December 31, 2018, under section 128 of CGST Act, 2017.
Extended Proviso Period:
Amendments specifically target the ninth and tenth provisos.
The original date of August 31, 2021, in these provisos is now revised to November 30, 2021.
Scope of Amendment:
The changes impact provisions detailed in the principal notification, bringing temporal relief.
Operational Implications:
Businesses gain an extended timeframe for compliance in line with the revised dates.
Underlying Council Recommendations:
The move aligns with GST Council suggestions for procedural adjustments.
Implementation Date:
The amendments come into effect immediately upon notification.
Previous Amendments:
Noteworthy to mention that the principal notification underwent changes earlier via Notification No. 19/2021–Central Tax on June 1, 2021.
This update provides businesses with additional time for adherence to specific provisions, demonstrating the government's responsiveness to evolving needs.