Notification No. 40/2021
Date: December 29, 2021
Subject: Amendment to CGST Rules, 2017 relating to ITC, annual return due dates, recovery, provisional attachment, and forms.
Description:
Rule 36 is amended to restrict ITC strictly to invoices reflected in FORM GSTR-2B. Due date for annual return and reconciliation statement for FY 2020-21 is extended to 28 February 2022. New procedures are introduced for recovery, auction of goods, provisional attachment, and corresponding GST forms.
Effective Date:
29 December 2021 (major provisions effective from 1 January 2022)
Other Notifications
14/2020
This notification mandates that registered persons having aggregate turnover exc...
Read More