The CBIC vide Notification No. 52/2023 Central Tax dated October 26, 2023, has issued Central Goods and Services Tax (Fourth Amendment) Rules, 2023 to interalia amend FORM GSTR-08.
In FORM GSTR-08:
(a) Serial number 5 shall be omitted;
5. Details of interest
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(b) for serial number 7 and entries relating thereto, the following serial number and entries shall be substituted, namely :–
7. Interest, late fee payable and paid
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Description |
Amount payable | Amount paid |
| 1 | 2 |
3 |
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(I) Interest on account of TCS in respect of |
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| (a) Integrated tax |
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(b) Central Tax |
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| (c) State/UT Tax |
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(II) Late fee |
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| (a) Central tax |
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(b) State / UT tax |
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(c) for serial number 9 and entries relating thereto, the following serial number and entries shall be substituted, namely:
9. Debit entries in cash ledger for TCS, interest and late fee payment [to be populated after filing of statement]
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Description |
Tax | Interest | Late fee |
| 1 | 2 | 3 |
4 |
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(a) Integrated tax |
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| (b) Central Tax |
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(c) State/UT Tax |
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The changes will be made effective from October 26, 2023.
The Notification can be accessed at: https://egazette.gov.in/WriteReadData/2023/249702.pdf
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