The CBIC vide Notification No. 82/2020–Central Tax dated November 10, 2020, has amended/substituted and inserted the Central Goods and Services Tax Rules, 2017 (“CGST Rules”) as under:
- Rule 59 (Form and manner of furnishing details of outward supplies) – Substituted Rule 59 w.e.f. January 1, 2021, to provide as under:
- Invoice Furnishing Facility (IFF) introduced for quarterly GSTR- 1 filers for first and second months of a quarter for maximum up to a cumulative value of 50 lakh rupees in each of the months.
- IFF can be filed from 1st day of the month succeeding such month till the 13th day of the said month.
- The said details shall not be mentioned again in Form GSTR-1.
- The details to be furnished in IFF shall include:
(a) invoice wise details of inter-state and intra-state supplies made to the registered persons;
(b) debit and credit notes, if any, issued during the month for such invoices issued previously.
- Rule 60 (Form and manner of ascertaining details of inward supplies): Substituted Rule 60 e.f. January 1, 2021, to provide as under:
- The details of outward supplies furnished by the supplier in Form GSTR-1 or using the IFF shall be made available electronically to the concerned registered persons (recipients) in Part A of Form GSTR-2A/ GSTR-4A/ GSTR-6A.
- Details of invoices furnished by an Input Service Distributor (ISD) in his return in Form GSTR-6 shall be made available to the recipient of credit in Part B of Form GSTR-2A.
- Similarly, details of TDS/TCS deducted/collected in GSTR-7/8 shall be made available to the deductee in Part C of Form GSTR-2A.
- Details of IGST paid on the import of goods or goods brought in DTA from SEZ on a bill of entry shall be made available in Part D of Form GSTR-2A.
- An auto-drafted statement containing the details of input tax credit shall be made available to the registered person in Form GSTR-2B, for every month.
- Rule 61 (Form and manner of furnishing of returns): Inserted sub-rule (6) to Rule 61 w.e.f. November 10, 2020 which relates to filing of GSTR-3B Return for the months of October, 2020 to March, 2021.
- Rule 61 (Form and manner of furnishing of returns): Substituted Rule 61 w.e.f. January 1, 2021 which relates to filing of GSTR-3B Return – monthly and quarterly as per newly inserted scheme of quarterly return filing along with monthly payment of taxes (QRMP scheme). Also, Form PMT-06 is made available for quarterly GSTR-3B filers for payment of taxes, for each of the first two months of the quarter, by the 25th day of the month succeeding such month.
- Further, the balance in electronic cash ledger to be only utilized to discharge the liabilities of first and second month of the quarter.
- New Rule 61A (Manner of opting for furnishing quarterly return): New Rue 61A is inserted related to manner of opting for furnishing quarterly return (Form GSTR-3B) under proviso to Section 39(1) of the CGST Act, 2017 w.e.f. November 10, 2020.
- Rule 62 (Form and manner of submission of statement and return): Amended Rule 62 w.e.f. November 10, 2020, which can be read as under:
“(i) in sub-rule (1), the words, figures, letters and brackets “or paying tax by availing the benefit of notification of the Government of India, Ministry of Finance, Department of Revenue No. 02/2019–Central Tax (Rate), dated the 7th March, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.189 (E), dated the 7th March, 2019” shall be omitted;
(ii) in sub-rule (4), the words, figures, letters and brackets ―or by availing the benefit of notification of the Government of India, Ministry of Finance, Department of Revenue No. 02/2019– Central Tax (Rate), dated the 7th March, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.189 (E), dated the 7th March, 2019″ shall be omitted;
(iii) in the explanation to sub-rule (4), the words, figures, letters and brackets ―or opting for paying tax by availing the benefit of notification of the Government of India, Ministry of Finance, Department of Revenue No. 02/2019– Central Tax (Rate), dated the 7th March, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.189 (E), dated the 7th March, 2019.” shall be omitted;
(iv) sub-rule (6) shall be omitted.”
- Inserted new Instruction to filing of Form GSTR-1, in the Instructions which relates to mentioning of HSN code, which can be read as under:
“18. It will be mandatory to specify the number of digits of HSN code for goods or services that a class of registered persons shall be required to mention as may be specified in the notification issued from time to time under proviso to rule 46 of the said rules.”
- Notified new FORM-2B – Auto-drafted ITC Statement- under Rule 60(7) and provided the instructions for the same.
The Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-82-central-tax-english-2020.pdf