The CBIC vide Notification No. 13/2021- Central Tax dated May 01, 2021 issued Central Goods and Services Tax (Third Amendment) Rules, 2021 to amend Centra Goods and Services Tax Rules, 2017 (“CGST Rules”) in following manner:
- Inserted second proviso in Rule 36(4) of the CGST Rules to provide that the condition in Rule 36(4) ibid i.e., 105% of eligible visible ITC from Form GSTR-2B, is to be seen cumulatively for the period April and May, 2021.
- Inserted proviso in Rule 59(2) of the CGST Rules to provide that for dealers who have opted for quarterly filing of Form GSTR-1 and were eligible to file monthly B2B sales till 13th of succeeding month to pass on the ITC to the recipient using Invoice Furnishing Facility (“IFF”) can now furnish details using IFF for the month of April, 2021 till May 28, 2021.
The Notification can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2021/05/No.-13-2021-Central-Tax.pdf