Section 142 - Amendment of section 37. - Finance Act, 2023

Amendment of section 37. 142 . In section 37 of the Central Goods and Services Tax Act, after sub-section (4), the following sub-section shall be inserted, namely: (5) A registered person shall not be allowed to furnish the details of outward supplies under sub-section (1) for a tax period after the expiry of a period of three years from the due date of furnishing the said details: Provided that the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish the details of outward supplies for a tax period under sub-section (1), even after the expiry of the said period of three years from the due date of furnishing the said details. .