9911796707
TMI BlogAmendment in Notification G.O.(P) No.79/2017/TAXES. dated 30th June, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... Extraordinary No. 1367 dated 30th June, 2017, namely:- RULES 1. Short title and commencement.- (1) These rules may be called the Kerala Goods and Services Tax (Seventh Amendment) Rules, 2021. (2) They shall be deemed to have come into force on the 1st day of August, 2021. 2. Amendment of the Rules.- In the Kerala Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), for rule 80, the following rule shall be substituted, namely: - "80. Annual return.- (1) Every registered person, other than those referred to in the second proviso to section 44, an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual ret ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd column, for the word and figures "and 2019-20" wherever they occur, the word and figures ", 2019-20 and 2020-21" shall be substituted; 3. in paragraph 5, in the Table, in second column, - (A) against serial number 6B, after the letters and figures "FY 2019-20", the letters, figures and word "and 2020-21" shall be inserted; (B) against serial numbers 6C and 6D, - (I) after the word, letters and figures "For FY 2019-20", the word and figures "and 2020-21" shall be inserted; (II) for the word and figures "and 2019-20", the figures and word ", 2019-20 and 2020-21" shall be substituted; (C) against serial number 6E, for the letters and figures "FY 2019-20", the letters, figures and word "FY 2019-20 and 2020-21" shall be substitute ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 18-19, 2019-20 and 2020-21" shall be substituted; (III) against serial number 13, - (1) after the words, letters and figures "reclaimed in FY 2020-21, the details of such ITC reclaimed shall be furnished in the annual return for FY 2020-21,", the following entry shall be inserted, namely: - "For FY 2020-21, details of ITC for goods or services received in the previous financial year but ITC for the same was availed in returns filed for the months of April 2021 to September 2021 shall be declared here. Table 4(A) of FORM GSTR-3B may be used for filling up these details. However, any ITC which was reversed in the FY 2020-21 as per second proviso to sub-section (2) of section 16 but was reclaimed in FY 2021-22, the details of such ITC re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng other statements, as applicable, including financial statement, profit and loss account and balance sheet, etc."; (iii) in the instructions, - (a) in paragraph 4, in the Table, in second column, for the figures and word "2018-19 and 2019-20" wherever they occur, the figures and word "2018-19, 2019-20 and 2020-21" shall be substituted; (b) in paragraph 6, in the Table, in second column, for the figures and word "2018-19 and 2019-20" wherever they occur, the figures and word "2018-19, 2019-20 and 2020-21" shall be substituted. (c) for paragraph 7, the following paragraph shall be substituted, namely, - "7. Part V consists of the additional liability to be discharged by the taxpayer due to non-reconciliation of turnover or non-reconcil ..... X X X X Extracts X X X X X X X X Extracts X X X X
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