9911796707
TMI BlogSeeks to make amendments (First Amendment, 2022) to the WBGST Rules, 2017 which inter alia Seeks to amend rule 21A to provide for automatic revocation of suspension of registration upon furnishing of all the pending returns, rule 87 to provide for payment through UPI and IMPS, rules 89 and 96 relating to procedure for application for refund, return Form GSTR-3B etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... e with effect from the 5th day of July, 2022. 2. In the West Bengal Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), in rule 21A, in sub-rule (4), after the proviso, the following proviso shall be inserted, namely: "Provided further that where the registration has been suspended under sub-rule (2A) for contravention of the provisions contained in clause (b) or clause (c) of sub-section (2) of section 29 and the registration has not already been cancelled by the proper officer under rule 22, the suspension of registration shall be deemed to be revoked upon furnishing of all the pending returns."; 3. In the said rules, in Explanation 1 to rule 43, after clause (c), the following clause shall be inserted, namely: - "(d) the value of supply of Duty Credit Scrips specified in this Department notification No. 1799-F.T., dated the 13th October, 2017, published in the Kolkata Gazette, Extraordinary, Part I."; 4. In the said rules, in rule 46, after clause (r), the following clause shall be inserted, namely:- '(s) a declaration as below, that invoice is not required to be issued in the manner specified under sub-rule (4) of rule 48, in all cases where ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eduled energy for exported electricity by Generation Plants issued by the Regional Power Committee Secretariat as a part of the Regional Energy Account (REA) under clause (nnn) of sub-regulation 1 of Regulation 2 of the Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2010 and the copy of agreement detailing the tariff per unit, in case where refund is on account of export of electricity;"; (c) in sub-rule (4), the following Explanation shall be inserted, namely:- "Explanation. - For the purposes of this sub-rule, the value of goods exported out of India shall be taken as- (i) the Free on Board (FOB) value declared in the Shipping Bill or Bill of Export form, as the case may be, as per the Shipping Bill and Bill of Export (Forms) Regulations, 2017; or (ii) the value declared in tax invoice or bill of supply, whichever is less."; (d) in sub-rule (5), for the words "tax payable on such inverted rated supply of goods and services", the brackets, words and letters "{tax payable on such inverted rated supply of goods and services × (Net ITC ÷ ITC availed on inputs and input services)}." shall be substituted; 8. In the said r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 962), then, such claim shall be transmitted to the proper officer of Central tax, State tax or Union territory tax, as the case may be, electronically through the common portal in a system generated FORM GST RFD-01 and the intimation of such transmission shall also be sent to the exporter electronically through the common portal, and notwithstanding anything to the contrary contained in any other rule, the said system generated form shall be deemed to be the application for refund in such cases and shall be deemed to have been filed on the date of such transmission. (5C) The application for refund in FORM GST RFD-01 transmitted electronically through the common portal in terms of sub-rules (5A) and (5B) shall be dealt in accordance with the provisions of rule 89."; (e) sub-rule (6) and sub-rule (7) shall be deemed to have been omitted; 10. In the said rules, in FORM GSTR-3B, - (a) in paragraph 3.1, in the heading, after the words "liable to reverse charge , the brackets, words and figures "(other than those covered in 3.1.1)" shall be inserted; (b) after paragraph 3.1, the following paragraph shall be inserted, namely:- "3.1.1 Details of supplies notified under sub-secti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les, in FORM GSTR-9, under the heading Instructions, - (a) in paragraph 4, - (A) after the word, letters and figures "or FY 2020-21", the word, letters and figures "or FY 2021-22" shall be inserted; (B) in the Table, in second column, - (I) against serial numbers 5D, 5E and 5F, the following entries shall be inserted at the end, namely: - 'For FY 2021-22, the registered person shall report Non-GST supply (5F) separately and shall have an option to either separately report his supplies as exempted and nil rated supply or report consolidated information for these two heads in the "exempted" row only.'; (II) against serial numbers 5H, 5I, 5J and 5K, for the figures and word "2019-20 and 2020-21", the figures and word "2019-20, 2020-21 and 2021-22" shall respectively be substituted; (b) in paragraph 5, in the Table, in second column, - (A) against serial numbers 6B, 6C, 6D and 6E, for the letters and figures "FY 2019-20 and 2020-21", the letters, figures and word "FY 2019-20, 2020-21 and 2021-22" shall respectively be substituted; (B) against serial numbers 7A, 7B, 7C, 7D, 7E, 7F, 7G and 7H, for the figures and word "2019-20 and 2020-21", the figures and word "2019-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... umbers, - (I) 15A, 15B, 15C and 15D, (II)15E, 15F and 15G, for the figures and word "2019-20 and 2020-21" wherever they occur, the letters, figures and word "2019-20, 2020-21 and 2021-22" shall respectively, be substituted."; (B) against serial numbers 16A, 16B and 16C for the figures and word "2019-20 and 2020-21" wherever they occur, the figures and word "2019-20, 2020-21 and 2021-22" shall respectively be substituted."; (C) against serial numbers 17 and 18, - (I) after the words, letters and figures "for taxpayers having annual turnover above ₹ 5.00 Cr.", the words, letters and figures "From FY 2021-22 onwards, it shall be mandatory to report HSN code at six digits level for taxpayers having annual turnover in the preceding year above ₹ 5.00 Cr and at four digits level for all B2B supplies for taxpayers having annual turnover in the preceding year upto ₹ 5.00 Cr." shall be inserted; (II) the following paragraph shall be inserted at the end, namely: - "For FY 2021-22, the registered person shall have an option to not fill Table 18."; 12. In the said rules, in FORM GSTR-9C, under the heading Instructions, - (a) in paragraph 4, in the Table, in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Taxpayer will choose one of this)" and ending with "Note: Charges to be separately paid by the person making payment.", the following shall be substituted, namely: -. "__e-Payment (This will include all modes of e-payment such as CC/DC, net banking and UPI. Taxpayer will choose one of this) __Over the Counter (OTC) __IMPS Bank (Where cash or instrument is proposed to be deposited) Details of Instrument __Cash __Cheque __Demand Draft __NEFT/RTGS Remitting bank Beneficiary name GST Beneficiary Account Number (CPIN) < CPIN > Name of beneficiary bank Reserve Bank of India Beneficiary Bank's Indian Financial System Code (IFSC) IFSC of RBI Amount Note: Bank Charges, if any, shall be paid separately to the bank by the person making payment. __IMPS Remitting bank Beneficiary name GST Beneficiary Account Number (CPIN) < CPIN > Name of beneficiary bank < Selected Authorized Bank > Beneficiary Bank's Indian Financial System Code (IFSC) < IFSC of selected Authorized Bank > Amount Note: Bank Charges, if any, shall be paid separately to the bank by the person making payment. (b) in the Table under the heading Paid Challan Information, for the w ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
