22/06/2024
inTaxIndia- Kt'Qs: Recommendations of 53rd GST Council Meeting - Relaxation in condition of section 16(4) of the CGST Act 2017 - A Welcome move though the Form GSTR-3B is enabled contrary to Section 164 of the CGST Act 2017 read with Availability of the Provisions in relation to Form GSTR-2 & GSTR-3 - Revised time limits for the financial years 2017- 18, 2018-19, 2019-20 and 2020-21, may be deemed to be 30.11.2021 - But the Goods and Service Tax Compliance Rating is still due, but highly warranted.
A Welcome move; Highly Appreciated the decision of the GST Council Recommendations in their 53rd Council Meeting specially read with Section 16(4) of the CGST Act 2017 as now the limitations stands as 30.11.2021 for the Financial Year 2017- 18, 2018-19, 2019-20 and 2020-21, though the fact that the Form GSTR-3B is enabled Contrary to Section 164 of the CGST Act 2017* read with Section 16, 18, 38, 39, 42, 47, 49(2), 50, 59, 62, 75(12) and 164 of the Act, Rule 36, 38, 56, 60, 61, 61A, 69, 70, 71, 72, 73,74, 75 and 77 of the GST Rules 2017; and submits that the most of its Provisions are exists *till 30.09.2022 but omitted with effect from 01.10.2022 onwards.
Considering the facts read with availability of provisions in relation to Return with Form GSTR-2 & Form GSTR-3 is exists till 30.09.2022, hence the author of the Kt'Qs firmly formed an Opinion that as per Section 164 of the CGST Act 2017 is re-produced with relevant potion of the act as below:
"The Government, may, on the recommendations of the Council, by notification, make rules for carrying out the provisions of this Act",
and submits that No Rules can be made contrary to Section 164 of the CGST Act 2017.
Hence the Author of the Kt'Qs formed an Opinion further reforms with GST Act is highly warranted in relation to Returns with Form GSTR-3B; and its a great to move if Goods and Services Tax Compliance Rating implemented with GST Common Portal.
Best Regards... Team inTaxIndia