The Central Board of Indirect Taxes and Customs (CBIC) on August 04, 2023, issued Central Goods and Services Tax (Second Amendment) Rules, 2023 to further amend the Central Goods and Services Tax Rules, 2017.
The following has been stated namely: -
• Rule 21 A which states “Suspension of registration” the following has been substituted for sub-rule (2A)
“Where,-
(a) a comparison of the returns furnished by a registered person under section 39 with the details of outward supplies furnished in FORM GSTR-1 or the details of inward supplies derived based on the details of outward supplies furnished by his suppliers in their FORM GSTR-1, or such other analysis, as may be carried out on the recommendations of the Council, show that there are significant differences or anomalies indicating contravention of the provisions of the Act or the rules made thereunder, leading to cancellation of registration of the said person, or
(b) there is a contravention of the provisions of rule 10A by the registered person.”
• Rule 25 which states “Physical verification of business premises in certain cases” has been substituted namely: -
“(1) Where the proper officer is satisfied that the physical verification of the place of business of a person is required after the grant of registration, he may get such verification of the place of business done and the verification report along with the other documents, including photographs, shall be uploaded in FORM GST REG-30 on the common portal within a period of fifteen working days following the date of such verification.”
• The following shall be inserted namely: -
“88D. Manner of dealing with difference in input tax credit available in auto-generated statement containing the details of input tax credit and that availed in return”
This shall come into force on August 04, 2023.
[Notification No. 38/2023- Central Tax]
