The following compliances in respect of a particular financial year has been extended and fixed as 30th November of the next financial year or furnishing of relevant annual return, whichever is earlier
|Corresponding provision of the CGST Act, 2017||Corresponding compliance requirements|
|Section 16(4)||Claiming of ITC in respect of any invoice or debit note in the return|
|Section 34(2)||Declaration of the details of credit notes in the return|
|Proviso to Section 37(3)||Rectification of particulars in details of outward supplies|
|Proviso to Section 39(9)||Rectification of particulars furnished in a Return|
|Proviso to Section 52(6)||Rectification of particulars in the statement furnished by a TCS operator|
Doubts have been raised whether the said extended timelines are applicable in respect of compliances for FY 2022-23 onwards or whether the same are also applicable to the compliances for FY 2021-22. Doubts have also been raised whether the timelines for the said compliances stand extended to the date of filing/ furnishing of the return/ statement for the month of November 2022 or the said compliances can be carried out in a return or the statement filed/ furnished upto 30th November 2022.
In this regard, it is clarified that the extended timelines for compliances listed in para 2 are applicable to the compliances for FY 2021-22 onwards. It is further clarified that the said compliances in respect of a financial year can be carried out in the relevant return or the statement filed/ furnished upto 30th November of the next financial year, or the date of furnishing annual return for the said financial year, which ever is earlier. It is also clarified that no extension of due date of filing monthly return/ statement for the month of October (due in November) or the due date of filing quarterly return/ statement for the quarter ending September has been made vide the amendments in CGST Act, 2017 notified through Notification No. 18/2022-Central Tax dated 28.09.2022.