35th GST Council Meeting Press Release and Recomandation

GST Council decision relating to changes in law and procedure

The 35th GST Coun­cil Meet­ing was held here today under the chair­man­ship of Union Finance & Cor­po­rate Affairs Min­is­ter Smt. Nir­mala Sithara­man. This was the first meet­ing of the Coun­cil after the swear­ing in of the new Gov­ern­ment. The meet­ing was also attend­ed by Union Min­is­ter of State for Finance & Cor­po­rate Affairs Shri Anurag Thakur besides Rev­enue Sec­re­tary Shri Ajay Bhushan Pandey and oth­er senior offi­cials of the Min­istry of Finance. The GST Coun­cil rec­om­mend­ed the fol­low­ing changes relat­ed to law and procedure:

In order to give ample oppor­tu­ni­ty to tax­pay­ers as well as the sys­tem to adapt, the new return sys­tem to be intro­duced in a phased man­ner, as described below:

  1. Between July, 2019 to Sep­tem­ber, 2019, the new return sys­tem (FORM GST ANX‑1&FORM GST ANX‑2 only) to be avail­able for tri­al for tax­pay­ers. Tax­pay­ers to con­tin­ue to file FORM GSTR‑1&FORM GSTR-3B as at present;
  2. From Octo­ber, 2019 onwards, FORM GST ANX‑1 to be made com­pul­so­ry. Large tax­pay­ers (hav­ing aggre­gate turnover of more than Rs. 5 crores in pre­vi­ous year) to file FORM GST ANX‑1 on month­ly basis where­as small tax­pay­ers to file first FORM GST ANX‑1 for the quar­ter Octo­ber, 2019 to Decem­ber, 2019 in Jan­u­ary, 2020;
  3. For Octo­ber and Novem­ber, 2019, large tax­pay­ers to con­tin­ue to file FORM GSTR-3B on month­ly basis and will file first FORM GST RET-01 for Decem­ber, 2019 in Jan­u­ary, 2020. It may be not­ed that invoic­es etc. can be uploaded in FORM GST ANX‑1 on a con­tin­u­ous basis both by large and small tax­pay­ers from Octo­ber, 2019 onwards. FORM GST ANX‑2 may be viewed simul­ta­ne­ous­ly dur­ing this peri­od but no action shall be allowed on such FORM GST ANX‑2;
  4. From Octo­ber, 2019, small tax­pay­ers to stop fil­ing FORM GSTR-3B and to start fil­ing FORM GST PMT-08. They will file their first FORM GST-RET-01 for the quar­ter Octo­ber, 2019 to Decem­ber, 2019 in Jan­u­ary, 2020;
  5. From Jan­u­ary, 2020 onwards, FORM GSTR-3B to be com­plete­ly phased out

On account of dif­fi­cul­ties being faced by tax­pay­ers in fur­nish­ing the annu­al returns in FORM GSTR‑9FORM GSTR-9A and rec­on­cil­i­a­tion state­ment in FORM GSTR-9C, the due date for fur­nish­ing these returns/reconciliation state­ments to be extend­ed till 31.08.2019

To pro­vide suf­fi­cient time to the trade and indus­try to fur­nish the dec­la­ra­tion in FORM GST ITC-04relat­ing to job work, the due date for fur­nish­ing the said form for the peri­od July, 2017 to June, 2019 to be extend­ed till 31.08.2019

Cer­tain amend­ments to be car­ried out in the GST laws to imple­ment the deci­sions of the GST Coun­cil tak­en in ear­li­er meeting

Rule 138E of the CGST rules, per­tain­ing to block­ing of e‑way bills on non-fil­ing of returns for two con­sec­u­tive tax peri­ods, to be brought into effect from 21.08.2019, instead of the ear­li­er noti­fied date of 21.06.2019

Last date for fil­ing of inti­ma­tion, in FORM GST CMP-02, for avail­ing the option of pay­ment of tax under noti­fi­ca­tion No. 2/2019-Cen­tral Tax (Rate) dat­ed 07.03.2019, to be extend­ed from 30.04.2019 to 31.07.2019

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