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Recent Clarifications by CBIC

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LI Research

Published on: 20 July 2023 at 15:59 IST

CBIC, in its recent clarifications dated 17th July 2023, has introduced a series of measures to provide relief and flexibility to taxpayers in Manipur. Through a set of notifications, the Central Board of Indirect Taxes and Customs has extended the deadlines for various GST-related filings and amended some important regulations.

Notification No. 18/2023 pertains to FORM GSTR-1 submissions. The CBIC has granted an extension for submitting FORM GSTR-1 for the months of April, May, and June 2023. This extension exclusively applies to registered individuals whose primary place of business is in Manipur. The move is aimed at easing the compliance burden for taxpayers in the state and allowing them more time to fulfill their GST reporting requirements.

Notification No. 19/2023 brings relief to registered individuals in Manipur by extending the deadline for FORM GSTR-3B submissions. The fiscal quarter ending June 2023 now has an extended submission deadline of July 31, 2023. This extension is exclusive to taxpayers with their primary place of business in Manipur, enabling them to complete their GSTR-3B filings within the extended timeframe.

Notification No. 20/2023 emphasizes the extension of the deadline for GSTR-3B submissions for the fiscal quarter ending June 2023, specifically catering to taxpayers registered in Manipur. By pushing the submission deadline to July 31, 2023, CBIC aims to facilitate smooth and timely GST compliance for businesses operating in the state.

Notification No. 21/2023 addresses FORM GSTR-7 submissions. It extends the deadline for registered persons in Manipur to submit FORM GSTR-7 for the months of April, May, and June 2023. This extension is a step towards ensuring that taxpayers in Manipur can adhere to GST regulations while being able to meet the revised timeline.

Notification No. 22/2023 involves an amendment to Notification No. 73/2017. CBIC has substituted the date “30th June 2023” with “30th August 2023.” This alteration in the notification is likely to have implications on tax-related processes and compliances, and taxpayers should take note of the revised date.

In Notification No. 23/2023, CBIC extends the time limit for the revocation of cancellation of registration. The exact details of the extension and the new time limit are mentioned in the notification, allowing taxpayers in Manipur more time to rectify their registration status, if required.

CBIC also addresses amnesty schemes through Notification No. 24/2023, Notification No. 25/2023, and Notification No. 26/2023. The amnesty scheme, which considers the withdrawal of assessment orders issued under Section 62, has been extended until August 31, 2023. Additionally, the amnesty scheme for GSTR-9 non-filers and GSTR-10 non-filers has also been extended to the same date, offering taxpayers an opportunity to comply with these filings without attracting any additional penalties.

These clarifications and extensions introduced by CBIC are intended to streamline GST compliance and offer flexibility to businesses in Manipur. Taxpayers in the state are encouraged to make the most of these extended deadlines and amnesty schemes to ensure smooth tax reporting and adherence to the revised regulations.