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Taxation Central Ministry of Finance Central Goods and Services Tax Act, 2017

Central Goods and Services Tax (Seventh Amendment) Rules, 2021

29-Aug-2021 | 32/2021-Central Tax

Central Government has notified Central Goods and Services Tax (Seventh Amendment) Rules, 2021. The key highlights are as follows:- (a) in the fourth proviso of sub-rule (1) of rule 26 for the figures, letters, and words 31st day of August 2021, the figures, letters, and words 31st day of October 2021 have been substituted. Further, with effect from the 1 st day of November 2021, all the provisos under Rule 26 (1) shall be omitted. (b) with effect from the 1st day of May 2021, in rule 138E, after the fourth proviso, the following proviso has been inserted- Provided also that the said restriction shall not apply during the period from the 1 st day of May 2021 till the 18th day of August 2021, in case where the return in FORM GSTR-3B or the statement of outward supplies in FORM GSTR-1 or the statement in FORM GST CMP-08, as the case may be, has not been furnished for the period March 2021 to May 2021."

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