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

Gujrat Goods and Services Tax (Second Amendment) Rules, 2023

14-Sep-2023 | 38/2023

Government of Gujrat has introduced the Gujrat Goods and Services Tax (Second Amendment) Rules, 2023, effective from August 4, 2023. Key Amendments: 1. Rule 23 (1) Revised: Starting from October 1, 2023, the period for responding to the order of cancellation of registration has been extended. Registered entities now have ninety days from the date of service of the cancellation order to take action. 2. Substitution in Rule 25 - Physical Verification: This rule outlines cases where the proper officer deems a physical verification of the business premises necessary after registration has been granted. The verification report, along with relevant documents and photographs, must be uploaded using FORM GST REG-30 on the common portal within fifteen working days following the verification date. 3. Insertion of Rule 88D - Handling Discrepancies in Input Tax Credit: In instances where the input tax credit claimed in a registered person's return (FORM GSTR-3B) exceeds the credit available according to the auto-generated statement in FORM GSTR-2B, the excess amount and percentage (as recommended by the Council) shall be intimated to the registered person through Part A of FORM GST DRC-01C on the common portal. A copy of this intimation will also be sent to the registered person's email.

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