GST procedural amendments enable suspension revocation on filing returns and introduce payment, refund and interest calculation mechanisms. The amendment prescribes revocation of registration suspension upon filing all pending returns, includes Duty Credit Scrips in valuation provisions, requires a turnover-based declaration where invoices need not follow rule 48(4), establishes re-credit of erroneous refunds to the electronic credit ledger via FORM GST PMT-03A when deposited through FORM GST DRC-03, adds UPI and IMPS payment modes and allows inter-PAN electronic cash transfers via FORM GST PMT-09 subject to no unpaid liabilities, inserts rule 88B detailing interest calculation on delayed tax and wrongly availed input tax credit, refines export refund procedures (including electricity) and updates multiple GST returns and forms to implement these changes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST procedural amendments enable suspension revocation on filing returns and introduce payment, refund and interest calculation mechanisms.
The amendment prescribes revocation of registration suspension upon filing all pending returns, includes Duty Credit Scrips in valuation provisions, requires a turnover-based declaration where invoices need not follow rule 48(4), establishes re-credit of erroneous refunds to the electronic credit ledger via FORM GST PMT-03A when deposited through FORM GST DRC-03, adds UPI and IMPS payment modes and allows inter-PAN electronic cash transfers via FORM GST PMT-09 subject to no unpaid liabilities, inserts rule 88B detailing interest calculation on delayed tax and wrongly availed input tax credit, refines export refund procedures (including electricity) and updates multiple GST returns and forms to implement these changes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
