GST compliance amendments introduce bank-account verification, input tax credit discrepancy responses, e-way bills, recovery intimations, and revised return procedures. The amendments strengthen GST registration and return compliance by requiring timely furnishing of bank-account details, permitting suspension for specified registration non-compliance or material return discrepancies, and restricting GSTR-1 filing in prescribed cases. Rule 88D introduces electronic intimation and response procedures for excess input tax credit availed in GSTR-3B over GSTR-2B. The rules also establish e-way-bill requirements for specified intra-State movement of gold and precious stones, introduce recovery intimation for unpaid recoverable amounts, revise compounding and consent-based information sharing, and update refund, appeal, annual-return and statutory-form requirements.
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.
The amendments strengthen GST registration and return compliance by requiring timely furnishing of bank-account details, permitting suspension for specified registration non-compliance or material return discrepancies, and restricting GSTR-1 filing in prescribed cases. Rule 88D introduces electronic intimation and response procedures for excess input tax credit availed in GSTR-3B over GSTR-2B. The rules also establish e-way-bill requirements for specified intra-State movement of gold and precious stones, introduce recovery intimation for unpaid recoverable amounts, revise compounding and consent-based information sharing, and update refund, appeal, annual-return and statutory-form requirements.
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 
