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Date: 28-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

notification

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification extends the time limit for issuing orders related to the recovery of unpaid, short paid, wrongly availed, or utilized input tax credit (ITC) under Section 73 of the Central Goods and Services Tax (CGST) Act, 2017.
  • This extension applies to specific financial years, providing additional time for tax authorities to issue recovery orders.

Key Changes

  • The time limit for issuing orders under Section 73(9) of the CGST Act for recovery of tax related to Financial Year 2018-19 is extended up to April 30, 2024.
  • The time limit for issuing orders under Section 73(9) of the CGST Act for recovery of tax related to Financial Year 2019-20 is extended up to August 31, 2024.

Impact Analysis

Businesses

  • Businesses should ensure that all GST returns filed during the relevant period are accurate and supported by appropriate documentation.

Tax Authorities

  • Tax authorities should utilize the extended time to expedite the review of GST returns and take necessary actions for recovery.

Suggested Action Items

  • Tax authorities should prioritize cases for FY 2018-19 and FY 2019-20 to ensure timely completion of recovery proceedings within the extended deadlines.

Key Entities Referenced

Integrated Goods and Services Tax Act, 2017: Legislation governing the levy and collection of GST on inter-state supplies. Central Goods and Services Tax Act, 2017: The primary legislation governing the levy and collection of GST in India. Union Territory Goods and Services Tax Act, 2017: Legislation governing the levy and collection of GST in Union Territories. Section 73 of CGST Act, 2017: Deals with the determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized for any reason other than fraud or willful misstatement or suppression of facts. Ministry of Finance (Department of Revenue): The government ministry responsible for revenue collection and tax administration. Central Board of Indirect Taxes and Customs (CBIC): The apex body responsible for the formulation of policy concerning levy and collection of indirect taxes. Notification No. 35/2020-Central Tax, dated 3rd April, 2020: Original notification being partially modified. Notification No. 14/2021-Central Tax, dated 1st May, 2021: Original notification being partially modified. Notification No. 13/2022-Central Tax, dated 5th July, 2022: Original notification being partially modified. Notification No. 09/2023-Central Tax, dated 31st March, 2023: Original notification being partially modified.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-28122023-250938 CG-DxLx-xEG-I2D8H1x2x2x0 23-250938 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 5250] नई दद्‍ली, बृहस्ट्प जतिार, ददसम्ब र 28, 2023/पौष 7, 1945 No. 5250] NEW DELHI, THURSDAY, DECEMBER 28, 2023/PAUSHA 7, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्द्रीय अप्रत्यय्ष कर रर सीमाि्‍ल क बरड)ड अजधसचू ना नई दद्‍ली, 28 ददसम् बर, 2023 स.ं 56/2023-केन्द्र ीय कर का.आ. 5483(अ).—सरकार, एकीकृत माल रर सेिा कर अजधजनयम, 2017 (2017 का 13) की धारा 20 रर संघ राज्य्ष ेत्र माल रर सेिा कर अजधजनयम, 2017 (2017 का 14) की धारा 21 के साथ पठित केन्द्र ीय माल रर सेिा कर अजधजनयम, 2017 (2017 का 12) (जिस े इस अजधसूचना म ें इसके पश् चात उ उ‍त अजधजनयम कहा गया ह)ै की धारा 168क द्वारा प्रदत्य त िज‍त यक का प्रयरग करते एए, रर भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उपखण्ड (i) में संखयांक सा.का.जन. 235(अ), तारीख 3 अप्रलै , 2020 म ें प्रकाजित भारत सरकार, जित्य त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना सं. 35/2020-केन्द् रीय कर, तारीख 3 अप्रलै , 2020 रर भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उपखण्ड (i) में संखयांक सा.का.जन. 310(अ), तारीख 1 मई, 2021 म ें प्रकाजित अजधसूचना स.ं 14/2021-केन्द् रीय कर, तारीख 1 मई, 2021, तथा भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उपखण्ड (i) म ें संखयांक सा.का.जन. 516(अ), तारीख 5 िलल ाई, 2022 म ें प्रकाजित अजधसूचना स.ं 13/2022-केन्द् रीय कर, तारीख 5 िललाई, 2022 तथा भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उपखण्ड (ii) में सखं यांक सा.का.जन. 1564(अ), तारीख 31 माच,ड 2023 में प्रकाजित अजधसूचना स.ं 09/2023-केन्द् रीय कर, तारीख 31 माच,ड 2023 के आंजिक संिरधन म,ें पठरषद उ की जसफाठरिक पर, नीचे जिजनर्ददष्ट अिजध से संबंजधत, उक्त अजधजनयम की धारा 73 की उपधारा (9) के अधीन, संदत्त न दकए गए या कम 7988 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] संदत्त दकए गए या गलत प्राप्त या उपयरग दकए गए इनपलट कर प्रत्ययय की िसूली के जलए, आदेि िारी करने की, धारा 73 की उपधारा (10) के अधीन जिजनर्ददष्ट समय-सीमा का जिस्ट्तार करती ह,ै अथातड उ :- (i) जित्तीय िषड 2018-19 के जलए, 30 अप्रैल, 2024 तक ; (ii) जित्तीय िषड 2019-20 के जलए, 31 अगस्ट्त, 2024 तक । [फा. स.ं सीबीआईसी-20013/7/2021-िीएसटी] राघिेंर पाल ससह, जनदेिक MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 28th December, 2023 No. 56/2023- Central Tax S.O. 5483(E).—In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act) read with section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), and section 21 of the Union territory Goods and Services Tax Act, 2017 (14 of 2017) and in partial modification of the notifications of the Government of India, Ministry of Finance (Department of Revenue), No. 35/2020-Central Tax, dated the 3rd April, 2020 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 235(E), dated the 3rd April, 2020 and No. 14/2021-Central Tax, dated the 1st May, 2021 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 310(E), dated the 1st May, 2021 and No. 13/2022-Central Tax, dated the 5th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 516(E), dated the 5th July, 2022, and No. 09/2023-Central Tax, dated the 31st March, 2023 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number G.S.R. 1564(E) dated the 31st March, 2023, the Government, on the recommendations of the Council, hereby, extends the time limit specified under sub- section (10) of section 73 for issuance of order under sub-section (9) of section 73 of the said Act, for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized, relating to the period as specified below, namely:– (i) for the financial year 2018-19, up to the 30th day of April, 2024; (ii) for the financial year 2019-20, up to the 31st day of August, 2024. [F. No. CBIC-20013/7/2021-GST] RAGHAVENDRA PAL SINGH, Director Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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