The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 which seeks to amend the Central Goods and Services Tax Rules, 2017.
The notification seeks to prescribe the Form and manner of furnishing details of outward supplies.
The amendment said that all the registered person except Special provision for payment of tax by supplier of online information and database access or retrieval services (OIDAR) required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in FORM GSTR-1 for the month or the quarter, as the case may be, electronically through the common portal, either directly or through a Facilitation Centre as may be notified by the Commissioner.
“The registered persons required to furnish return for every quarter under proviso to sub-section (1) of section 39 may furnish the details of such outward supplies of goods or services or both to a registered person, as he may consider necessary, for the first and second months of a quarter, up to a cumulative value of fifty lakh rupees in each of the months,- using invoice furnishing facility (hereafter in this notification referred to as the ―IFF‖) electronically on the common portal, duly authenticated in the manner prescribed under rule 26, from the 1st day of the month succeeding such month till the 13th day of the said month,” the notification said.
The amendment further clarifies that the details of outward supplies furnished using the IFF, for the first and second months of a quarter, shall not be furnished in FORM GSTR-1 for the said quarter.
The notification said that the details of outward supplies of goods or services or both furnished in FORM GSTR-1 shall be included.
Firstly, invoice wise details of all inter-State and intra-State supplies made to the registered persons; and inter-State supplies with invoice value more than two and a half lakh rupees made to the unregistered persons.
Secondly, consolidated details of all intra-State supplies made to unregistered persons for each rate of tax; and State wise inter-State supplies with invoice value upto two and a half lakh rupees made to unregistered persons for each rate of tax.
Lastly, debit and credit notes, if any, issued during the month for invoices issued previously.
The details of outward supplies of goods or services or both furnished using the IFF shall include the invoice wise details of inter-State and intra-State supplies made to the registered persons; and debit and credit notes, if any, issued during the month for such invoices issued previously.
The notification will be enforced from 1st January, 2021.
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