The Governor of the National Capital, Delhi has notified the Delhi Goods and Services Tax (Third Amendment) Rules, 2019.
The notification was issued by the Finance (Revenue-1) Department in the name of the Lt. Governor of the National Capital of Delhi. The notification seeks to amend the principal legislature namely Delhi Goods and Service Tax Amendment Rules, 2017 and the amendment came to be known as Delhi Goods and Services Tax (Third Amendment) Rules, 2019.
Rule 23 of the Delhi Goods and Service Tax Amendment Rules, 2017 after the first proviso the provision pertaining to all returns due for the period from the date of the order of cancellation of registration till the date of the order of revocation of cancellation of registration and the registration which will be canceled with the retrospective effect will be added.
Rule 62 of the Delhi Goods and Service Tax Amendment Rules, 2017 the words “Form and manner of submission of statement and return” were instituted in the place of “Form and manner of submission of quarterly return by the composition supplier”.
The “Form GST CMP – 08” was inserted which pertained to the Statement for payment of self-assessed tax. The form comprised of the instructions which elaborated on the taxpayer paying tax under the provisions of section 10 of the Delhi Goods and Services Tax Act, 2017 or by availing the benefit of notification No. 02/2019–State Tax (Rate) is supposed to make payment of tax on a quarterly basis by the due date; adjustment on account of advances, credit/debit notes or rectifications shall be reported against the liability; negative value may be reported as such if such value comes after adjustment; ‘Nil’ Statement shall be filed if there is no tax liability due during the quarter.
This amendment notification has come into force from April 23, 2019.To Read the full text of the Notification CLICK HERE