The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Amendment) Rules, 2021, which seeks to amend Central Goods and Services Tax Rules, 2017.
The Board seeks to amend the Rule 59(5) of the Central Goods and Services Tax Rules, 2017.
The Board has notified that a registered person shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in Form GSTR-1, if he has not furnished the return in Form GSTR-3B for preceding two months.
The Board has further stated that a registered person, required to furnish return for every quarter under the proviso to sub-section (1) of section 39, shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in FORM GSTR-1 or using the invoice furnishing facility, if he has not furnished the return in FORM GSTR-3B for preceding tax period.
It is also notified that a registered person, who is restricted from using the amount available in electronic credit ledger to discharge his liability towards tax in excess of ninety-nine percent. of such tax liability under rule 86B, shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in Form GSTR-1 or using the invoice furnishing facility, if he has not furnished the return in Form GSTR-3B for preceding tax period.
The notification will come into force from January 1, 2021.
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