Highlights of CGST (Twelfth Amendment) Rules, 2020

The CBIC has notified CGST (Twelfth Amendment) Rules, 2020 amendments in various rules vide Notification No. 79/2020 dated 15/10/2020. The highlights are as follows:

• Filing of Nil GSTR-3B/GSTR-/CMP-08 return via SMS: Rule 67A has been amended to allow filing of NIL GSTR-3B/GSTR-/CMP-08 for any tax period by short messaging service facility.
• GSTR9C: FORM GSTR-9C has been made applicable for only those registered persons whose aggregate turnover exceeds 5 crore rupees for financial year 2019-20.
• Restriction over generation of E-way bill: The CBIC has provided exemption over applying of Rule 138E for the period from the 20th day of March, 2020 till the 15th day of October, 2020. 
• Amendment in Rule 142(1A): Rule 142(1A) has been amended to make the issuance of Form DRC-01A by the proper officer optional.
• Amendement of FORM : Format of Form GSTR-2A, GSTR-5 and GSTR-5A has been amended.
• Form GSTR-9: Form GSTR-9 to include only the values pertaining to the year for which the annual return is being filed and the values pertaining to the preceding financial year to be ignored.
• In case of Tables 6B, 6C, 6D & 6E of Form GSTR-9, the input tax credit pertaining to capital goods to be shown separately for F.Y 2019-20.
• For F.Y 2019-20, Table 8A of Form GSTR-9 would auto-populate the details from Form GSTR-2A generated from 1st Nov, 2020.
• Tables 15,16,17 &18 of Form GSTR-9 would be optional for F.Y 2019-20 as well.
• Form GSTR-9C: The relaxations provided in reporting figures in case of certain tables of Form GSTR-9C for F.Y 2017-18 & F.Y 2018-19 would similarly continue for F.Y 2019-20.

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