• Notification Date: 18-11-2022
• Notification No: N/A

GSTR-9 Amended by CBIC to allow ITC Claims

The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification that allows ITC claims and amendments of invoices till November 30, 2022. The GST portal has started to allow making alterations related to Financial Year 2021-22 in October 2022 return period.  

As per the new notification declared by the CBIC, amendments can be made till November 30, 2022. On Tuesday, a new notification has been issued that stated in the Goods and Services Tax Rules, 2017 in Form GSTR-9, under the heading instructions, in Paragraph 7. It stated that:  

(A) the figures, letters, and words “between April, 2022 to September, 2022”, the figures, letters, and words “of April, 2022 to October, 2022 filed up to 30th November, 2022” shall be substituted.  

(B) in the Table, in second column - (i) against serial numbers 10 & 11, for the figures and words “April, 2022 to September, 2022”, the figures, letters and words “April, 2022 to October, 2022 filed up to 30th November, 2022” will be substituted; (ii) against serial number 12, for the figures and words “April 2022 to September 2022”, the figures, letters and words “April, 2022 to October, 2022 up to 30th November, 2022” will be substituted; and (iii) against serial number 13, for the figures and words “April 2022 to September 2022”, the figures, letters and words “April, 2022 to October, 2022 up to 30th November, 2022” shall be substituted.” 

According to the new circular, the taxpayers can amend the details of the taxable outward supplies that are made to the registered person which is already reported in table 4A, 4B, 6B, 6C – Business to business (B2B) Invoices. In order to search for the invoice, the taxpayer will have to provide the respective financial year and invoice number and click on the Amend Record. 

As per the final notice declared by the Government, the deadline has been extended till November 30, 2022 for making GSTR-1 amendments as well as for claiming the pending input tax credit (ITC) for Financial Year 2021-22. But the ultimate deadline depends on the GSTR-1/GSTR-3B filing deadlines of November (i.e., pertaining to October’s return period). 

In case a taxpayer fails the deadline, the GSTR-1/3B shall not available for revision. If there are any pending ITC for FY 2021-22, they will be forfeited.