CBIC notifies the commencement date of certain sections of the CGST Act 2017 amended by the Finance Act 2022 as 01/10/2022.
Accordingly, the provisions of Sections 100 to 114, except clause (c) of section 110 and section 111 of the Finance Act, 2022, resulting in corresponding amendments in Sections 16, 29, 34, 37, 38, 39, 41, 47, 48, 49 except sub-section (10), 50 and omission of Sections 42, 43, 43A of the CGST Act, 2017 shall be effective from 01/10/2022 as per Central Tax Notification 18/2022.
As a result, the time limit for the following compliances in relation to a specific fiscal year has been extended and set as the 30th November of the following fiscal year, or the furnishing of the relevant annual return, whichever is earlier:
| Section of Finance Act, 2022 | Corresponding Section of CGST Act, 2017 | Compliance Requirements as amended |
| Clause (b) to Section 100 |
Section 16(4) | Claiming ITC for any invoice or debit note in the return |
| Section 102 | Section 34(2) | Declaring details of credit notes in the return |
| Clause (c) to Section 103 |
Proviso to Section 37(3) | Rectification of particulars/details of outward supplies |
| Clause (c) to Section 105 |
Proviso to Section 39(9) | Rectification of particulars furnished in a return |
| Section 112 | Proviso to Section 52(6) | Rectification of particulars of statement of TCS operator |
Extended timeline for Compliances from FY 2021-22
The above-mentioned extended compliance timelines apply to compliances beginning in fiscal year 2021-22. Accordingly, such compliances in respect of a fiscal year can be carried out in the relevant return or statement filed/furnished up to the 30th November of the following fiscal year, or the date of furnishing annual return for the said fiscal year, whichever is earlier.
The amendments to the CGST Act, 2017, notified through Central Tax Notification 18/2022 dated 28/09/2022, have not extended the due date of filing monthly returns/statements for the month of October (due in November) or the due date of filing quarterly returns/statements for the quarter ending September.
CBIC Central Tax Notification 18/2022 dt. 28/09/2022: CBIC notifies Commencement Date of Certain Sections of the CGST Act 2017 amended by the Finance Act 2022
S.O. 4569(E).- In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2022 (6 of 2022), the Central Government hereby appoints 01/10/2022, as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the said Act shall come into force.
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