Amendment in Rule 80 of Central Goods and Services Tax Rules, 2017

Simplified Explanation of Notification No. 2/2024 – Central Tax

Heading: Amendment in Rule 80 of Central Goods and Services Tax Rules, 2017

Purpose of the Notification:

This notification introduces amendments to Rule 80 of the Central Goods and Services Tax (CGST) Rules, 2017. These changes are specific to the filing of annual returns and self-certified reconciliation statements for the financial year 2022-23. The amendments primarily affect registered persons in certain districts of Tamil Nadu.

Key Details:

1. Short Title and Commencement:
   • Title: Central Goods and Services Tax (Amendment) Rules, 2024
   • Effective Date: December 31, 2023
2. Amendments in Rule 80:
   • Sub-rule (1B):
     • New Requirement: For the financial year 2022-23, businesses located in specific districts of Tamil Nadu must file their annual return by January 10, 2024.
     • Affected Districts: Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi, and Virudhunagar.
     • Example: If a business is located in Chennai, it must submit its annual return for 2022-23 by January 10, 2024, even though the general deadline might be different.
   • Sub-rule (3B):
     • New Requirement: The self-certified reconciliation statement for the financial year 2022-23 must be filed along with the annual return by January 10, 2024, for businesses in the same Tamil Nadu districts.
     • Example: A business in Tirunelveli must provide its self-certified reconciliation statement and annual return by January 10, 2024.

Summary:

• What: Rule 80 of CGST Rules, 2017 has been amended to extend deadlines for certain Tamil Nadu districts.
• When: The amendments apply from December 31