Special procedure for Certain Processes [Section 148] - GST Ready Reckoner - GST

Special procedure for Certain Processes Section 148 is an enabling provision for prescribing special procedures for certain processes. Such procedures shall be prescribed by way of a notification issued by the Government , on recommendations of the GST Council; and the special procedures to be followed by such persons including those with regard to registration, furnishing of return, payment of tax and administration of such persons. Important Notifications The following special procedure to be followed by a registered person engaged in manufacturing of the goods. [ Notification No. 30/2023 Central Tax dated 31st July 2023 ] For Example : 1. Notification No 66/2017 Central Tax dated 15th November, 2017 Exemption from payment of GST on advances received against supply of goods In general as per the provisions of Section 12 , GST is liable to paid on supply of goods or at on receipt of advance against supply of goods in future, whichever is earlier. [See Chapter on Time of supply ] Notification no 66/2017 relaxes the condition of payment of GST on receipt of advance. Accordingly, the assessee is required to pay GST on supply of goods irrespective of the fact in case the amount received in advance. The relaxation is subject to the condition that the details of advance shall be furnished in the GST returns in the prescribed manner. However, such relaxation has not been provided in relation to advance received against the supply of services. 2. Notification No. 30/2019 as regarding Exemption from Furnishing of annual return/ statement Seeks to provide exemption from furnishing of Annual Return / Reconciliation Statement for suppliers of Online Information Database Access and Retrieval Services from a place outside india to a person in india 3. Notification No.09/2020 as regarding exemption from furnishing reconciliation statement Seeks to exempt foreign airlines from furnishing reconciliation Statement in FORM GSTR-9C Howsoever statement of receipts and payments for the financial year in respect of its Indian Business operations, must be duly authenticated by a practicing Chartered Accountant in India 4. Notification NO.11/2020 Notifies registered persons who are notified debtors under Insolvency and Bankruptcy Code,2016 undertakes interim resolution professionals (IRP) or resolution professionals (RP), as the class of persons to be notified Debtors Provided shall not include corporate debtors who have furnished the statements under section 37 and the returns under section 39 of the said Act for all the tax periods prior to the appointment of IRP/RP 5. Notification No. 06/2023 - amnesty scheme for non-filer of GST returns As per section 62 , where GST Returns are filed with in 30 days (60 days as per amendment by Finance Act, 2023) from the date of assessment order, then such assessment shall be withdrawn automatically by operation of law. Now the Notification No. 06/2023 relaxes the conditions of 30 days where the assessment order has been issued on or before the 28th day of February, 2023, accordingly an assessee (non-filer) has an option to submit the GST returns as (i) on or before the 30th day of June 2023; (ii) the return shall be accompanied by payment of interest due under sub- section (1) of section 50 of the said Act and the late fee payable under section 47 of the said Act, on completion of the above conditions, the assessment order shall be deemed to be withdrawn.