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TMI BlogAmendment in Jammu and Kashmir Goods and Services Tax Rules, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... publication of the corresponding notification under Central Goods and Services Tax Rules in the Central Gazette. 2. In the Jammu and Kashmir Goods and Services Tax Rules 2017 (hereafter in this notification referred to as the said rules), for rule 59, the following rule shall be substituted with effect from the 1st day of January, 2021, namely :- 59. Form and manner of furnishing details of outward supplies.- (1) Every registered person, other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in Form GSTR 1 for the month or the quarter, as the case may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lakh rupees made to unregistered persons for each rate of tax ; (c) debit and credit notes, if any, issued during the month for invoices issued previously. (5) The details of outward supplies of goods or services or both furnished using the IFF shall include the- (a) Invoice-wise details of inter-State and intra-State supplies made to the registered persons ; (b) debit and credit notes, if any, issued during the month for such invoices issued previously . 3. In the said rules, for rule 60, the following rule shall be substituted with effect from the 1st day of January, 2021, namely :- 60. Form and manner of ascertaining details of inward supplies.-(1) The details of outward supplies furnished by the supplier in Form GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... input tax credit shall be made available to the registered person in FORM GSTR-2B, for every month, electronically through the common portal, and shall consist of- (i) the details of outward supplies furnished by his supplier, other than a supplier required to furnish return for every quarter under proviso to subsection (1) of Section 39, in FORM GSTR-1, between the day immediately after the due date of furnishing of FORM GSTR-1 for the previous month to the due date of furnishing of FORM GSTR1 for the month ; (ii) the details of invoices furnished by a non-resident taxable person in FORM GSTR-5 and details of invoices furnished by an input Service Distributor in his return in FORM GSTR-6 and details of outward supplies furnished by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed person, other than those required to furnish return for every quarter under proviso to sub-section (1) of Section 39, whichever is later ; (ii) in the third month of the quarter, a day after the due date of furnishing of details of outward supplies for the said month, in FORM GSTR-1, by a registered person required to furnish return for every quarter under proviso to sub-section (1) of Section 39. 4. In the said rules, in rule 61, after sub-rule (5), the following sub-rule shall be inserted, namely :- (6) Every registered person other than a person referred to in section 14 of the integrated Goods and Services Tax Act, 2017 (13 of 2017) or an input Service Distributor or a non-resident taxable person or a person paying tax und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the month succeeding such month ; (ii) proviso to sub-section (1) of section 39, for each quarter, or part thereof, for the class of registered persons mentioned in column (2) of the Table given below, on or before the date mentioned in the corresponding entry in column (3) of the said Table, namely :- Table 1 2 3 1. Registered persons whose principal place of business is in the Union Territory of Jammu and Kashmir. twenty-fourth day of the month succeeding such quarter. (2) Every registered person required to furnish return, under sub-rule (1) shall, subject to the provisions of section 49, discharge his liability t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd of such amount lying in balance in the electronic cash ledger, if any, out of the amount so deposited shall be permitted only after the return in FORM GSTR-3B for the said quarter has been filed . 6. In the said rules, after rule 61, the following rule shall be inserted, namely :- 61A. Manner of opting for furnishing quarterly return. -(1) Every registered person intending to furnish return on a quarterly basis under proviso to sub-section (1) of section 39, shall in accordance with the conditions and restrictions notified in this regard, indicate his preference for furnishing of return on a quarterly basis, electronically, on the common portal, from the 1st day of the second month of the preceding quarter till the last day of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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