Mandatory Bank Account Details Submission Under GST

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Mandatory furnishing bank account details by registered taxpayers under Rule 10A of the Central Goods and Services Tax Act, 2017. Let's Understand What Is Rule 10A Under CGST Act, 2017. The objective of Rule 10A is to prevent fraudulent activities such as the creation of fake GST registrations and the generation of bogus invoices. By verifying the bank account details of new GST registrants, the government can ensure that only genuine businesses are registered under the GST regime. So all the registered taxpayers are required to furnish their bank account details within the prescribed period of time. Mandatory Bank Account Details Submission as Per Law: All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules framed thereunder to furnish  their bank Account  Details within 30 days of the grant of registration or before the due date of filing GSTR-1/IFF, whichever is earlier. Taxpayers are therefore advised to promptly furnish the...
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Circular No. 139/09/2020-GST

Circular No. 139/09/2020-GST
   
Government of India 
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs

New Delhi, Dated the 10th June, 2020  

Subject: Clarification on refund related issues

1. Various representations have been received seeking clarification on the issue relating to refund of accumulated ITC in respect of invoices whose details are not reflected in the FORMGSTR-2A of the applicant. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law in this regard across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act,2017 (hereinafter referred to as “CGST Act”), hereby clarifies the issues detailed hereunder:

Hindi: GST Refund के सम्बन्ध में स्पष्टीकरण माँगते हुए विभिन्न वर्णन प्राप्त हुए , जो की Invoice के संबंध में संचित ITC का Refund जिसका विवरण आवेदक के Form GSTR-2A में नहीं दिखाई देता हैं. इन मुद्दों को स्पष्ट करने और सभी क्षेत्र में इस संबंध में कानून के प्रावधानों के कार्यान्वयन में एकरूपता सुनिश्चित करने के लिए, बोर्ड ने केंद्रीय वस्तु एवं सेवा कर अधिनियम की धारा 168 (1) द्वारा प्रदत्त अपनी शक्तियों के प्रयोग में, 2017 (इसके बाद "सीजीएसटी अधिनियम" के रूप में संदर्भित), इसके द्वारा यहां विस्तृत मुद्दों को स्पष्ट किया गया है:

2. Circular No.135/05/2020 – GST dated the 31st March, 2020 states that:

    “5. Guidelines for refunds of Input Tax Credit under Section 54(3) 

     5.1 In terms of para 36 of circular No. 125/44/2019-GST dated 18.11.2019, the refund of ITC availed in respect of invoices not reflected in FORM GSTR-2A was also admissible and copies of such invoices were required to be uploaded. However, in wake of insertion of sub-rule (4) to rule 36 of the CGST Rules, 2017 vide notification No.49/2019-GST dated 09.10.2019, various references have been received from the field formations regarding admissibility of refund of the ITC availed on the invoices which are not reflecting in the FORM GSTR-2A of the applicant.

    “5. धारा 54 (3) के तहत इनपुट टैक्स क्रेडिट के रिफंड के लिए दिशानिर्देश:

      5.1  परिपत्र संख्या 125/44/2019-GST, दिनांक 18.11.2019 के पैरा 36 के संदर्भ में, Form GSTR-2A में जो बिल दिखाई नहीं गए, उन बिलो के ITC पर भी आप रिफंड claim कर सकते थे और ऐसे बिलो के रिफंड Claim के लिए बिलो को उपलोड करने की आवश्यकता थी । हालाँकि, CGST अधिनियम 2017 के उप-नियम (4 ) के 36 नियम Notification No. 49/2019-GST, दिनाँक 09.10.2019, को लाया गया, जिसमे हमें विभिन्न संदर्भ की जो बिल आवेदक के GSTR-2A दिखाई नहीं दे रहे हैं उन बिलो के ITC पर भी आप रिफंड claim कर सकते हो. जिसमे हमें विभिन्न सन्दर्भ प्राप्त हुए.

5.2 The matter has been examined and it has been decided that the refund of accumulated ITC shall be restricted to the ITC as per those invoices, the details of which are uploaded by the supplier in FORM GSTR-1 and are reflected in the FORM GSTR-2A of the applicant. Accordingly, para 36 of the circular No. 125/44/2019-GST, dated 18.11.2019 stands modified to that extent.

इस मामले की जाँच की गयी और यह निर्णय लिया गया की रिफंड संचित ITC, Invoice के अनुसार ITC तक ही सिमित होगा, जो Supplier द्वारा GSTR-1 में Upload किये गए हैं और जो Applicant के  GSTR-2A में दिखाई दे रहे हैं. "यानिकि जो बिल आपके 2A में Show होगा आपको उन्ही बिलो के ITC पर रिफंड मिलेगा और जो बिल show नहीं होगा उनका रिफंड नहीं मिलेगा". तदनुसार, परिपत्र संख्या 125/44/2019-जीएसटी के पैरा 36, दिनांक 18.11.2019 उस सीमा तक संशोधित है।.

3.1 Representations have been received that in some cases, refund sanctioning authorities have rejected the refund of accumulated ITC is respect of ITC availed on Imports, ISD invoices, RCM etc. citing the above-mentioned Circular on the basis that the details of the said invoices/documents are not reflected in FORM GSTR-2A of the applicant.

कुछ मामलों में यह प्रतिनिधित्व या विरोध पत्र पाए गए, की रिफंड करने वाली Authorities ने संचित आईटीसी के रिफंड को अस्वीकार कर दिया हैं, जो कि Imports, ISD Invoice, RCM इत्यादि पर प्राप्त आईटीसी के संदर्भ मे था। उपरोक्त उल्लिखित परिपत्र का हवाला देते हुए कहा गया कि आवेदक के फॉर्म-2A में बताएं गए Invoices/Documents परिलक्षित या Show नहीं होता है!

3.2 In this context it is noteworthy that before the issuance of Circular No. 135/05/2020-GST dated 31st March, 2020, refund was being granted even in respect of credit availed on the strength of missing invoices (not reflected in FORM GSTR-2A) which were uploaded by the applicant along with the refund application on the common portal. However, vide Circular No.135/05/2020–GST dated the 31st March, 2020, the refund related to these missing invoices has been restricted. Now, the refund of accumulated ITC shall be restricted to the ITC available on those invoices, the details of which are uploaded by the supplier in FORM GSTR-1 and are reflected in the FORM GSTR-2A of the applicant.
इस संदर्भ में यह उल्लेखनीय है कि 31 मार्च, 2020 के परिपत्र संख्या 135/05/2020-जीएसटी के जारी होने से पहले, लापता चालान के बल पर प्राप्त क्रेडिट के संदर्भ में भी रिफंड दिया जा रहा था (जो FORM GSTR-2A में परिलक्षित नहीं हैं ) जो आवेदक द्वारा आम पोर्टल पर धनवापसी आवेदन के साथ अपलोड किए गए थे। हालाँकि, 31 मार्च,2020 को परिपत्र संख्या.135/ 05/2020-GST ने इन लापता चालानों से संबंधित धनवापसी को प्रतिबंधित कर दिया है। अब, संचित ITC की वापसी उन चालानों पर उपलब्ध ITC तक ही सीमित रहेगी, जिसका विवरण आपूर्तिकर्ता द्वारा FORM GSTR-1 में अपलोड किया गया है और आवेदक के FORM GSTR-2A में परिलक्षित होता है।

4. The aforesaid circular does not in any way impact the refund of ITC availed on the invoices/documents relating to imports, ISD invoices and the inward supplies liable to Reverse Charge (RCM supplies) etc..It is hereby clarified that the treatment of refund of such ITC relating to imports, ISD invoices and the inward supplies liable to Reverse Charge (RCM supplies) will continue to be same as it was before the issuance of Circular No.135/05/2020-GST dated 31st March, 2020.

पूर्वोक्त परिपत्र किसी भी तरह से आईटीसी की वापसी के प्रभाव को प्रभावित नहीं करता है जो आयात से संबंधित चालान(Invoices)/दस्तावेज(Documents), ISD Invoices और आवक आपूर्ति के लिए उत्तरदायी रिवर्स चार्ज (आरसीएम आपूर्ति) आदि ..यहां यह स्पष्ट किया गया है कि इस तरह के वापसी के उपचार आयात से संबंधित आईटीसी, आईएसडी चालान और आवक आपूर्ति रिवर्स चार्ज (आरसीएम) के लिए उत्तरदायी है आपूर्ति) वैसी ही रहेगी जैसा कि परिपत्र संख्या 135/05/2020 के जारी होने से पहले थी। जीएसटी दिनांक 31 मार्च, 2020।

यानिकि इन तीन Cases (Imports, ISD & RCM) के ITC पर आप रिफंड Claim कर सकते हो! क्योकि इन तीनो Senarioes में इनका विवरण आवेदक के Form-2A में कही Reflect नहीं करता, जिसके कारण Department उनके रिफंड एप्लीकेशन रिजेक्ट कर दिया करते थे! लेकिन अब इस Circular के आने के बाद आप इन तीन Senarioes में रिफंड Claim कर सकते हो और यह वैसी ही रहेगी जैसा कि परिपत्र संख्या 135/05/2020 के जारी होने से पहले थी। जीएसटी दिनांक 31 मार्च, 2020।


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