X
3.
Further, in the case of the proprietor, the PAN should also be linked with his Aadhaar
Furnishing PAN linked bank account details for registration (Effective Date: to be notified)
4.
X
As per the existing provisions, a registered person who has been granted the registration is required to submit the bank account details within 45 to the authorities
X
Amendment has been made in the CGST Rules to provide that such bank account should be in the name of the registered person, and the same shall also be linked with its PAN
X
Further, in the case of the proprietor, the PAN should also be linked with his Aadhaar
Compliance related amendments
4.1. Frequency of filing Form GST ITC-04 has been changed (Effective Date: October 01, 2021) X
Frequency for filing Form GST ITC-04 has been reduced from quarterly basis to half-year/yearly basis as under:
SL. No.
Aggregate turnover in preceding financial year
Frequency (25th of the end of)
1
More than 5 Crore rupees
Six months starting from • April 01 • October 01
2
Up to 5 Crore rupees
A year
4.2. Filing of Form GSTR 3B of last month is mandatory for filing Form GSTR 1 (Effective Date: January 01, 2022) X
1.
Form GSTR – 1 would not be allowed to be filed/furnished where the registered person has not furnished Form GSTR – 3B for the immediately preceding month
Circular No 162/18/2021-GST Dated September 25, 2021
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