Notification No.: 14/2022 – Central Tax
Date of Notification: 5th July 2022
Relevant Sections and Rules
Central GST Act, 2017:
- Section 29(2)(b), 29(2)(c) – Cancellation of registration
- Section 30 – Revocation of cancellation
- Section 16(4) – Time limit for availing ITC
- Section 39 – Furnishing of returns
- Section 50 – Interest on delayed payment of tax
- Section 54 – Refunds
- Section 55 – Refunds to specified persons
- Section 164 – Power to make rules
CGST Rules, 2017 (Amendments via this Notification):
- Rule 21A(4) – Suspension of registration deemed revoked on filing pending returns
- Rule 43 Explanation 1(d) – Value of Duty Credit Scrips excluded from exempt supply turnover
- Rule 46 – Mandatory declaration on invoices (for non-e-invoicing entities above threshold)
- Rule 86(4B) – Erroneous refund re-credit via new FORM PMT-03A
- Rule 87(3), (5), (14) – New payment modes (UPI, IMPS), cash ledger transfer to distinct persons (with condition)
- New Rule 88B – Calculation of interest (retrospective from 01.07.2017)
- Rule 89 – Refund claim documents for export of electricity; value restricted to lower of FOB/invoice
- Rule 95A – Omitted retrospectively from 01.07.2019
- Rule 96 – Refund of IGST on export of goods (valid return condition, mismatch handling, risk-based verification, deemed filing date, sub-rules inserted/omitted)
- Rule 142, 144A, 154, 159 – consequential adjustments from prior amendment
- Rule 80, Rule 95, Rule 138E – aligned references
Forms Amended/Inserted:
- GSTR-3B – New Table 3.1.1 for ECO supplies under Section 9(5), updated ITC tables
- GSTR-9 & 9C – Instructions updated for FY 2021-22 (HSN, ITC, amendments, prior year adjustments)
- PMT-03A – New form for re-credit of erroneous refunds
- PMT-06, PMT-07, PMT-09 – Updated for UPI/IMPS, RRN, inter-GSTIN cash transfers
- RFD-01 – New Statement-3B for electricity export refunds
- RFD-10B – Omitted retrospectively from 01.07.2019
Integrated GST Act, 2017:
- Section 20 – Application of CGST provisions
Summary of Notification
1) Registration suspension & revocation streamlined (Rule 21A):
Suspension under Rule 21A(2A) for Section 29(2)(b)/(c) contraventions is automatically revoked once all pending returns are furnished, unless cancellation already ordered.
2) ITC & exempt supply turnover clarity (Rule 43, Rule 46, Rule 86):
Duty Credit Scrips excluded from exempt turnover for ITC reversal. Invoices of non-e-invoicing taxpayers above threshold must bear a new declaration. Erroneous refund deposits (via DRC-03) re-credited by order in new FORM PMT-03A.
3) New payment facilities (Rule 87, PMT-06/07/09):
UPI & IMPS added as valid payment modes. New Rule 87(14) allows transfer of electronic cash ledger balance across GSTINs of the same PAN, subject to no unpaid liability.
4) Interest calculation codified (Rule 88B, retrospective):
Interest on delayed returns payable only on net cash liability. Separate methods prescribed for ITC wrongly availed & utilised. Retrospective effect from 01.07.2017 ensures alignment with amended Section 50.
5) Refund reforms (Rule 89, 95A, 96, RFD-01, RFD-10B):
- Refund claims for export of electricity must include REA data & tariff agreements (Statement-3B).
- Export refund value restricted to lower of FOB or invoice.
- Rule 95A omitted retrospectively (1.7.2019).
- IGST export refunds restructured: valid GSTR-3B filing compulsory; mismatches delay filing date; risk-based verification introduced; sub-rules (5A–5C) inserted for deemed RFD-01 transmission; older sub-rules omitted.
- RFD-10B omitted retrospectively.
6) Annual return & audit updates (GSTR-9/9C):
Instructions extended to FY 2021-22, including adjustments up to September 2022, HSN disclosure norms (6 digits for >₹5 cr turnover, 4 digits for B2B supplies ≤₹5 cr), and ITC reclaim rules.
7) ECO supply reporting in GSTR-3B (Table 3.1.1):
New Table 3.1.1 introduced to capture taxable supplies under Section 9(5) separately by ECO and supplier.
