New Changes in GST RFD 01 Form Announced by Delhi Govt Officials

The Delhi Government announced the Delhi GST (Goods and Services Tax) (Seventh Amendment) Rules, 2019. The announcement attempts to change the Delhi GST Rules Get to know GST provisions and rules on the free supply of goods. Also, we have included rules regarding ITC reversal on free supplies of goods and services, 2017 which is liable from 14th November 2019.

Latest Update

27th September 2021

• “The CBIC has added the eighth amendment rules, 2021 related to GST Reg.21 under rule 23 and RFD-01 under rule 89.” Read Circular

In the Delhi Goods and Services Tax Rules, 2017 in FORM GST RFD-01, substituted various statement in Annexure 1 namely, the Statement 1A pertaining to ITC accumulated due to inverted tax structure; Statement 2 pertaining to Export of services with payment of tax; Statement 3 pertaining to Export without payment of tax; Statement 4 pertaining to On account of supplies made to SEZ unit or SEZ Developer; Statement 4A pertaining to refund by SEZ on account of supplies received from DTA with payment of tax; Statement 5 pertaining to the refund type On account of supplies made to SEZ unit or SEZ Developer (without payment of tax); Statement 5B pertaining to refund type on account of deemed exports claimed by the supplier; and Statement 6 pertaining to refund type on account of change in POS (inter-state to intra-state and vice versa).

“It is mandatory to file all FORM GSTR-1 and FORM GSTR-3B View and download the latest PDF format of GST form GSTR 1, GSTR 3B and GSTR 4 in a single click. Also, we added the filing guide of all forms for the financial year for which the return is being filed for before filing this return and for FY 2017-18, the details for the period between July 2017 to March 2018 are to be provided in this return,”

For the fiscal year 2018-19, the information about ITC for goods and services collected in the earlier financial year whereas ITC for similar was redeemed on the returns from the month April 2019 to September 2019 must be declared here. Table 4(A) of FORM GSTR-3B might be used for filling up this information.

For Financial Year 2017-18 and 2018-19, the enrolled person will have the choice of not filling the table. Although ITC reversed in FY 2018-19 according to the second planning of subsection (2) of section 16 while it was claimed again, this reclaim of ITC will be furnished in the annual return for the FY 2019-20.

It has also said in the notification that Part B has been included in the GSTR-9C concerned with the reconciliation statement and audit The audit report for the F.Y. 2017-18, is to be filed by August 31st. This F.Y. is the first year of the GST regime. Businesses with an annual turnover of over is relevant to the same person.