One of the most significant issues surfacing in the GST law is the lack of consensus between the Legislature and the Government in implementing the same. Resultantly, the colossal gap exists between the substantive law vis-à-vis the procedural law. The latest example is the retrospective amendment of Rule 61(5) of the Central Goods and Services Tax Rules, 2017 (‘CGST Rules’) vide Notification No.49/2019–CT dated October 9, 2019. This amendment effectively replaces the now redundant Form GSTR-3 with Form GSTR-3B with effect from July 1, 2017.

In this context, find attached our article titled “A retrospective amendment under GST law – A dead claim of interest, coming alive?” providing critical analysis by our Managing Partner, Mr. Puneet Bansal, and Associate, Mr. Shivam Bansal.

A retrospective amendment under GST law – A dead claim of interest, coming alive