As you are aware, the Finance Act, 2022 proposed to change due dates of following GST compliances of any Financial Year (‘FY’) from due date of filing of GSTR-3B of September of succeeding FY to November 30 of succeeding FY or date of filing annual return, whichever is earlier:

• Last date of availing ITC
• Furnishing of details of Credit Notes in GSTR-1
• Rectification of GSTR-1
• Rectification of GSTR-3B

Notably, the abovementioned amendments have not been made effective yet.

NITYA Comments: Since the above amendments have not been made effective, due date of abovementioned compliances for FY 2021-22 continues to be due date of filing GSTR-3B of September 2022 (October 20, 2022) or actual date of filing annual return for FY 2021-22, whichever is earlier.  

Considering this, taxpayers must factor in limited time for availing any missed ITC, furnishing details of Credit Notes in GSTR-1 or rectifying returns for FY 2021-22 and accordingly timely undertake ITC & other reconciliations. 

Hope you find this an interesting read! Please feel free to share your comments / feedback.