CGST (14th Amendment) Rules 2020 – Highlights / Key Amendments introduced

CGST (14th Amendment) Rules 2020 – Highlights / Key Amendments introduced

Central Government, on the recommendations of the Council has notified the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020

Highlights / Key Amendments introduced CGST (Fourteenth Amendment) Rules 2020:

Application for GST Registration (Rule 9)

Application to be followed by followed by biometric-based Aadhaar authentication and taking photograph / KYC of the applicant.

Time Limit for grant of GST Registration (Rule 

Time for grant of Registration has been increased to seven days from three days.

Cancellation of GST Registration (Rule 21) 

More conditions added for cancellation of GST Registration.

Suspension of GST Registration (Rule 21A)

Proper Officer may suspend the Registration without affording the reasonable opportunity of being heard.

The registration shall be suspended if an analysis of GSTR-1 of the taxpayer and suppliers / other analysis shows significant differences or anomalies.

Limit of 10 per cent for claiming ITC reduced (Rule 37)

10 % cap of claiming ITC in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers has been reduced to 5 per cent.

Restrictions on use of amount available in electronic credit ledger (Rule 86A)

It has been provided that taxpayers shall not use the amount available in electronic credit ledger to discharge his liability towards output tax in excess of ninety-nine per cent. of such tax liability.

Read Notification for more changes.

 Download Notification Click Here >>

• RBI specifies ‘Related Party’ with respect to banks
• Advisory on Filing Opt-In Declaration for Specified Premises, 2025
• FAQs for HSNS Cess Act, 2025 and HSNS Cess Rules, 2026
• Refusing to condone delay can result in a meritorious matter thrown out at threshold
• Prior period income cannot be considered as income of the current year