29th Amendment to the Goods and Services Tax Regulation

On 27 November 2022, the 29th Amendment to the Goods and Services Tax Regulation (Regulation Number 2011/R-43) was published in the Government Gazette. Below are some notable changes that may have an impact on taxpayers following the amendment.

Submission of GST Returns online

The amendment requires taxpayers that meet any of the following criteria to submit the GST return online via MIRAconnect.

  1. Persons whose past total annual income is equal or more than MVR 2.5 million
  2. Persons who are required under a tax act or regulation to file any tax return online via MIRAconnect.

Amending GST Returns without a formal review process

In addition to the above, the amendment also repealed Tax Ruling TR-2015/G26 (Amending GST returns) which sets out the MIRAs review process in accepting the GST return amendments which leads to a lower tax liability. In this regard, with the 29th Amendment, Amended GST Returns will be accepted by MIRA without a review even in situations where the return amendment leads to a lower GST liability compared to the GST liability declared in the most recent return filed for that period.

Effective date

The amendment takes effect from 27 November 2022.