An important update concerning Goods and Service Tax (GST) in India

We have an important update for you regarding GST rules in India. In case you were issued invoices raised by Hapag-Lloyd AG between April 2021 - March 2022, we request you to kindly review the following information carefully and take appropriate actions to avoid any disruptions.

“Section 34 (2) of Central Goods and Sales Act prescribes that credit notes issued against invoices raised during the period April 2021 to March 2022 cannot be reported in the GSTR 1 after filing the return for September 2022 or the annual return for FY 2021-22; whichever is earlier.”

Therefore, credit notes, if any, pertaining to invoices raised between April 2021 to March 2022 must be raised and reported in the GSTR 1 return of September 2022. Accordingly, any errors or omissions in the invoices or credit notes raised to your organization must be reported to us so that necessary action can be taken in the GSTR 1 return of September 2022. 

Kindly note we require sufficient time to rectify the errors, as our system will close end September 2022 and therefore, we request you to kindly revert with your GST related queries on or before August 31, 2022 (EOD) on the following email address:

[email protected]

Unfortunately, any query received after August 31, 2022, will not be accepted and Hapag-Lloyd AG will not be liable for any GST loss that may occur.