Blog

Dec 16, 2018

Extension of due date for filing of FORM GSTR – 7 for the months of October, 2018 to December, 2018

<!-- wp:paragraph --> <p>The Central Board of Indirect Taxes and Customs Vide Notification No 66/2018 – Central Tax dated 29th November 2018 has extended the time limit for furnishing GSTR 7 (i.e. person who is required to deduct tax at source in accordance with the provisions of section 51 of CGST Act) till 31st January 2019. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>http://cbic.gov.in/resources//htdocscbec/gst/notfctn-66-central-tax-english2018.pdf </p> <!-- /wp:paragraph -->.....

Dec 16, 2018

Where Assistant Commissioner had cancelled registration of assessee on ground that it was not carrying any business and its business was lying closed, since assessee was not served with any show cause notice in proper mode as prescribed under Act and impugned order had been passed only on basis of prima facie opinion, said order was in violation of principles of natural justice and deserved to be set aside - Decision of High Court of Allahabad in Kashi Bartan Bhandar v. State of U.P.

<!-- wp:paragraph --> <p><strong>Facts of the case:</strong> </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>1. The Assistant Commissioner by an order dated 27-1-2018 had cancelled the registration of the assessee on the ground that it was not carrying any business and its business was lying closed. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>2. On writ petition, the assessee contended that (i) the impugned order was in violation of principles of natural justice as the show cause notice alleged to have been issued on 18-1-2018 was never sent in any proper mode as prescribed und.....

Jan 19, 2019

Waiver of late fee payable for delayed filing of FORM GSTR-3B and GSTR 1 for the period July, 2017 to September, 2018 in specified cases

<!-- wp:paragraph --> <p>The Central Board of Indirect Taxes and&nbsp; Customs Vide Notification No 75/2018 and 76/2018 – Central Tax dated 31<sup>st</sup> December 2018 has waived the late fees payable for delay in filing GSTR 1 and GSTR 3B for the periods July 2017 to September 2018 if the above stated returns are filed after 22<sup>nd</sup> December 2018 and before 31st March 2019.&nbsp; </p> <!-- /wp:paragraph --> <!-- wp:list --> <ul><li><a href="http://cbic.gov.in/resources/htdocs-cbec/gst/notfctn-75-central-tax-english-2018.pdf;jsessionid=E269D84579FCDB6E5872AB4721EDDECF"><strong>htt.....

Jan 19, 2019

Recommendations made during 31st GST Council Meeting

<!-- wp:paragraph --> <p>31<sup>st</sup> GST Council Meeting was held on 22<sup>nd </sup>December 2018. Major recommendations made were as follows:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The new return filing system to be introduced on a trial basis from 01.04.2019 and on mandatory basis from 01.07.2019. </li><li>The due date for furnishing the annual returns in FORM GSTR-9, FORM GSTR-9A and reconciliation statement in FORM GSTR-9C for the Financial Year 2017 – 2018 to be further extended till 30.06.2019. </li><li>The due date for furnishing FORM GSTR-8 by e-co.....

Jan 19, 2019

Extension of due date for furnishing ITC 04 till 31st March, 2019

<!-- wp:paragraph --> <p>ITC 04 is required to be filed by a tax payer by giving the details of goods dispatched to or received from job workers. Due date for filing the same is 25<sup>th</sup> of the month succeeding the quarter. The Central Board Of Indirect Taxes and Customs vide Notification No. 78/2018 – CT dated 31<sup>st</sup> December 2018 has extended the due date for furninshing ITC – 04 for the periods July 2017 to December 2018 till 31<sup>st</sup> March 2019.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-78-.....

Jan 19, 2019

No GST exemption on goods and service supply to Duty Free Shops (DFSs) at international Airports in India - Decision of High Court of Madhya Pradesh in Vasu Clothing(P) Ltd. v. Union of India

<!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The petitioner is a manufacturer and exporter of garments in India and specializes in manufacturing of highquality products for children with customer base in Middle East, South Africa and USA. He intends to supply goods to Duty Free Shops (DFSs) situated in the duty free area at international airports. The petitioner is aggrieved by the fact that the benefit available to him under the erstwhile central excise regime of removing goods from his factory to DFS located in the internat.....

Feb 26, 2019

Amendments to take effect under GST from 1st Feb 2019 - Mr. Harsh Vora (Manager, Indirect Taxation - Mumbai Branch)

<!-- wp:list {"ordered":true} --> <ol><li>Upper limit of turnover for opting of<br> composition scheme shall be raised<br> from Rs. 1 Cr to Rs. 1.5 Cr.</li><li>A Composite dealer (in goods) shall be allowed to supply services (other than restaurant services), for a value not exceeding - Higher of 10% of turnover in the preceding financial<br> year, or Rs. 5 lakh.</li><li>The threshold limit of Turnover for exemption from registration in the States of Assam, Arunachal Pradesh, Himachal Pradesh, Meghalaya, Sikkim and Uttarakhand shall be increased to Rs. 20,00,000 from Rs. 10,00,000.</li><li>Tax.....

Feb 26, 2019

Extension of due date for filing Form GSTR 7 for the month of January 2019

<!-- wp:paragraph --> <p>GSTR 7 is required to be furnished by a registered person who deducts tax at source under the provisions of section 51 of the CGST Act, 2017. The Central Board of Indirect Taxes and Customs Vide Notification No 08/2019 – Central Tax dated 8th January 2019 has extended the due date for filing GSTR 7 for the periods October 2018 to January 2019 till 28th February 2019.<br></p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-08-central-tax-english-2019.pdf;jsessionid=233302F5B964CFD46C5D00A5DBF19A2E</p> <!-- /wp.....

Feb 26, 2019

Advance Rulings – GST - Mr. Harsh Vora (Manager, Indirect Taxation - Mumbai Branch)

<!-- wp:paragraph --> <p><u>Introduction:</u><br> “Advance ruling” means a decision provided by the Authority or, as the case may be, the Appellate Authority to an applicant on matters or on questions specified in section 97(2) or section 100(1), as the case may be, in relation to the supply of goods or services or both being undertaken or proposed to be undertaken by the applicant – section 95(a) of CGST Act.<br> Application for advance ruling can be made in respect of supply ‘being undertaken’. Thus, a person can apply for advance ruling even in respect of an activity he is already.....

Mar 18, 2019

Increase in threshold limit of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017

<!-- wp:paragraph --> <p>The Central Board of Indirect Taxes and Customs Vide Notification No 14/2019 – Central Tax dated 07th March 2019 has increased the threshold limit of aggregate turnover to opt for composition scheme from 1 Crore to 1.5 Crores.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-14-central-tax-english-2019.pdf;jsessionid=7A6BD4ADAEB327BC9D6401EBAFA17229">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-14-central-tax-english-2019.pdf;jsessionid=7A6BD4ADAEB327BC9D6401EBAFA17229</a></p> <!-- /w.....

Mar 18, 2019

Nature of Supply of Priority Sector Lending Certificates (PSLC)

<!-- wp:paragraph --> <p>Earlier, Notification No. 11/2018-Central Tax (Rate) dated 28.05.2018 was issued to levy GST on trading of PSLC (Priority Sector Lending Certificates) on reverse charge basis from 28.05.2018 onwards to be paid by the buyer bank.The Central Board Of Indirect Taxes and Customs vide Circular No. 93/12/2019 - GST has clarified that nature of supply of PSLC<br> between banks may be treated as an inter-state supply of goods. Accordingly, IGST shall be payable on the supply of PSLC traded over e-Kuber portal of RBI for both periods i.e 01.07.2017 to 27.05.2018 and from 28.05......

Mar 18, 2019

Discontinuation of printing of Advance Authorisations / Export Promotion Capital Goods (EPCG) Authorisations on security paper by DGFT for authorisations issued with EDI ports as port of registration

<!-- wp:paragraph --> <p>In order to enhance the ease of doing business for exporters, DGFT vide Circular No. 07/2019 dated 21st February 2019 has decided to discontinue the issuance of Advance/EPCG Authorisations on security paper as was the practice so far. This shall come into effect for authorisations issued from 01.03.2019 onwards for cases where the port of registration is an EDI port. Advance/EPCG Authorisations shall continue to be transmitted electronically by DGFT to the Customs server. The details of the said authorisations would be visible in ICES to all officers involved in import.....

Apr 18, 2019

Decisions taken in 34th GST Council Meeting held on 19th March 2019

<!-- wp:paragraph --> <p>34th GST Council Meeting was held on 19th March 2019 in which decisions relating to GST Rates for Real Estate Sector were taken. Summary of Rates effective from 01-04-19 are as follows:<br><u>New Tax Rates and its Conditions</u><br>New GST rate @ 1% on the construction of affordable houses is available for the following:</p> <!-- /wp:paragraph --> <!-- wp:list --> <ul><li>In the case of new projects, houses which meet the definition of affordable houses as decided by GST Council (i.e. non-metros – area of 90 sqm and metros – area of 60 sqm and value up to INR 45 L.....

Apr 18, 2019

Extension of due date for furnishing ITC 04 till 30th June, 2019

<!-- wp:paragraph --> <p>ITC 04 is required to be filed by a tax payer by giving the details of goods dispatched to or received from job workers. Due date for filing the same is 25th of the month succeeding the quarter. The Central Board Of Indirect Taxes and Customs vide Notification No. 15/2019 – CT dated 28th March 2019 has extended the due date for furninshing ITC – 04 for the periods July 2017 to March 2019 till 30th June 2019.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-15-central-tax-english-2019.pdf;jsessio.....

Apr 18, 2019

Extension of due date for furnishing GSTR 1 of March 2019 till 13th April 2019

<!-- wp:paragraph --> <p>The Central Board of Indirect Taxes and Customs video Notification No. 17/2019 has extended the due date for filing GSTR 1 for the month of March<br>2019 from 10th April 2019 to 13th April 2019.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-17-central-tax-english-2019.pdf;jsessionid=D8AC075BF7E8C6CA3CFA1BC1E2529798">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-17-central-tax-english-2019.pdf;jsessionid=D8AC075BF7E8C6CA3CFA1BC1E2529798</a></p> <!-- /wp:paragraph -->.....

May 16, 2019

Clarification regarding filing of application for revocation of cancellation of registration

<!-- wp:paragraph --> <p>Section 29 of CGST Act, 2017 empowers a proper officer to cancel the registration, including from a retrospective date, of a registered person on account of non-furnishing of returns in FORM GSTR-3B or FORM GSTR-4. Section 30 of the said Act provides an option for such persons to apply for revocation of cancellation of registration within 30 days of cancellation of registration. The Central Board of Indirect Taxes and Customs vide Circular No. 99/18/2019-GST dated 23/04/2019 has clarified the provisions regarding the filing of application for revocation of cancellation.....

May 16, 2019

Provisions of rule 138E of the CGST Rules notified – Restriction on generation of e-way bill

<!-- wp:paragraph --> <p>As per Rule 138E, if an assessee, who is a composition dealer has not filed GST returns for two consecutive tax periods, e-way bill cannot be generated for making supply to him. In case of assessees other than composition dealers, if they do not file their GST returns for a consecutive period of two months, e-way bill cannot be generated for making supply to him.The Central Board of Indirect Taxes and Customs vide Notification No. 22 /2019 – Central Tax dated 23/04/2019 has notified 21-06-2019 as the date from which Rule 138E shall come into force.</p> <!-- /wp:parag.....

May 16, 2019

Extension of due date for furnishing GSTR 1 and GTSR 3B for registered persons in specified districts in Odisha till 10th June and 20th June respectively

<!-- wp:paragraph --> <p>GSTR 1 and GSTR 3B for the month of April 2019 has to be filed by 10<sup>th</sup> May 2019 and 20<sup>th</sup> May 2019 respectively. The Central Board Of Indirect Taxes and Customs vide Notification No. 23/2019 – CT dated 11<sup>th</sup> May 2019 has extended the due date for furninshingGSTR 1 for April 2019 till 10<sup>th</sup> June 2019 for registered persons in specified districts in Odisha. Similarly, due date for furnishing GSTR 3B of April 2019 has been extended till 20<sup>th</sup> June 2019 forregistered persons in specified districts in Odisha.</p> <!-- /wp.....

May 16, 2019

Interest for late payment of GST payable on gross tax liability and not after set-off of Input Tax Credit

<!-- wp:list --> <ul><li>Vide Decision Of High Court Of Telangana in Megha Engineering and Infrastructures Ltd. v. Commissioner of Central Tax</li></ul> <!-- /wp:list --> <!-- wp:paragraph --> <p>Facts of the case: </p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>Case of the petitioner is that the GST portal is designed in such a manner that unless the entire tax liability is discharged, the system will not accept the return in Form GSTR-3B. For example, even if an assessee was entitled to set off to the extent of 95% by utilizing ITC, the return cannot be filed unless t.....

Jun 20, 2019

Amendment for Para 6 in Guidelines for launching of Prosecution in relation to offences punishable under the Customs Act, 1962-reg

<!-- wp:paragraph --> <p>Customs vide circular No. 12/2019-Customs dated 24-05-2019 amends para 6 of Circular no. 27/2015 which consists launching Prosecution immediately on completion of adjudication proceedings. But for some cases involving offences relating to items i.e. FCIN, arms, ammunitions and explosives, antiques, art treasures, wild life items and endangered species of flora and fauna may be preferably launched immediately after Issuance of Show Cause Notice (SCN). This Circular Includes that in case of involvement of Foreign National(s), Prosecution may be launched at the earliest, .....

Sep 23, 2019

Waiving of to file FORM ITC-04 for Financial years 2017-18 & 2018-19

<!-- wp:paragraph --> <p>GST wide Notification no. 38/2019 dated 31st August, 2019 Waives to file FORM ITC-04 for period&nbsp; from July,2017 to march,2019.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Inputs, Semi finished goods or capital goods shall be sent to the job worker under the cover of a challan issued by the principal(Registered Person) including where such goods are sent directly to job worker.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>The Principal (Registered Person) is required to file FORM ITC-04 every quarter stating the said details.</p> <!-- /wp:paragraph.....

Sep 23, 2019

Section 103 of Finance (No. 2) Act, 2019 coming into Force

<!-- wp:paragraph --> <p>GST Wide Notification No.39/2019 dated 31st August, 2019 appoints 1st September, 2019 as the date from which Section 103 of Finance Act (NO.2), 2019 will come into force.<br> Section 103 inserts Section 54(8A) in CGST Act which states that the government may disburse the refund of the state tax in such a manner as may be prescribed.<br></p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>.<a href="http://www.cbic.gov.in/resources/htdocs-cbec/gst/notfctn-39-central-tax-english-2019.pdf;jsessionid=E8B5417A96760713EDF3D0C82C3388C2">http://www.cbic.gov.in/resources//htdo.....

Sep 23, 2019

Rectification of mistakes/errors in GSTR-3B manually

<!-- wp:paragraph --> <p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vide Decision of High court of Andhra Pradesh in Panduranga Stone Crushers Vs. Union of India.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>Applicant (panduranga stone crushers)for the months of July, 2017 to march, 2018 the petitioner submitted GSTR-3B returns through GST portal as required under law.</li><li>The Petitioner while claiming IGST Input, the petitioner is inadvertently and by mistake reported IGST i.....

Sep 23, 2019

Determination of location of State bench of tribunal is in domain of central government; role of state government is confined to determine place of area benches

<!-- wp:paragraph --> <p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vide Decision of High court of Allahabad in Torque Pharmaceuticals (P.) Ltd. Vs Union of India.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The assessee filed a writ petition in respect of constitution of a Bench of Appellate Tribunal in Uttar Pradesh and had drawn the attention of the Court to the provisions of section 109(6) of Central Goods and Service Tax Act, 2017.</li></ol> <!-- /wp:list --> <!-- wp:parag.....

Oct 16, 2019

Filing of Annual return is made optional for businesses having turnover less than Rs. 2 crores

<!-- wp:paragraph --> <p>GST wide notification No. 47/2019 dated 09<sup>th </sup>October 2019 on the recommendations of the council notifies that registered persons whose aggregate turnover in a financial year does not exceed two crore rupees in respect of financial years 2017-18 and 2018-19, are having the option to furnish the annual return.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-47-central-tax-english-2019.pdf;jsessionid=351C29506073E73E96266EFB7E2DB4A9">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-3B for the months from October 2019 to March 2020

<!-- wp:paragraph --> <p>GST wide Notification no. 44/2019 dated 09th October, 2019 prescribes the due date for furnishing FORM-GSTR-3B for the months from October, 2019 to March, 2020 shall be furnished electronically through common portal, <strong>on or before the 20th day</strong> of the month succeeding such month.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-44-central-tax-english-2019.pdf;jsessionid=92DCCE2341F99AB6331DC2C3BFF237D3">http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-44-central-tax-english-2.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-1 for the registered persons (aggregate turnover upto 1.5 crores) for months from October, 2019 to March,2020

<!-- wp:paragraph --> <p>GST Wide Notification  No. 45/2019 dated 09<sup>th</sup> October, 2019 prescribes the due date for furnishing FORM-GSTR-1 (details of outward supply of goods and/or services)  for the registered person having turnover upto 1.5 croresfor the months from October, 2019 to December 2019 shall be furnished with in 31<sup>st </sup>January,2020 and for the months from January, 2020 to march, 2020 shall be furnished with in 30<sup>th </sup>April, 2020.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-45-c.....

Oct 16, 2019

Prescribing the due date for filing return in FORM-GSTR-1 for the registered persons (aggregate turnover more than 1.5 crores) for months from October, 2019 to March,2020

<!-- wp:paragraph --> <p> GST Wide Notification  No. 46/2019 dated 09th OCtober, 2019 prescribes the due date for furnishing FORM-GSTR-1 (deails of outward supply of goods and/or services)  for registered persons having Turnover more than 1.5 crores for the months from October, 2019 to March, 2020 shall be furnished electronically through common portal till the eleventh day of the month succeeding such month. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-46-central-tax-english-2019.pdf;jsessionid=188FA703E5BDB7F27E6.....

Jan 21, 2020

Reverse charge mechanism (RCM) on renting motor vehicles

<!-- wp:paragraph --> <p>GST vide Circular No. 130/2019 dated 31<sup>st </sup>December, 2019 Clarifies RCM on renting of motor vehicles.</p> <!-- /wp:paragraph --> <!-- wp:list --> <ul><li>GST applicability on renting of motor vehicles: Suppliers of service by way of renting of any motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient have an option to pay GST either at 5% with limited ITC (of input services in the same line of business) or 12% with full ITC. </li><li>By 37<sup>th </sup>GST council meeting, Sl.No......

Jan 21, 2020

Standard Operating Procedure to be followed in case of non-filers of returns

<!-- wp:paragraph --> <p>GST vide Circular No. 129/48/2019 dated 24<sup>th</sup> December 2019 clarifies the issue and to ensure uniformity in the implementation of the provisions of the law across field formations with respect to appropriate procedure to be followed in case of non-furnishing of return under section 39 (monthly returns) or 44 (annual return) or 45 (final return) of the CGST Act, 2017.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>The clarification is as follows,</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>As per section 46 of the CGST Act, 2017, It is required .....

Feb 21, 2020

Introduction of Standard Operating Procedure (SOP) to be followed by exporters

<!-- wp:paragraph --> <p> GST vide Circular No. 131/2020 dated 23<sup>rd</sup> January 2020 directs a Standard Operating Procedure (SOP) to be followed by exporters to mitigate the risk of monetization of credit fraudulently obtained or ineligible credit through a refund of Integrated Goods &amp; Service Tax (IGST) on exports by creating fake invoices. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://cbic.gov.in/resources//htdocs-cbec/gst/circular-cgst-131-new.pdf">http://cbic.gov.in/resources//htdocs-cbec/gst/circular-cgst-131-new.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Valuation of Supply in case of lottery run by the state government

<!-- wp:paragraph --> <p>GST vide Notification No. 08/2020 dated 2<sup>nd</sup> March 2020 determines the value of supply of a lottery shall be deemed to be 100/128 of the face value of the ticket or of the price as notified in the Official Gazette by the Organising State, whichever is higher.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-08-central-tax-english-2020.pdf">http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-08-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Exempting Foreign Airlines from furnishing reconciliation statement in FORM GSTR – 9C

<!-- wp:paragraph --> <p>GST vide Notification No. 09/2020 dated 17<sup>th</sup> March 2020 determines that the foreign companies in the airline business shall not be required to furnish GSTR-9C. Provided that a statement of receipts and payments for the financial year in respect of its Indian Business operations, duly authenticated by a practicing Chartered Accountant in India or a firm or a Limited Liability Partnership of practicing Chartered Accountants in India is submitted for each GSTIN by the 30th September of the year succeeding the financial year. </p> <!-- /wp:paragraph --> <!-- wp.....

Oct 17, 2020

special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

<!-- wp:paragraph --> <p>GST vide Notification Nos. 11/2020 &amp; 39/2020 dated 21<sup>st </sup>March 2020 &amp; 5<sup>th</sup> May respectively notifies that those registered persons, who are corporate debtors under the provisions of the insolvency bankruptcy code, 2016 undergoing the corporate insolvency resolution process and the management of whose affairs are being undertaken by interim resolution professionals (IRP) or resolution professionals (RP), as the class of persons who shall follow the following special procedure from the date of the appointment of IRP/RP till the period they und.....

Oct 17, 2020

Extension of due date for filing Form-GSTR-04

<!-- wp:paragraph --> <p> GST vide Notification No. 64/2020 dated 31<sup>st</sup> August, 2020 extends due date for filing of form GSTR-04 to 31<sup>st</sup> of October 2020. </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-64-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-64-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Oct 17, 2020

Extension of due date by furnishing of form GSTR-3B for supply made in the month of August,2020 for taxpayers with annual turnover up to Rs.5 Crores.

<!-- wp:paragraph --> <p> GST vide Notification Nos. 54/2020 dated 24<sup>th </sup>June, 2020, it has been issued that for tax payers having turnover upto Rs. 5 crores based on their principal place of business due date for filing of form GSTR-3B has been extended to October 1, 2020 and October 3, 2020 respectively(basis for Principle place of business is in the original notification accessed through link). </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-54-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources/.....

Jan 23, 2021

Extension of due date for filing annual return under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 95/2020 dated 30<sup>th</sup> December, 2020 has extended the due date for filing GSTR-9 and GSTR-9C  for FY 2019-20 to 28<sup>th</sup> February, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

Jan 23, 2021

Waiver of Late Fees in respect of Filing of Form GSTR-4

<!-- wp:paragraph --> <p>GST vide Notification No. 93/2020 dated 22<sup>nd</sup> December, 2020 has stated that the late fee payable for delay in furnishing of FORM GSTR-4 for</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>the Financial Year 2019-20 from the 1<sup>st</sup> November,2020 till 31st December, 2020 shall stand waived for the registered person whose</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p>principal place of business is in the Union Territory of Ladakh.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst.....

Mar 19, 2021

Standard Operating Procedures (SOP) for implementation of the provision of suspension of GST registrations

<!-- wp:paragraph --> <p>GST vide Circular No. 145/01/2021 dated 11th February, 2021 has issued SOPs for implementation of the provision of suspension of GST Registrations.<br> i) Suspension of Registration shall be intimated in Form GST REG-31<br> ii) Such notice/intimation shall be made available to the taxpayer on their dashboard on common portal in FORM GST REG-17.<br> iii) The taxpayers, whose registrations are suspended would be required to furnish reply to the jurisdictional tax officer within thirty days in FORM GST REG-18<br> iv) Proper officer, post examination of the response receiv.....

Mar 19, 2021

Extension of due date for filing Annual return under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 04/2021 dated 28th February, 2021 has extended the due date for filing GSTR-9 and GSTR-9C for FY 2019-20 to 31st March, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-95-central-tax-english-2020.pdf</a></p> <!-- /wp:paragraph -->.....

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