Analysis of GST Notifications issued on 09th June 2020

CA Pooja Mehra

Central Government has issued 3 Notification on 9^th June 2020. Details, explanations and impact of all these Notifications been summarised precisely herein

Notification No. 45/2020 Central Tax w.e.f. 31-05-2020

Central government has amended notification number.10/2020 – Central tax dated 21^st March 2020 by substituting 31^st day of May 2020 mentioned in first paragraph by 31^st day of July 2020 in the said notification.

Impact of this notification is as follows:

Those persons whose principal place of business or place of business was in the erstwhile Union territory of Daman and Diu or in the erstwhile Union territory of Dadra and Nagar Haveli till the 26^th January 2020 & in the merged Union territory of Daman and Diu and Dadra and Nagar Haveli from the 27^th January, 2020 onwards, shall follow the following special procedure till 31^st May 2020 31^st July 2020 as mentioned below:

♦ Tax period has been specified for filing return are as follows:

(a) January, 2020: 1^st January 2020 to 25^th January 2020

(b) February, 2020: 26th January, 2020 to 29th February, 2020

♦ Irrespective of tax charged in invoices or in other documents raised from 26^th January 2020 till the transition date, pay applicable tax in return.

♦ An option has been provided to transfer ITC from erstwhile union territory to new union territory after filing return for the month of Jan 2020.

Notification No. 46/2020 Central Tax w.e.f. 20-03-2020

Government hereby notifies that in case where a notice has been issued for rejection of refund claim, in full or in part & where time limit for issuance of order (i.e. 60 days From receipt of application) falls during the period From 20^th March 2020 to 29^th June 2020 in such cases the time limit for issuance of said order shall be extended to 15 days after receipt of reply of notice from registered person or 30^th June 2020, whichever is later.

In simple words, If refund order date falls between 20^th March to 29^th June 2020 in that case refund order can be issued within 75 days (i.e. 60 + 15 Days) of receipt of reply of notice or 30^th June 2020, whichever is later.

Notification No. 47/2020 Central Tax w.e.f. 31-05-2020

E-way bills generated on or before 24^th March, 2020 & whose validity has expired on or after 20th March 2020, shall be deemed to valid till 30th June 2020.