Notification No. 77/2020 – Central Tax dated 15-10-2020
Optional filing of Annual Return extended to FY 2019-20– CBIC extends benefit of optional filing of annual return for registered persons whose aggregate turnover in a financial year does not exceed Rs 2 crore, for FY 2019-20 as well. The benefit was already there for Financial Year 2017-18 and 2018-19. This means that such taxpayers are not required to furnish Annual Return for 2019-20 and they can choose to not to file such return. However, if they want they can definitely file the same.
Filing Nil returns through SMS facility-Rule 67A of CGST Rules 2017 Amended
Relaxation in E-way bill generation –Fourth proviso to Rule 138E
GST DRC-01A- Rule 142(1A) of CGST Rules 2017 Amended
Ministry of Finance
(Department of Revenue)
(Central Board of Indirect Taxes And Customs)
Dated: 15th October, 2020
G.S.R. 637(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby makes the following amendment in the notification of Government of India in the Ministry of Finance, (Department of Revenue), No. 47/2019 – Central Tax dated the 9th October, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 770(E), dated the 9th October, 2019, namely: –
In the said notification in the opening paragraph, for the words and figures “financial years 2017-18 and 2018-19”, the words and figures “financial years 2017-18, 2018-19 and 2019-20” shall be substituted.
[F. No. CBEC-20/06/09/2019-GST]
PRAMOD KUMAR, Director
Note: The principal notification No. 47/2019 – Central Tax, dated the 9th October, 2019 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 770(E), dated the 9th October, 2019.
Also Read other notifications issued by CBIC on 15th October 2020.
|GST Audit relaxation to SMEs to continue in FY 2019-20||Notification No. 79/2020-Central Tax/G.S.R. 639(E)||15/10/2020|
|HSN Code Mandatory irrespective of Turnover from 01.04.2021||Notification No. 78/2020-Central Tax/G.S.R. 638(E)||15/10/2020|
|Optional annual GST return filing benefit extended to FY 2019-20||Notification No. 77/2020-Central Tax/G.S.R. 637(E)||15/10/2020|
|CBIC notifies GSTR-3B due date for October 2020 to March 2021||Notification No. 76/2020-Central Tax/G.S.R. 636(E)||15/10/2020|
|CBIC notifies GSTR-1 due date for dealers with T.O. exceeding ₹ 1.5 Cr||Notification No. 75/2020-Central Tax/G.S.R. 635(E)||15/10/2020|
|CBIC notifies GSTR-1 due date for dealers with T.O. < Rs. 1.5 Cr||Notification No. 74/2020-Central Tax/G.S.R. 634(E)||15/10/2020|
|HSN Code on GST Tax Invoice Mandatory wef 01st April 2021||Notification 06/2020–Integrated Tax/G.S.R. 640(E).||15/10/2020|