CBDT has recently issued Notification No. 09/2020– Central Tax on 16/03/2020, Notification No. 10/2020–Central Tax to Notification No. No. 14/2020–Central Tax on 21st March 2020 and Notification No. 15/2020-Central Tax to Notification No. 29/2020-Central Tax on 23/03/2020. In addition to that CBIC issued one Central Tax Circulars on 18/03/2020 and two Circulars on 23/03/2020. This Article summarises the same-
|CBIC notifies GSTR-3B with due dates for April 2020 to September 2020||Notification No. 29/2020-Central Tax||23/03/2020|
|Due date of monthly GSTR-1 for first 6 Months of Year 2020-21||Notification No. 28/2020-Central Tax||23/03/2020|
|Due date of quarterly GSTR-1 for first 2 quarters of Year 2020-21||Notification No. 27/2020-Central Tax||23/03/2020|
|Due date of Monthly GSTR-3B (July 19 – Sep 19) extended for erstwhile J&K State||Notification No. 26/2020-Central Tax||23/03/2020|
|Due date of Monthly GSTR-3B (Oct 19 – Feb 20) extended for erstwhile J&K State||Notification No. 25/2020-Central Tax||23/03/2020|
|Due date of Sep-19 Qtr GSTR-1 extended for erstwhile J&K State||Notification No. 24/2020-Central Tax||23/03/2020|
|Due date of Monthly GSTR-1 (July 19 to Sep 19) extended for erstwhile J&K State||Notification No. 23/2020 – Central Tax||23/03/2020|
|Due date of Monthly GSTR-1 (Oct 19 to Feb 20) extended for erstwhile J&K State||Notification No. 22/2020-Central Tax||23/03/2020|
|Due date to furnish Dec-19 Quarter GSTR-1 extended for erstwhile State of J&K||Notification No. 21/2020-Central Tax||23/03/2020|
|Due date for furnishing GSTR-7 extended for erstwhile State of J&K||Notification No. 20/2020-Central Tax||23/03/2020|
|Persons other than individuals who must do Aadhaar authentication for GST Registration||Notification No. 19/2020 – Central Tax||23/03/2020|
|Aadhaar number authentication must for GST registration wef 01.04.2020||Notification No. 18/2020-Central Tax||23/03/2020|
|CBIC specifies class of persons exempt from aadhar authentication||Notification No. 17/2020-Central Tax||23/03/2020|
|Central Goods and Services Tax (Third Amendment) Rules, 2020
Multiple amendments to CGST rules. (Eg. Registrations : Aadhaar authentication and physical verification, Refund of excess tax paid using credit, Exemption from GSTR-9C,..etc)
|Notification No. 16/2020-Central Tax||23/03/2020|
|GSTR-9 & GSTR-9C due date extended to 30.06.2020 for FY 2018-19
Extension of due date for annual returns for FY 2018-19 from 31 Mar 2020 to 30 Jun 2020
|Notification No. 15/2020-Central Tax||23/03/2020|
|Deferment of implementation date of QR Code||Notification No. 14/2020–Central Tax [G.S.R. 197(E)]||21/03/2020|
|GST E-Invoice exemption & Deferment of implementation date notified
Exemption from E-invoicing for B2B for certain category of persons 54(2):an insurer or a banking company or a financial institution, including a non-banking financial company, 54(3)goods transport agency , 54(4) passenger transportation service and 54(4A) admission to exhibition of cinematograph films in multiplex screens
|Notification No. 13/2020–Central Tax [G.S.R. 196(E)]||21/03/2020|
|Exemption from filing CMP-08 / GSTR-1 if filed GSTR-3B for FY 2019-20
If any of the people opted for composition scheme, but filed GSTR-3B instead of CMP-08 for any of the period in 2019-20, they don’t have to file GSTR-1 for that period.
|Notification No. 12/2020–Central Tax [G.S.R. 195(E)]||21/03/2020|
|Special GST procedure for corporate debtors undergoing insolvency resolution process
Special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
The interim resolution professionals (IRP) or resolution professionals (RP), should obtain new registration for all the locations and start filing returns.
|Notification No. 11/2020–Central Tax [G.S.R. 194(E)]||21/03/2020|
|Special procedure for Merged UTs of Daman & Diu & Dadra & Nagar Haveli
Special procedure for transition for taxpayers in Dadra and Nagar Haveli and Daman and Diu consequent to merger of the two UTs. Similar to the one provided for Jammu & Ladakh.
Change in the tax period of Jan, Option to transfer the credit, Payment of appropriate tax irrespective of the tax charged on the invoice. Etc.
|Notification No. No. 10/2020–Central Tax [G.S.R. 193(E)]||21/03/2020|
|Govt exempts foreign airlines from furnishing Form GSTR-9C||Notification No. 09/2020– Central Tax [G.S.R. 179 (E)]||16/03/2020|
Details of the Central GST Circular is as follows-
|Clarification on issues under GST for companies under IBC, 2016||Circular No. 134/04/2020-GST||23/03/2020|
|Apportionment of ITC in cases of business reorganization||Circular No. 133/03/2020-GST||23/03/2020|
|GST Appeal in regard to non-constitution of Appellate Tribunal||Circular No. 132/2/2020 – GST||18/03/2020|