Latest GST News, Information, Notifications & Announcements

Latest GST Notifications - TallySumathy.com

Notification issued on 5th May 2020

  1. Notification No. 38/2020 5th May, 2020 –Central Tax : Companies can file GSTR-3B using EVC option until 30th June 2020

Registered person registered under the provisions of the Companies Act, 2013 (18 of 2013) shall, during the period from the 21st day of April, 2020 to the 30th day of June, 2020, also be allowed to furnish the return under section 39 in FORM GSTR-3B verified through electronic verification code (EVC).

Registered person who is required to furnish a Nil return under section 39 in FORM GSTR-3B for a tax period, any reference to electronic furnishing shall include furnishing of the said return through a short messaging service using the registered mobile number and the said return shall be verified by a registered mobile number based One Time Password facility.

Nil GSTR-3B to be allowed to be filed by an SMS (date of applicability yet to be notified)

GSTR3B with EVC

 

 

 

 

 

 

 

 

2. Notification No. 39/2020 5th May, 2020 –Central Tax : Amendments made to special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

The Interim Resolution Professional (IRP) must obtain separate GST registration in every state/Union Territory, where the corporate debtor was earlier registered. The time limit allowed is later of either thirty days from his appointment or 30th June 2020.

The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification No. 11/2020-Central Tax, dated the 21st March, 2020, published vide number G.S.R. 194(E), dated the 21st March, 2020. shall not apply to those corporate debtors who have already filed GSTR-1 and GSTR-3B returns for all the tax periods prior to the appointment of the IRP.

 

3. Notification No. 40/2020 5th May, 2020 –Central Tax : Further extension to the validity of e-way bills

Where an e-way bill has been generated under rule 138 of the Central Goods and Services Tax Rules, 2017 generated on or before 24th March 2020 remains valid until 31st May 2020, if its validity period expires anytime between 20th March 2020 and 15th April 2020.

 

4. Notification No. 41/2020 5th May, 2020 –Central Tax : A further extension granted for filing annual returns (GSTR-9) and reconciliation statement (GSTR-9C) for FY 2018-19 until 30th September 2020.

The Commissioner, on the recommendations of the Council, hereby extends the time limit for furnishing of the annual return specified under section 44 of the said Act read with rule 80 of the said rules, electronically through the common portal, for the financial year 2018-2019 till the 30th September,2020.

 

5. Notification No. 42/2020 5th May, 2020 –Central Tax : Extension for filing GSTR-3B for tax payers in the UT of Jammu & Kashmir and UT of Ladakh.

GSTR3B Duedates - UT

 

 

 

 

 

 

The return in FORM GSTR-3B of the said rules for the months of November, 2019 to February, 2020 for registered persons whose principal place of business is in the Union territory of Jammu and Kashmir, shall be furnished electronically through the common portal, on or before the 24th March, 2020.

The return in FORM GSTR-3B of the said rules for the months of November, 2019 to December, 2019 for registered persons whose principal place of business is in the Union territory of Ladakh, shall be furnished electronically through the common portal, on or before the 24th March, 2020.

The return in FORM GSTR-3B of the said rules for the months of January, 2020 to March, 2020 for registered persons whose principal place of business is in the Union territory of Ladakh, shall be furnished electronically through the common portal, on or before the 20th May,2020.

Please check our blog, We will update you the latest notification & amendments as and when it is been announced.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

151 Shortcut Keys in Tally