Validity of E-way Bill (EWB) shal be deemed to have been extended till 30th June, 2020; where EWB was generated on or before 24th March 2020 and Validity of EWB has expired on or after 20th March, 2020 Earlier, validity of EWB had been extended…
Where a notice has been issued for rejection of refund claim either in full or in part and where time limit for issuance of order in terms of the provisions of Section 54(5) and 54(7) falls during the period from 20th March, 2020 to 29th…
The time limit for Special procedure as notified in Notification No. 10/2020 – Central Tax has to be followed till 31st July, 2020 instead of 31st May, 2020 Who has to follow special procedure ? those persons whose principal place of business or place of…
The Government Notifies 8th June, 2020 as the date from which provisions relating to filing of NIL Return in Form GSTR-03B via SMS shall come into force. Rule 67A of the CGST Rules 2017 / Rule 3 of CGST (Fifth Amendment) Rules, 2020 contains provisions in…
Functionality In a major move towards taxpayer facilitation, the Government has today onwards allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. Impact and Outreach This would substantially improve ease of GST compliance for over 22 lakh registered taxpayers who had to…
CUSTOM CIRCULARS Extension of validity of Authorized Economic Operator (AEO) certification for case of renewal process Validity of all AEO certificates expired or expiring between March 01, 2020 and May 31, 2020 has been extended to June 30, 2020. However, extension in respect of entities…
CIRCULARS Extension in relaxation under Customs laws w.r.t. submission of undertaking in lieu of bond due to extended period of lockdown In terms of CBIC Circular 17/2020-Customs dated April 03, 2020, relaxations were provided whereby requirement of submission of bond under Customs Act, 1962 was…
CBIC via twitter account has posted a press note on Waiver of Late Fees for period August 2017 till January 2020, this is an agenda of Next GST Council Meeting Full Text of the Press Note: 1. In the recent past tweets have been noticed…