Summary of all Relevant Notification issued by CBIC on 23rd March 2020

Central Board of Indirect Taxes and Customs (CBIC) issued series of notifications on 23^rd of Mach, 2020. Hence, to save your valuable time we have summarized all the notifications below –

Notification No 10/2020 – Central Tax

Change in tax periods for Union Territory of Daman and Diu and Union Territory of Dadra and Nagar Haveli

Taxpayers having principal place of business in in the Union Territory of Daman and Diu or Dadra and Nagar Haveli till 26^th January or in merged territory from 27^th January 2020 shall consider following-

1. Tax period for the following months have been changed as follows
   1. January 2020 : 1^st January 2020 to 25^th January 2020
   2. February 2020 : 26^th January 2020 to 29^th February 2020
2. Even if wrong taxes has been charged on tax invoices from 26^th January till transition date, pay correct taxes while filling returns, GSTR 3B and GST CMP 08
3. Taxpayers registered before 25^th January in the Union Territory of Daman and Diu or Dadra and Nagar Haveli, have option to transfer balance of ITC in the electronic credit ledger to the new GSTIN of merged Territory.

30 important relaxation in various compliance matters announced by Nirmala Sitharaman

Notification No 11/2020 – Central Tax

Corporate Debtor

Person who is Corporate Debtor (CD) as per the Insolvency and Bankruptcy Code, 2016, and undergoing Corporate Insolvency Resolution Process (CIRP) and whose affairs are being managed by Resolution Professional (RP) or Interim Resolution Professional (IRP) shall follow these special procedures :

1. Within 30 days of appointment of IRP / RP shall take new registration in all the States or Union Territories where CD was earlier registered.
2. File first return for the period when he becomes liable to registration till the registration is granted.
3. ITC on the supply of goods/ services received after appointment of IRP / RP, having old GSTIN mentioned on the invoices can be availed, while filling the first return only.
4. Amount deposited in the cash ledger, of the existing registration till the new registration is granted shall be liable to refund.

GSTR 3b due date extended along with other due dates- Quick View

Notification No 12/2020 – Central Tax

Waiver to file GSTR 1

The person who have furnished return in Form GSTR 3B, but were required to furnish return in the Form CMP-08, for the financial year 2019-20, such persons are not required to furnish Form GSTR 1, or Form CMP 08 for the FY 19-20.

Notification No 13/2020 – Central Tax

Deferment of implementation of E- Invoicing

Implementation of e-invoicing by taxpayers having aggregate turnover exceeding Rs. 100 Cr has been extended to 1^st October 2020.

Notification No 14/2020 – Central Tax

Deferment of implementation of QR Code 

Implementation of Dynamic Quick Response Code (considered as Quick Response code) by taxpayers having aggregate turnover in financial year exceeding Rs. 500 Cr has been extended to 1^st October 2020.

Notification No 15/2020 – Central Tax

Extension to file annual return for financial year 2018-19

The due date for filing annual return for financial year 2018-19, has been extended to 30/06/2020.

Notification No 16/2020 – Central Tax

Central Goods and Services Tax (Third Amendment) Rules, 2020, has been notified to came into force on the date of the publication in Official Gazette.

• Persons applying for registration under CGST Act, should undergo authentication of Aadhaar Card Number for the grant of registration. If Aadhaar authentication has not been made, then registration will be granted on physical verification of principal place of business in the presence of said person.

• If physical verification of place of business has been conducted before or after granting registration, it shall be conducted in the presence of such person and Verification report should be uploaded on the portal in the Form GST REG – 30, within 15 days from date of verification.

• Every person whose turnover exceeds Rs. 5 Crore, during financial year 2018-19 shall get his accounts audited, and furnish reconciliation statement in Form GSTR 9C.

• Also, procedural amendments have been made for refunds in case of export.

Notification No 17/2020 – Central Tax

Waiver for Aadhar Authentication for certain persons

Following people will not require Aadhar authentication for GST registration

1. Person who is not citizen of India
2. Class of persons other than following : 
   1. Individual
   2. Authorised signatory of all the types
   3. Managing and authorised partner
   4. Karta of HUF

Notification No 18/2020 – Central Tax

Aadhar Authentication for GST registration

If Aadhaar number is not assigned to the said individual, they shall be offered alternate and viable means of identification as per rule 9 of the CGST Rules,2017. Aadhar authentication for GST registration is mandatory from 1^st April 2020.

Notification No 19/2020 – Central Tax

Aadhaar Authentication for GST registration

For obtaining new GST registration, following class of persons shall undergo Aadhar authentication as per Rule 8 of CGST Rules 2017 from 1^st April 2020 :

1. Authorised signatory of all types
2. Managing and Authorised partner of partnership firm
3. Karta of HUF

The above notifications are issued by CBIC regarding due dates of GST Returns for different periods due to the re-constitution of the erstwhile state of Jammu and Kashmir into two union territories, Jammu and Kashmir and Ladakh, with effect from 31 October 2019. Also for the Union Territories of Daman and Diu, Dadra and Nagar Haveli which became a single union territory on January 26,2020. However, on 24th March Finance Minister Nirmala Sitharaman, in order to provide relief to businesses from the impact of Covid 19, the government announced extension of such due dates of GST compliances till 30th June 2020.

Breaking : Finance Minister announced extension in various tax compliance – Press Note

Notification No 27/2020 – Central Tax

Time limit for other states furnishing GSTR 1 Quarterly:

Taxpayers having turnover upto Rs. 1.5 Crore during preceding financial year shall furnish details of outward supply monthly in the Form GSTR 1 quarterly with following being due dates :

Period	Due Date
Quarter I (April – June 2020)	31st July 2020
Quarter II (July – September 2020)	31st October 2020

Notification No 28/2020 – Central Tax

Time limit for furnishing GSTR 1 Monthly :

Taxpayers having turnover more than Rs. 1.5 Crore during preceding financial year shall furnish details of outward supply monthly in the Form GSTR 1 monthly and due dates shall be the 11^th day of the next month of the month for which return has to be filed.

Note: Relief granted for months of March, April and May Return due to coronavirus.

Notification No 29/2020 – Central Tax

Time limit for furnishing GSTR 3B :

1. Due date for months April to September 2020 for filling Form GSTR 3B is 20^th day of month next to such month for which return has to be filed.

2. Taxpayers having principal place of business in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep, and turnover upto Rs. 5 Crore during last financial year shall furnish GSTR 3B till 22^nd day of month next to such month for which return has to be filed.

30 important relaxation in various compliance matters announced by Nirmala Sitharaman

3. Taxpayers having principal place of business in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi and having turnover upto Rs. 5 Crore in the previous financial year, return GSTR 3B shall be furnished till 24^th day of month next to such month for which return has to be filed.

Note: Relief granted for months of March, April and May Return due to coronavirus.

CBIC issued the above Notifications on 23rd March, 2020.

Check all the notification released by CBIC

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The authors of above article are CA Ankita Gandhi.

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