CBIC ISSUES NOTIFICATIONS TO HELP TAXPAYERS IN THE WAKE OF COVID-19

Following notifications have been issued by the CBIC to provide relief to taxpayers in view of spread of Novel Corona Virus (COVID-19) :-

Notification No. 30/2020-CT, dated 03.04.2020 : Seeks to amend CGST Rules (Fourth Amendment) in order to allow opting Composition Scheme for FY 2020-21 till 30.06.2020 and to allow cumulative application of condition in rule 36(4).

Notification No. 31/2020-CT, dated 03.04.2020 : Seeks to provide relief by conditional lowering of interest rate for tax period, of February, 2020 to April, 2020.

Notification No. 32/2020-CT, dated 03.04.2020 : Seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

Notification No. 33/2020-CT, dated 03.04.2020 : Seeks to provide relief by conditional waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods of February, 2020 to April, 2020.

Notification No. 34/2020-CT, dated 03.04.2020 : Seeks to extend due date of furnishing FORM GST CMP-08 for the quarter ending March, 2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020.

Notification No. 35/2020-CT, dated 03.04.2020 : Seeks to extend due date of compliance which fall during the period from 20.03.2020 to 29.06.2020 till 30.06.2020 and to extend validity of e-way bills.

Notification No. 36/2020-CT, dated 03.04.2020 : Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020.


Disclaimer : IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS INFORMATION.

Scroll to Top