Total 4 notifications have been issued on 05.05.2020 by Central government to provide further relief to the taxpayers during this pandemic which is as under:
Notification 38/2020: A 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).
Notification 39/2020: It seeks to amend Notification No.11/2020- Central Tax, dated the 21st March, 2020, wherein in the first para the following proviso shall be inserted:
“Provided that the said class of persons shall not include those corporate debtors who have furnished the statements under section 37 and the returns under section 39 of the said Act for all the tax periods prior to the appointment of IRP/RP.”
For the paragraph 2, with effect from the 21st March, 2020, the following paragraph shall be substituted, namely:
“2. Registration.- The said class of persons shall, with effect from the date of appointment of IRP / RP, be treated as a distinct person of the corporate debtor, and shall be liable to take a new registration (hereinafter referred to as the new registration)in each of the States or Union territories where the corporate debtor was registered earlier, within thirty days of the appointment of the IRP/RP or by 30th June, 2020, whichever is later.”
Notification 40/2020: It seeks to amend Notification No. 35/2020 which was introduced to extend due date of various compliance falling due between 20.03.2020 to 29.06.2020 till 30.06.2020 and extension of validity of E-way bill.
Now this notification will further extended the validity of E-way bill as under:
“Provided that where an e-way bill has been generated under rule 138 of the Central Goods and Services Tax Rules, 2017 on or before the 24th day of March, 2020 and its period of validity expires during the period 20th day of March, 2020 to the 15th day of April, 2020, the validity period of such e-way bill shall be deemed to have been extended till the 31st day of May, 2020.”
Notification 41/2020: It seeks to extend due date of annual return for FY 2018-19 which was earlier extended to 30.06.2020 by notification no. 15/2020 till 30.09.2020. The text of notification is as under:
“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.”
Notification 42/2020: It seeks to further extend due date of GSTR 3B for Jammu and Kashmir and union territory of Ladakh as under:
“Provided also that 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.
Provided also that 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.
Provided also that 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.
2. This notification shall be deemed to come into force with effect from the 24th Day of March, 2020.”
To read full notification CLICK HERE.
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