GST Corner

Implementation of QR Codes in e-Invoicing

Notification No. 61/2020-Central Tax dated 30.07.2020

CBIC Notifies e-Invoice Format of FORM GST INV-1

Notification No. 60/2020-Central Tax dated 30.07.2020

Form GSTR-4 now Available on GSTN Portal

ABS News Service/22.07.2020

Filing FORM GSTR-4 for FY/2019-20 Extended to 31 August 2020

Notification No. 59/2020-Central Tax Dated 13th July, 2020

GSTR-3B Returns by SMS

Notification No. 58/2020 – Central Tax dated 1 July 2020

Late Fee for Delay in Furnishing Returns in FORM GSTR-3B Capped at Rs. 250 with 30 Sept 2020 Deadline

Notification No. 57/2020 – Central Tax dated 30 June 2020

Time Limit for Rejection of Refund Claim Extended to 31 Aug 2020

Notification No. 56/2020 – Central Tax dated 27 June 2020

Expired E-way Bill Revived, Extended till 31 August 2020

Notification No. 55/2020 – Central Tax dated 27 June 2020

Time Limit for GST Return Filing an Application for Revocation of Cancellation of Registration for Specified Taxpayers

Order No. 01/2020-Central Tax Dated 25th June, 2020

Real Estate Promoters to Use FORM GST DRC-03 for Electronic Payment

Instruction No. 3/2/2020- GST dated 24 June 2020

CBIC Clarification on Measures Provided for Relief to Taxpayers Due to Spread of COVID-19

Circular No. 141/11/2020-GST dated 24 June 2020

Composition Levy rates under Sec.10 of CGST Rules, 2017

·    Interest Rates for Late payment of Tax under GSTR-3B

·    Late Fee for Uploading GSTR-1

·    Last Date for Payment of GST Extended to 1 Oct 2020

49 to 54-Central Tax/24.06.2020

Seeks to bring into force Sections 118, 125, 129 & 130 of Finance Act, 2020 in order to bring amendment to Sections 2, 109, 168 & 172 of CGST Act w.e.f. 30.06.2020.

49/2020- Central Tax/24.06.2020

Seeks to make seventh amendment (2020) to CGST Rules.

50/2020- Central Tax/24.06.2020

Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.

51/2020- Central Tax/24.06.2020

Seeks to provide one time amnesty by lowering/waiving of late fees for non-furnishing of FORM GSTR-3B from July, 2017 to January, 2020 and also 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 July, 2020.

52/2020- Central Tax/24.06.2020

Seeks to provide relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers

53/2020- Central Tax/24.06.2020

Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of August, 2020 for taxpayers with annual turnover up to Rs. 5 crore.

54/2020- Central Tax/24.06.2020

Central Goods and Services Tax Rules, 2017 Amendments

Notification No. 48 /2020 – Central Tax dated 19 June 2020

Uploading of GSTR Invoices for ITC not to Apply for Refund for Imports, ISD and RCM Cases

Circular No: 140/10/2020 GST dated 10 June 2020

Non Employee Directors will have to Pay GST

Circular No. 139/09/2020-GST dated 10 June 2020

GST E-way Bill Issued after Covid-19 (20 Mar) Validity Extended to 30 June 2020

Notification No. 47/2020 - Central Tax dated 9 June 2020

Time Limit for Rejection of Refund Claim Extended to 30 June 2020

Notification No. 46/2020 - Central Tax dated 9 June 2020

Special Procedure for Taxpayers in Dadar, Nagar Haveli, Daman and Diu Merger of Two UTs – Date for Transition under GST Extended to 31 July 2020

Notification No. 45/2020-Central Tax dated 9 June 2020

Rule 67A of CGST 2017 for Furnishing a Nil Return in FORM GSTR-3B by SMS come into effect from 8 June 2020

Notification No. 44/2020-Central Tax Dated 8th June, 2020

Transition for VAT GST for ITC under Sec.140 of GST Act 2017 to Come into Effect from 18 May 2020

Notification No. 43/2020 – Central Tax dated 16 May 2020

Nov-Feb 2019-20 Return Extended to 24 March (J&K), 20 May (Ladakh)

Notification No. 42/2020 – Central Tax dated 5th May 2020

GST Annual Return Last Date Extended to 30 Sept 2020

Notification No. 41/2020 – Central Tax dated 5th May 2020

E-way Bill 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 No. 40/2020 – Central Tax dated 5th May 2020

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

Notification No. 39/2020 – Central Tax dated 5th May 2020

Central Goods and Services Tax Rules, 2017 Amendments

Notification No. 38/2020 – Central Tax dated 5th May 2020

GST PMT-09 for Transfer of Balance in ECL to any Tax Head Implemented from 21 April 2020

Notification No. 37/2020 – Central Tax dated 28 April 2020

Clarification on GST

Circular No. 137/07/2020-GST dated 13 April 2020

Interest Waiver to Nil/9% for Late Payment of IGST by Three Months

·   Relaxation Allowed to Units upto Rs. 1.5 crs

03-IGST/08.04.2020

Interest Waiver to Nil/9% for Late Payment of UGST by Three Months

·   Relaxation Allowed to Units upto Rs. 1.5 crs

Notification No. 1/2020 – Union Territory Tax dated 8 April 2020

All Refunds of GST and Income Tax Refund upto 5 lakhs to be Released Immediately

DoR Press Note dated 08.04.2020

Composition Scheme Option till 30 June, 2020

·   ITC Conditions under 36(4) only in Sept 2020 Return

·   10% Limit on Invoices not Uploaded by Supplier

·   Interest  cut to Zero for 15 days and 9% thereafter for Small Units below Rs. 5 crs

·   CMP-08 and GSTR-4 Extending

·   Clarification on Sec. 10 – 02/2019 dated 07.03.2019

·   GSTR-3B Submission Date remains same

·   Reduced Interest Rate only on Timely Submission of Return by 24 June 2020

·   Interest Calculation Formula

·   Conditions for Nil Rate of Interest

·   Late Fee for GSTR-1 Waived

·   10% Limit on ITC to Apply only in Sept 2020

·   Validity period of Expired E-way Bill Extended till 30 April 2020

·   TDS Return Extended to 30 June 2020

·   One Time Extension of Compliance Date to 30 June 2020

Circular No. 136/06/2020-GST dated 3rd April 2020

Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020

36-CT/03.04.2020

Seeks to extend due date of compliance which falls during the period from "20.03.2020 to 29.06.2020" till 30.06.2020 and to extend validity of e-way bills

35-CT/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

34-CT/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

33-CT/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

32-CT/03.04.2020

Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020

31-CT/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)

30-CT/03.04.2020

Board Clarification on GST Refunds

GST Circular No. 135 dated 31st March 2020

Seeks to amend Notification No. 8/2017-Integrated Tax (Rate) dt. 28.06.2017 reducing IGST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC.

02/2020-Integrated Tax (Rate) /25.03.2020

Seeks to amend Notification No. 11/2017-Central Tax (Rate) dt. 28.06.2017 reducing CGST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC

02/2020-Central Tax (Rate) /25.03.2020

The Govt has been issued notification for increasing in IGST for Mobile. It's effective from 1sr April

Seeks to amend notification No. 1/2017-Union Territory Tax (Rate) to prescribe change in UTGST rate of goods

03/2020-Integrated Tax (Rate) /25.03.2020

Seeks to amend notification No. 1/2017-Central Tax (Rate) to prescribe change in CGST rate of goods.

03/2020-Central Tax (Rate)/ 25.03.2020

GST Notifications Issued for Implementation Decisions of 39th GST Council Meeting on 14 March 2020

10-29-Central Tax-23.03.2020

GST Notifications Issued for Implementation Decisions of 39th GST Council Meeting on 14 March 2020

10-29-Central Tax-23.03.2020

Seeks to clarify issues in respect of issues under GST law for companies under Insolvency and Bankruptcy Code, 2016

134/04/2020 dated 23-03-2020 - F. No. CBEC-20/16/12/2020-GST

Seeks to clarify issues in respect of apportionment of input tax credit (ITC) in cases of business reorganization under section 18 (3) of CGST Act read with rule 41(1) of CGST Rules

133/03/2020 dated 23-03-2020 - F. No. CBEC-20/16/13/2019-GST

Date for Making Appeal Extended till such Time President of Appellate Authority Enters Office

Circular No. 132/2/2020 - GST Dated 18th March, 2020

Seeks to provide special procedure for taxpayers in Dadra and Nagar Haveli and Daman and Diu consequent to merger of the two UTs

10/2020-Central Tax /23-03-2020

Seeks to provide special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

11/2020-Central Tax /23-03-2020

Seeks to waive off the requirement for furnishing FORM GSTR-1 for 2019-20 for taxpayers who could not opt for availing the option of special composition scheme under notification No. 2/2019-Central Tax (Rate)

12/2020-Central Tax /23-03-2020

Seeks to exempt certain class of registered persons from issuing e-invoices and the date for implementation of e-invoicing extended to 01.10.2020

13/2020-Central Tax /23-03-2020

Seeks to exempt certain class of registered persons capturing dynamic QR code and the date for implementation of QR Code to be extended to 01.10.2020

14/2020-Central /23-03-2020

Seeks to extend the time limit for furnishing of the annual return specified under section 44 of CGST Act, 2017 for the financial year 2018-2019 till 30.06.2020.

15/2020-Central Tax /23-03-2020

Seeks to make third amendment (2020) to CGST Rules.

16/2020-Central Tax /23-03-2020

Seeks to specify the class of persons who shall be exempted from aadhar authentication.

17/2020-Central Tax /23-03-2020

Seeks to notify the date from which an individual shall undergo authentication, of Aadhaar number in order to be eligible for registration.

18/2020-Central Tax /23-03-2020

Seeks to specify class of persons, other than individuals who shall undergo authentication, of Aadhaar number in order to be eligible for registration.

19/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-7 for those taxpayers whose principal place of business is in the erstwhile State of Jammu and Kashmir for the July, 2019 to October,2019 and November, 2019 to February, 2020 .

20/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir or the Union territory of Jammu and Kashmir or the Union territory of Ladakh for the quarter October-December, 2019 till 24th March, 2020

21/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, and having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or current financial year, for the month of October, 2019 and November, 2019 to February till 24th March, 2020.

22/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or current financial year, for each of the months from July, 2019 to September, 2019 till 24th March, 2020.

23/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-1 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, for the quarter July-September, 2019 till 24th March, 2020.

24/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-3B for the months of October, 2019 , November, 2019 to February, 2020 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir on or before the 24th March, 2020.

25/2020-Central Tax /23-03-2020

Seeks to extend due date for furnishing FORM GSTR-3B of the said rules for the months of July,2019 to September, 2019 for registered persons whose principal place of business is in the erstwhile State of Jammu and Kashmir, shall be furnished electronically through the common portal, on or before the 24th March, 2020

26/2020-Central Tax /23-03-2020

Seeks to prescribe the due date for furnishing FORM GSTR-1 for the quarters April, 2020 to June, 2020 and July, 2020 to September, 2020 for registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year.

27/2020-Central Tax /23-03-2020

Seeks to prescribe the due date for furnishing FORM GSTR-1 by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year, for each of the months from April,2020 to September, 2020.

28/2020-Central Tax /23-03-2020

Seeks to prescribe return in FORM GSTR-3B of CGST Rules, 2017 along with due dates of furnishing the said form for April, 2020 to September, 2020

29/2020-Central Tax/23-03-2020

Date for Making Appeal Extended till such Time President of Appellate Authority Enters Office

Circular No. 132/2/2020 - GST Dated 18th March, 2020

Foreign Airlines Exempted from Furnishing Reconciliation Statement in FORM GSTR-9C

09-CT/16.03.2020

GST Council Recommendations on Changes in GST Rates on Supply of Goods and Services

·   Mobile Phones Rates to Raise 18% from 12%

·   All Types of Matches (Handmade and other than Handmade) to 12% from 5% and 18%

·   To Reduce GST Rate on Maintenance, Repair and Overhaul (MRO) Services in respect of Aircraft from 18% to 5% with full ITC

·   The changes will come into effect from 1 April 2020

ABS News Service/16.03.2020

GST Council’s Recommendations on Law and Procedure Related Changes

·   Measures for Trade facilitation

·   Deferment of E-invoice and QR Code

·   Deferment of e-wallet Scheme

·   Amendments to the CGST Rules

·   Continuation of existing system of furnishing FORM GSTR-1 & FORM GSTR-3B till September, 2020

·   Issuance of circulars

·   Other new initiatives

ABS News Service/16.03.2020

GST Council Recommendations on IT Roadmap

ABS News Service/16.03.2020

CGST Rules 2017 Amended to Prescribe the Value of Lottery at Higher of 100/128 or Notified Price

Notification No. 08/2020 – Central Tax dated 2 March 2020

No Quarterly Payment of GST by MSMEs, Only Composition Scheme Units Eligible

ABS News Service/03.03.2020

IGST on Lottery Run by State Govt Raised to 28% from 12% w.e.f. 1 Mar 2020

Notification No. 1/2020-Integrated Tax (Rate) dated 21.02.2020

GSTR-3B Returns upto Rs. 5 Crs Cases

·    Last Date Extended to 22nd or 24th of Succeeding Month in Jan-Mar 2020 Period

07-CT/03.02.2020

Extension of the last date for furnishing of annual return/reconciliation statement in FORM GSTR-9/FORM GSTR-9C for the period from 01.07.2017 to 31.03.2018

06-CT/03.02.2020

Corrigendum to 06/2020-Central Tax dated 03.02.2020

Corrigendum dated 04.02.2020

CBIC Issues Procedure to Expedite Clearance of Verification of "Suspicious" Cases of GST Refund Claims of Exporters

·   One Month Period for Export Refunds of GST Prescribed

Circular No. 131/50/2019 - GST Dated 23rd January, 2020

E-invoicing System Proposed by GST Council

ABS News Service/ 18.01.2020

Finance Minister Resets GST Collection Target Upward for January, February; Expects to Get ₹10,000 crore more

ABS News Service/ 18.01.2020

Board Appoints Principal Commissioner and Addl/Jt Commissioner as Revisional Authority under Sec. 108 of CGST Act, 2017

Notification No. 05/2020 – Central Tax dated 13 January 2020

One-time Amnesty Scheme to File All FORM GSTR-1 Extended till 17 Jan 2020

Notification No. 04/2020 – Central Tax dated 10 January 2020

2nd National GST Conference Held for Streamlining GST System

ABS News Service/ 08.01.2020

Seeks to bring into force certain provisions of the Finance (No. 2) Act, 2019 to amend the IGST Act, 2017

01/2020-Integrated Tax, dt. 01-01-2020

Seeks to bring into force certain provisions of the Finance (No. 2) Act, 2019 to amend the CGST Act, 2017

01/2020-Central Tax, dt. 01-01-2020

Seeks to make amendment (2020) to CGST Rules

02/2020-Central Tax, dt. 01-01-2020

Seeks to amend the notification No. 62/2019-CT dt. 26.11.2019 to amend the transition plan for the UTs of J&K and Ladakh

03/2020-Central Tax, dt. 01-01-2020

To amend notification No. 9/ 2017- Integrated Tax (Rate) so as to exempt certain services as recommended by GST Council in its 38th meeting held on 18.12.2019.

27/2019-Integrated Tax (Rate), dt. 31-12-2019

To amend notification No. 10/ 2017- Integrated Tax (Rate) so as to notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 38th meeting held on 18.12.2019.

28/2019-Integrated Tax (Rate), dt. 31-12-2019

To amend notification No. 12/ 2017- Central Tax (Rate) so as to exempt certain services as recommended by GST Council in its 38th meeting held on 18.12.2019.

28/2019-Central Tax (Rate), dt. 31-12-2019

To amend notification No. 13/ 2017- Central Tax (Rate) so as to notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 38th meeting held on 18.12.2019.

29/2019-Central Tax (Rate), dt. 31-12-2019

To amend notification No. 12/ 2017- Union Territory Tax (Rate) so as to exempt certain services as recommended by GST Council in its 38th meeting held on 18.12.2019.

28/2019-Union Territory tax(rate), dt. 30-12-2019

To amend notification No. 13/ 2017- Union Territory Tax (Rate) so as to notify certain services under reverse charge mechanism (RCM) as recommended by GST Council in its 38th meeting held on 18.12.2019.

29/2019-Union Territory tax(rate), dt. 30-12-2019

Reverse Charge Mechanism (RCM) on Renting of Motor Vehicles

CGST Circular No. 130 dated 31st December 2019

SGST Rates Raised to 9% from 6% on –

·   Woven and non-woven bags and sacks of polyethylene or polypropylene strips or the like, wh