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CBIC issued 58/2020-Central Tax dated 01.07.2020

Seeks to make eighth amendment (2020) to CGST Rules [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 58/2020 – Central Tax New Delhi, the 1st July, 2020 G.S.R…(E). – In

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CBIC ISSUED Notification No. 57/2020 – Central Tax

Seeks to amend notification no. 52/2020-Central Tax in order to provide conditional waiver of lat fees for the period from July, 2017 to July, 2020. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and

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Relief in payment of interest to Taxpayers filing Form GSTR-3B

Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Due Date No interest payable till Interest payable @ 9% from & till Interest payable @ 18% from Feb, 2020 20th March, 2020 4th April, 2020 5th April to 24th

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Relief in late fee to Taxpayers filing Form GSTR-1

Government has extended dates for GST filings as notified vide Notification No. 53/2020 dt 24.06.2020. A Circular No. 141/1/2020-GST dated 24th June, 2020 has also been issued in this regard. 2.Late Fee Relief to Normal Taxpayers filing Form GSTR-1: Tax period Due Date Waiver of late fee if return filed on or before March, 2020 11.04.2020 10.07.2020 April, 2020

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Relief in late fee to Taxpayers filing Form GSTR-3B

Government has extended dates for GST filings as notified vide Not. No. 52/2020 dt 24.06.2020 and No. No 57/2020-CT dated 30.06.2020. Late Fee Relief to Normal Taxpayers filing Form GSTR-3B: Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Late fees waived if return filed on or before February 24th June March 24th June April

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