GST Latest News, Information & Notifications

Since the unveiling of the Goods and Services Tax (GST) in 2017, there have been several new notifications, amendments, and provisions which are important to understand for better compliance with the law.

Date News
25 August 2020 The date that the interest will be calculated from is 1 September 2020. The interest will be calculated on the amount that is available after the eligible ITC adjustment has been made. The calculation of the interest will be done on a net tax liability basis.
20 August 2020 On 27 August 2020, the 41st GST Council meeting will be conducted via Video Conferencing. The main objective of the meeting is to find ways by which states can be compensated due to the GST revenue shortfall.
20 August 2020 Aadhaar authentication option has been provided to obtain the GST registration. However, the Aadhaar authentication process must be selected when the application form is submitted.
6 August 2020
  • A new facility has been launched in the GST portal so that tax filers can input tax credit on an invoice-wise basis.
  • The Excel utility that is used to fill the GSTR-4 form is available for download.
  • Taxpayers cannot file a second application to cancel the registration.
30 July 2020
  • 13 fields have been removed and 20 fields have been added to the e-invoice. Character length changes have also been made across certain fields.
  • The new e-invoicing system will be applicable to taxpayers whose annual turnover is more than Rs.500 crore. Earlier, the annual turnover was Rs.100 crore.
21 July 2020 The GSTR-4, for annual returns, can be accessed on the GST portal.
13 July 2020 The due date to file the GSTR-4 returns has been extended from 15 July 2020 to 31 August 2020.
1 July 2020 Taxpayers who file NIL GSTR-1 returns can complete the process via SMS.
30 June 2020
  • The interest reduction and the waiver of late fees between the months of February and June for GSTR-3B are extended until 30 September 2020.
  • An extension has also been provided on the GSTR-1 deadline via a waiver of the late fee.
12 June 2020 Conclusion of the 40th GST council meeting.
10 June 2020 Clarification was provided by the CBIC in regard to the GST remuneration on Director’s.
9 June 2020 An extension has been provided for e-way bills that have been generated before 24 March 2020 and are valid until 20 March 2020. The new deadline is 30 June 2020.
8 June 2020 By using the registered mobile number, nil GSTR-3B can be filed by taxpayers via SMS.
4 June 2020 The 40th GST council meeting will happen on 12 June 2020 via video conferencing.
5 May 2020
  • An extension until 30 September 2020 has been provided to file the GSTR-9 returns for the financial year 2018-2019.
  • Companies can use the EVC option to file the GSTR-3B returns up to 30 June 2020.
  • An extension has been provided to file the GSTR-3B returns in Ladakh and Jammu and Kashmir.
28 April 2020 The CGST rules that govern the filing of PMT-09 will come into effect from 21 April 2020.
3 April 2020
  • According to a notification provided by the CBIC, an input tax credit can be claimed by taxpayers in the GSTR-3B returns between the months of February 2020 and August 2020.
  • E-bills that are valid between 20 March 2020 and 15 April 2020 have been extended until 30 April 2020.
  • The last date to file the GSTR-3B returns for May 2020 has been extended to 27 June (20 June), 12 July (22 June), and 14 July (24 June), respectively.
24 March 2020 Various reliefs were announced by the Finance Minister to help businesses during the coronavirus pandemic. Some of them are mentioned below:
  • The last date to file the GSTR-1 and GSTR-3B returns has been extended until the end of June.
  • Taxpayers do not have to pay a late fee in case their annual turnover is less than Rs.5 crore.
  • Taxpayers who make an annual turnover of more than Rs.5 crore will have to pay an interest of 9% in case the GST is paid 15 days post the due date.
  • The last date to submit the CMP-02 has been extended until 30 June 2020.
  • The last date to avail the Sabka Vishwas Scheme is 30 June 2020.
23 March 2020
  • Notifications have been provided to file the GSTR-1 and GSTR-3B returns for the months between April 2020 and September 2020.
  • Aadhaar authentication has become an important factor for certain individuals who apply for GST registration.
14 March 2020 The 39th GST Council meeting was held.
7 February 2020 The last date to submit the TRAN-01 has been extended until 31 March 2020. However, this date will be applicable only for taxpayers who could not submit TRAN-01 because of technical issues.
3 February 2020 The last date to file the GSTR-3B returns for the months between January and March 2020 in different states are mentioned below:
  • 22 March 2020: Lakshadweep, Andaman and Nicobar Islands, Puducherry, Dadra and Nagar Haveli, Daman and Diu, Andhra Pradesh, Telangana, Tamil Nadu, Kerala, Goa, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Chhattisgarh.
  • 24 March 2020: Delhi, Chandigarh, Ladakh, Jammu and Kashmir, Odisha, Jharkhand, West Bengal, Assam, Meghalaya, Tripura, Mizoram, Manipur, Nagaland, Arunachal Pradesh, Sikkim, Bihar, Uttar Pradesh, Rajasthan, Haryana, Uttarakhand, Punjab, and Himachal Pradesh.
  • The last date will remain the same for any other taxpayers.
3 February 2020 The last date to submit the GSTR-9 form has been extended and is mentioned below:
  • 5 February 2020: Uttarakhand, Tamil Nadu, Rajasthan, Punjab, Ladakh, Jammu and Kashmir, Haryana, Gujarat, Delhi, and Chandigarh.
  • 7 February 2020: Uttar Pradesh, West Bengal, Tripura, Telangana, Sikkim, Puducherry, Odisha, Nagaland, Mizoram, Meghalaya, Manipur, Maharashtra, Madhya Pradesh, Lakshadweep, Kerala, Karnataka, Jharkhand, Himachal Pradesh, Goa, Daman and Diu, Dadra and Nagar Haveli, Chhattisgarh, Bihar, Assam, Arunachal Pradesh, Andhra Pradesh, Andaman and Nicobar Islands.
10 January 2020 The scheme for filing the GSTR-1 form for the months between July 2017 and November 2019 has been extended until 17 January 2020.

The Latest GST Notifications in 2020

Central Tax Notifications

Notification number and issue date Subject
68/2020-Central Tax dt. 21.09.2020 "Seeks to grant waiver & reduction in late fee for not furnishing Form GSTR-10, subject to the condition that the returns are filled between 22.09.2020 to 31.12.2020"
67/2020-Central Tax dt. 21.09.2020 "Seeks to grant waiver & reduction in late fee for not furnishing Form GSTR-4 for 2017-2018 and 2018-2019, subject to the condition that the returns are filled between 22.09.2020 to 31.10.2020"
66/2020-Central Tax dt. 21.09.2020 "Looking to give one time extension for the time limit provided under Section 31(7) of the CGST Act 2017 till 31.10.2020"
65/2020-Central Tax dt. 01.09.2020 "Seeks to amend notification no. 35/2020-Central Tax dt. 03.04.2020 to extend due date of compliance under Section 171 which falls during the period from 20.03.2020 to 29.11.2020 till 30.11.2020"
64/2020-Central Tax dt. 31.08.2020 "Looking to to extend the due date for filing Form GSTR-4 for fy 2019-20 to 31.10.2020"

Integrated Tax Notifications

Notification number and issue date Subject
05/2020-Integrated Tax, dt. 24-06-2020 "Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from Feb 2020 to July 2020"
04/2020-Integrated Tax, dt. 24-06-2020 "Seeks to bring into force Section 134 of Finance Act, 2020 in order to bring amendment to Section 25 of IGST Act w.e.f. 30.06.2020"
03/2020-Integrated Tax, dt. 08-04-2020 "Seeks to provide relief by conditional lowering of interest rate for tax periods of Feb 2020 to April 2020"
02/2020-Integrated Tax, dt. 26-02-2020 "Seeks to amend Notification No.4/2019-Integrated Tax dt. 30.09.2019 to change the place of supply for B2B MRO services to the location of the recipient"
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 IGST Act, 2017"

Latest Updates and News on GST

  • Tamil Nadu extends its dates for compliances related to GST

    The Tamil Nadu state government had promulgated the state's Goods and Services Tax (Amendment) Ordinance, 2020 last Friday for amending the Tamil Nadu Goods and Services Tax Act, 2017 and extend the dates for different compliances because of the Coronavirus.

    This ordinance, which was promulgated by the Governor Banwarilal Purohit, has now extended all filing statements of outward supplies, filing appeals, and filing refund claims, prescribed, notified or specified, under Tamil Nadu Act 19 of 2017 which cannot be complied to because of force majeure.

    26 May 2020

  • GSTN Helpdesk handles over 56,000 taxpayer issues in one month of lockdown

    GST Network Helpdesk on Sunday said it took care of over 56,000 taxpayer issues in one month since the nationwide lockdown was imposed by the Central Government to fight the Coronavirus pandemic. According to data from GSTN, it resolved over 19,552 tickets raised by taxpayers between March 25 and April 24. The highest number of tickets it took care of in a day was 2,766 and the highest number of calls handled was 1,776.

    Prior to the lockdown, on an average, GST helpdesk would receive around 8,000 to 10,000 calls every day, while around 2,000 tickets were raised on the GRP portal on a daily basis.

    65% of the employees of the GST Helpdesk, worked from home, and were fully operational through its toll-free number from 09:00 a.m. to 09:00 p.m. serving in 12 languages.

    GSTN CEO Prakash Kumar said that calls were routed to the phones of the help desk agents who were working from home. This was done in a secured manner.

    Out of the 12 languages, the Hindi Helpdesk services received the highest number of calls comprising 61.66% of the total call volume, followed by English language with 14.80% volume. Marathi at 4.75% received the third-highest number of calls, followed by Gujarati at 3.65%. Telugu, Bengali, and Tamil had the next highest number of calls at 3%, 2.93%, and 2.86% respectively. The other languages are Kannada, Punjabi, Oriya, Malayalam and Assamese which registered lesser call volume respectively.

    08 May 2020

  • GST collection in Assam falls by 80%

    The Goods and Service Tax (GST) revenue collection in Assam has fallen by 80% this year. The main reason for the reduction in revenue was the coronavirus outbreak. In April 2020, the GST that has been collected is at Rs.193 crore. When compared to the same time last year, the GST that was collected was at Rs.932.26 crore. The Finance Minister of the state further added that the amount of foreign liquor tax that was collected in March 2020 was at Rs.65 crore. However, in April 2020, the foreign liquor tax fell to Rs.6.33 crore. According to the Finance Minister, many states have reduced the salaries of several government employees by up to 60%. However, government employees in Assam will be paid the full salary on 8 May 2020.

    04 May 2020

  • GST collections for the month of March fall below Rs.1 lakh crore

    In March, GST collections were at Rs.97,597, falling below the Rs.1 lakh crore mark. This is the first time in four months that the collections have been less than Rs.1 lakh crore.

    The main reason for the reductions in the collections was the lockdown due to the coronavirus outbreak. The lockdown has resulted in many businesses being shut in an economy that has already been sluggish. The Goods and Service Tax (GST) collection for March 2020 has reduced by 8.4% when compared to the same time last year. The main reason for the collection to decrease was the reduction in domestic transaction revenues and imports. In the last four months before March, GST collections had exceeded the Rs.1 lakh crore mark. Showing poor compliance, GST returns that were filed for the month of March was Rs.76.5 lakh. In February, GST returns that were filed were at Rs.83 lakh. Post March’s regular settlement, the revenue that has been earned by the state government and the central governments for SGST and CGST are at Rs.43,516 crore and Rs.41,901 crore, respectively. According to various tax experts, the GST collection could reduce further next month due to the disruption in the economy that has been caused by the coronavirus outbreak.

    02 April 2020

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