By Clearmytax.in Editorial Team
The week ending 4th April, 2020 was really eventful as various Notifications were issued by Government in order to provide relaxations in some date / legal provisions due to the grave situation the tax payers are posed with due to COVID-19 outbreak. The relaxations were mainly in regard to following:
i) Relaxation in opting for composition scheme.
ii) Relaxation in application of Rule 36(4) in regard to ITC restriction.
iii)Relaxations in filing of GSTR-3B.
iv) Waiver of late fee for delay in furnishing GSTR-3B / filing of GSTR-1.
v) Due date extension for filing of GST CMP-08 and GSTR-4 in respect of Composition Scheme.
vi) Due date extension in regard to other Compliances.
Further there were certain other legal updates. For ready reference of our readers the updates are given below. In case of any doubt in regard to any of the amendment , query may be send on ‘your GST queries’ tab on home page or the same can be mailed to clearyourtaxqueries@gmail.com.
Frah Saeed is a law graduate specializing in the core field of indirect taxes and is the Co-founder of taxwallah.com. She has authored many publications on GST and is into full-time consultancy on GST to big corporates. She as a part of taxwallah.com heads a team comprising of Chartered Accountants and Advocates and plays a key role in our mission to disseminate GST knowledge to all.
