Clearmytax.in Editorial Team
Due to the outbreak of Novel Corona Virus (COVID-19) across many countries of the world, including India and challenges faced by tax payers in meeting compliance requirements under various provisions of the CGST Act, the Government has announced various relief measures relating to statutory and regulatory compliance matters across sectors.
To provide the relief, various notifications have also been issued by the Government on 03-04-2020 out of which one of the notification, is Notification No. 35/2020-CT dated 03-04-2020 issued under Section 168A of the CGST Act,2017 for extending due date of compliance which falls during the period from 20-03-2020 to 29-06-2020 to 30-06-2020. However said notification states that the above extended time limit shall not be applicable in respect of certain provisions of CGST Act.
Sub-rule (3) of that rule 45 of CGST Rules requires furnishing of FORM GST ITC-04 in respect of goods (inputs / capital goods) dispatched to a job worker or received from a job worker during a quarter on or before the 25th day of the month succeeding that quarter. Accordingly, the due date of filing of FORM GST ITC-04 for the quarter ending March, 2020 falls on 25.04.2020.
FORM GST ITC-04 contains the details of challans in respect of goods dispatched to a job worker or received from a job worker during a quarter.Needless to mention here that no GST is attracted when goods are sent to job worker for job work provided the same are returned back within prescribed time.
Now the tax payers were under dilemma as to whether the extension of time limit as provided in terms of notification No. 35/2020-Central Tax dated 03.04.2020 also covers furnishing of FORM GST ITC-04 for quarter ending March, 2020.
In this regard Circular No. 138/08/2020-GST dated 6th May, 2020 has been issued wherein it has been stated that time limit for compliance of any action by any person which falls during the period from 20.03.2020 to 29.06.2020 has been extended up to 30.06.2020 where completion or compliance of such action has not been made within such time. Accordingly, it has been clarified vide said circular that the due date of furnishing of FORM GST ITC-04 for the quarter ending March, 2020 stands extended up to 30.06.2020.
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.
