Stay Updated Chartered !

Hello Chartered Accountants,

This podcast along with due date extension includes one time amnesty and other interest &amp; late fees updates in GST :

1. N no. 48/2020 CT : &nbsp;&nbsp;&nbsp;&nbsp;Sixth amendment (2020) to CGST Rules.
2. Instruction No. 3/2/2020- GST : Specifies the FORM through which payment is to be made.&nbsp;
3. N no. 49/2020 CT : &nbsp;&nbsp;Bring into force Sections of Finance Act, 2020. 
4. &nbsp;N no. 50/2020 CT : &nbsp;&nbsp;Seventh amendment (2020) to CGST Rules.
5. N no. 51/2020 CT : &nbsp;&nbsp;&nbsp;&nbsp;Provide relief by lowering of interest rate for GSTR 3B
6. N no. 52/2020 CT : &nbsp;&nbsp;&nbsp;ONE TIME AMNESTY of late fees &amp; provide relief by conditional waiver of late fee for GSTR 3B.
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;And interesting interpretation of ONE TIME AMNESTY scheme.

7. N no. 53/2020 CT : &nbsp;&nbsp;&nbsp;Provide relief by waiver of late fee for GSTR 1.
8. N no. 54/2020 CT : &nbsp;&nbsp;&nbsp;Extend due date for furnishing FORM GSTR-3B OF August, 2020.
9. Circular no. 141/11/2020 : Clarification in respect of various measures announced.

Links :
IGST notifications :

1. &nbsp;https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-4-2020-igst-english.pdf;jsessionid=53BE88B27DF1F3EEEC2D2F227573C151
2. https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-5-2020-igst-english.pdf;jsessionid=68CBEBDEEAE57E7D5F88554F2A5F612C

UTGST notifications:

1. https://www.cbic.gov.in/resources//htdocs-cbec/gst/Notification-02-2020-Union-Territory-Tax-English.pdf;jsessionid=9FEDFA9713A0CD63AC410D0D3C5FE54A

Important Circular : 
https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_141_11_2020.pdf;jsessionid=00CDBEEA9CAE4566BCE03BA9D22CCC98


Hope you are enjoying the podcast !

For any suggestions/feedback/comments/queries write us down here : https://forms.gle/7VbvvRecztnyMnii7
STAY TUNED. STAY INFORMED.


#6 due date extended (PART II)

Hello Chartered Accountants,
This Episode Includes :
1. N.No. 44/2020 Central Tax : Seeks to give effect to the provisions of Rule 67A for furnishing a nil return in FORM GSTR-3B by SMS.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAQs on Filing return via SMS : https://stayupdatedchartered.blogspot.com/2020/06/1.html
2. N No. 45/2020 Central Tax : Seeks to extend the date for transition under GST on account of merger of erstwhile Union Territories of Daman and Diu &amp; Dadar and Nagar Haveli.
3. N. No. 46/2020 Central Tax : Seeks to extend period to pass order under Section 54(7) of CGST Act.
4. N No. 47/2020 Central Tax : Seeks to extends validity of e-way bill.
5. CIRCULAR 139/09/2020-GST : Clarification on Refund Related Issues.
6. CIRCULAR 140/10/2020-GST : Clarification in respect of levy of GST on Director’s Remuneration.
For any queries/feedback/comments/suggestions : &nbsp;https://forms.gle/1nAFQDLyEyGwdgd47
STAY TUNED. STAY INFORMED.


#4 GST UPDATE , till date 

THIS PODCAST* COVERS NOTIFICATION&nbsp;27/2020 TO 36/2020 CENTRAL TAX.
Note : NOTIFICATION&nbsp;21/2020 TO 26/2020 CENTRAL TAX are not relevant as on date, thus, not included.

27/2020-Central Tax - Prescribe the due date for GSTR-1 (quaterly)
28/2020-Central Tax - Prescribe the due date for GSTR-1 (monthly)
29/2020-Central Tax - Prescribe return in FORM GSTR-3B along with due dates.
30/2020-Central Tax - Allow opting Composition Scheme for FY 2020-21 till 30.06.2020 and cumulative application of condition in rule 36(4).
31/2020-Central Tax - Relief by conditional lowering of interest rate
32/2020-Central Tax - Relief by conditional waiver of late fee for GSTR-3B for tax periods of February, 2020 to April, 2020.
33/2020-Central Tax - Relief by conditional waiver of late fee for GSTR-1 for tax periods of February, 2020 to April, 2020.
34/2020-Central Tax - Extend due date of GST CMP-08 quarter ending March, 2020 and filing FORM GSTR-4 for FY 2020-21.
35/2020-Central Tax - Extend due date of compliance
36/2020-Central Tax - Extend due date of GSTR-3B for May, 2020.

Thank you so much for tuning in.
For any queries or comments tweet me : @motomohit
STAY TUNED. STAY INFORMED.

*this is a bonus episode for evaluation and introductory purpose.
