Latest GST News, Information, Notifications & Announcements

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Latest GST News, Information, Notifications & Announcements

Latest GST News:


The due date to submit for carrying forward the transitional credit is extended to 31st March 2020 for those taxpayers who could not file earlier due to technical glitches.

The filing of return in GSTR-3B for the return periods January 2020, February 2020 and March 2020 is now notified in a staggered manner only for those with last year’s annual turnover up to Rs 5 crore

The due date for furnishing of annual return/reconciliation statement in form GSTR-9/form GSTR-9C for FY 2017-18 is further extended.

THE 38th GST Council meeting was held on 18th December 2019, Wednesday. The following were the highlights:
  1. Due dates of GSTR-9 and GSTR-9C extended for FY 2017-18 till 31st January 2020
  2. Provisional ITC claim in GSTR-3B further restricted to 10% instead of the earlier 20%
  3. Late fee waiver for filing GSTR-1 for return periods Jul 17 and Nov 19 by 10 January 2020 through an amnesty scheme
  4. Standard Operating Procedure (SOP) in case of non-filing of GSTR-3B defined
  5. Due dates for GST returns extended for certain category of taxpayers in North-eastern states
  6. Levy of common rate of 28% tax on all forms of lotteries

Important CBIC notifications have been announced:

Due dates for GSTR-1(Monthly & Quarterly), GSTR-3B for the period July 2019 to September 2019 have been notified. The deadline to file ITC-04 for months from July 2017 to June 2019 has been extended and more time limit is given to service providers desirous of opting into composition scheme under Notification 2/2019 CT Rate dated 7th March 2019. 

  1. Calculation of the value of supply in cases where Kerala Flood Cess is applicable has been defined.
  2. Suppliers of Online Information Database Access and Retrieval Services have been exempted from the furnishing of the Annual Return / Reconciliation Statement.
  3. The new format of GSTR-4 to be filed on an annual basis has been notified.

GST Notifications:


Notification issued to prescribe due dates for filing of return in FORM GSTR-3B in a staggered manner.

From January 2020 period onwards, GSTR-3B due dates will be 20th or 22nd or 24th of the next month depending upon the turnover of the previous year as well the state of GST registration.

Seeks to extend the last date for furnishing of annual return/reconciliation statement in FORM GSTR-9/FORM GSTR-9C

The last date for furnishing of annual return/reconciliation statement in Form GSTR-9/ GSTR-9C  for the period from 01.07.2017 to 31.03.2018 to 5 February 2020 and 7 February 2020 depending on the state of GST registration.

Seeks to appoint the Revisional Authority under the CGST Act, 2017
The following shall be authorities:

(a) the Principal Commissioner or Commissioner of Central Tax for decisions or orders passed by the Additional or Joint Commissioner of Central Tax; and
(b) the Additional or Joint Commissioner of Central Tax for decisions or orders passed by the Deputy Commissioner or Assistant Commissioner or Superintendent of
Central Tax.

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