Various Notification issued on dated 01.09.2018 by Central Board of Indirect Taxes and Customs


Various Notification issued on dated 01.09.2018 by Central Board of Indirect Taxes and Customs
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Wednesday, September 5, 2018
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Dear all,

Your association is forwarding herewith various notification issued on dated 4th September 2018 by Central Board of Indirect Taxes and Customs, Department of Revenue, Ministry of Finance, Government of India. The copies of the Notifications are enclosed herewith for your ready reference.

As per Notification No. 39 of 2018 – Central Tax dated 04/09/2018 Central Government ammended the various rules of the Central Goods and Services Tax Rules, 2017.

As per Notification No. 40 of 2018 – Central Tax dated 04/09/2018, Hon’ble Commissioner extended the time limit for making the declaration in FORM GST ITC-04, in respect of goods dispatched to a job worker or received from a job worker or sent from one job worker to another, during the period from July, 2017 to June, 2018 till the 30th day of September, 2018.

As per Notification No. 41 of 2018 – Central Tax dated 04/09/2018, the Central Government, on the recommendations of the Council, hereby waived the late fee paid under section 47 of the said Act, by the following classes of taxpayers:-

(i) the registered persons whose return in FORM GSTR-3B of the Central Goods and Services Tax Rules, 2017 for the month of October, 2017, was submitted but not filed on the common portal, after generation of the application reference number;

(ii) the registered persons who have filed the return in FORM GSTR-4 of the Central Goods and Services Tax Rules, 2017 for the period October to December, 2017 by the due date but late fee was erroneously levied on the common portal;

(iii) the Input Service Distributors who have paid the late fee for filing or submission of the return in FORM GSTR-6 of the Central Goods and Services Tax Rules, 2017 for any tax period between the 1st day of January, 2018 and the 23rd day of January, 2018.

As per Notification No. 42 of 2018 – Central Tax dated 04/09/2018, Hon’ble Commissioner extended the time limit for making the declaration in FORM GST ITC-01 of the said rules, by registered persons who have filed the application in FORM GST-CMP-04 of the said rules between the 2nd day of March, 2018 and the 31st day of March, 2018, for a period of thirty days from the date of publication of this notification in the Official Gazette.

For more details please go through the attached notification.

Thanking you,
With regards,

For Silvassa Industries & Manufacturers Association,

Narendra Trivedi,
Secretary


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