Home India Ministry of Finance In exercise of the powers conferred by sub section 1 of sect...
Date: 2020-09-30 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 1 of section 44 of the Central Goods and Services Tax Act

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This document contains two notifications from the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs. The first notification (No. 69/2020) extends the deadline mentioned in Notification No. 41/2020-Central Tax from September 30, 2020, to October 31, 2020. The second notification (No. 70/2020) introduces amendments to Notification No. 13/2020-Central Tax, modifying provisions related to financial years and exports. Key Points / Main Content: Notification 69/2020 - Central Tax: * Extends the deadline from "30th September, 2020" to "31st October, 2020" mentioned in Notification No. 41/2020-Central Tax, dated May 5, 2020. Notification 70/2020 - Central Tax: * Amends Notification No. 13/2020-Central Tax, dated March 21, 2020. * Replaces "a financial year" with "any preceding financial year from 2017-18 onwards." * Inserts "or for exports" after "goods or services or both to a registered person." Impact Analysis: Commissioner/Council: * Impact: The commissioner on the recommendations of the council, exercises the powers conferred by the stated acts to make the amendments. * Action Required: To implement and ensure compliance with the amended notifications. Taxpayers: * Impact: Taxpayers get an extended deadline and revised rules for financial years and exports. * Action Required: Note the extended deadline and ensure compliance with the updated provisions for financial years from 2017-18 onwards and the inclusion of exports. Government of India/Ministry of Finance/Department of Revenue/CBIC: * Impact: Responsible for implementing and administering the changes to the Central Goods and Services Tax Act and Rules. * Action Required: Update internal systems and guidelines to reflect the changes.

Key Entities Referenced

New Delhi: The city in India where the notification was issued. Ministry of Finance: The Indian government ministry responsible for revenue and financial matters, under which the Department of Revenue operates. Department of Revenue: A department within the Ministry of Finance. Central Board of Indirect Taxes and Customs: An organisation under Department of Revenue. Central Goods and Services Tax Act, 2017: A law passed by the parliament of India related to Goods and Service Tax. Central Goods and Services Tax Rules, 2017: Rules pertaining to the Central Goods and Services Tax Act, 2017. PRAMOD KUMAR: Director in the government, signing the notification. Central Tax: Refers to taxes levied by the Central Government of India under the Goods and Services Tax (GST) regime.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलxx.-GअID.-E3x0xx0 92020-222145 CG-DL-E-30092020-222145 ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 486] नई ददल्ली, , जसतम्ब र 30, 2020/अज‍ि न 8, 1942 No. 486] NEW DELHI, WEDNESDAY, SEPTEMBER 30, 2020/ASVINA 8, 1942 जित्त मंत्रालय (रािस्ट्ि जिभाग) केंद्रीय ऄप्रत्यक्ष कर और सीमा िल्ु क बोडड ऄजधसचू ना नई ददल्ली, 30 जसतम् बर, 2020 सख्ं या. 69/2020-केंद्रीय कर सा.का.जन. 595(ऄ).—अयुक्त, केंद्रीय माल और सेिाकर ऄजधजनयम, 2017 (2017 का 12) की धारा 44 की उपधारा (1) के साथ पठित केंद्रीय माल और सेिा कर जनयम के जनयम 80 द्वारा प्रदत्त िजक्तयों का प्रयोग करत े हुए, पठरषद ् की जसफाठरिों पर, भारत सरकार, जित् त मंत्रालय, रािस्ट्ि जिभाग की ऄजधसचू ना संख्याकं 41/2020-केन्द्द्रीय कर, तारीख 5 मई, 2020, जिसे सा.का.जन. 275(ऄ), ददनांक 5 मई, 2020 के तहत भारत के रािपत्र, ऄसाधारण, के भाग II, खण्ड 3, उपखंड (i) में प्रकाजित दकया गया था, जनम्नजलजखत संिोधन करती ह,ै ऄथाडत्: - 4640 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] उक्त ऄजधसूचना म,ें "30 जसतम्बर 2020" ऄंको और िब्दों के स्ट्थान पर "31 ऄक्टूबर, 2020" ऄंक और िब्द को प्रजतस्ट्थाजपत दकया िाएगा। [फा. स.ं सीबीईसी- 20/06/09/2019 –िीएसटी] प्रमोद कुमार, जनदेिक ठटप्प ण: मूल ऄजधसूचना स.ं 41/2020-केन्द् द्रीय कर, तारीख 5 मई, 2020 द्वारा सा.का.जन. सं. 275(ऄ), तारीख 5 मई, 2020 के तहत भारत के रािपत्र, ऄसाधारण, के भाग II, खंड 3, उपखण्ड (i) म ें प्रकाजित दकया गया था । MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS NOTIFICATION New Delhi, the 30th September, 2020 No. 69/2020 – Central Tax G.S.R. 595(E).—In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017), read with rule 80 of the Central Goods and Services Tax Rules, 2017, the Commissioner, on the recommendations of the Council, hereby makes the following amendment in the notification of Government of India in the Ministry of Finance (Department of Revenue), No. 41/2020-Central Tax, dated the 5th May, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 275(E), dated the 5th May, 2020, namely:- In the said notification, for the figures, letters and words ―30th September, 2020‖, the figures, letters and words ―31st October, 2020‖ shall be substituted. [F. No. CBEC-20/06/09/2019-GST] PRAMOD KUMAR, Director Note: The principal notification No. 41/2020 - Central Tax, dated the 5th May, 2020, was published in the Gazette of India, Extraordinary, vide number G.S.R. 275(E), dated the 5th May, 2020. ऄजधसचू ना नई ददल्ली, 30 जसतम् बर, 2020 सख्ं या. 70/2020-केंद्रीय कर सा.का.जन. 596(ऄ).— सरकार, केन्द्द्रीय माल और सेिा कर जनयम, 2017 के जनयम 48 के उपजनयम (4) द्वारा प्रदत्त िजक्तयों का प्रयोग करते हुए, पठरषद ् की जसफाठरिों पर, भारत के रािपत्र, ऄसाधारण, भाग 2, खडं 3, उपखंड (i) में सा.का.जन. संख्यांक 196(ऄ), तारीख 21 माचड, 2020 द्वारा प्रकाजित, भारत सरकार के जित्त मंत्रालय (रािस्ट्ि जिभाग) की ऄजधसूचना सं. 13/2020- केन्द्द्रीय कर, तारीख 21 माचड, 2020 में जनम्नजलजखत और संिोधन करती ह,ै ऄथाडत ् :- उक्त ऄजधसूचना के पहले पैरा में,- (i) “दकसी जित्तीय िष”ड िब्दों के स्ट्थान पर “2017-18 से दकसी भी पूिडिती जित्तीय िष”ड िब्द रख े िाएंग े ;[भाग II—खण् ड 3(ii)] भारत का रािपत्र : ऄसाधारण 3 (ii) “रजिस्ट्रीकृत व्यजक्त को माल या सेिा या दोनों की” िब्दों के पश्चात ् “या जनयाडत के जलए” िब्द ऄतं ःस्ट्थाजपत दकए िाएंगे ; [फा. स.ं सीबीईसी- 20/06/09/2019 –िीएसटी] प्रमोद कुमार, जनदेिक ठटप्पण : मूल ऄजधसूचना सं. 13/2020-केन्द्द्रीय कर, तारीख 21 माचड, 2020, भारत के रािपत्र, ऄसाधारण में सा.का.जन. 196(ऄ) तारीख 21 माचड, 2020 द्वारा प्रकाजित दकए गए थे और तत्पश्चात् सा.का.जन.481(ऄ), तारीख 30 िुलाई, 2020 द्वारा प्रकाजित ऄजधसूचना सं.61/2020-केन्द्द्रीय कर, तारीख 30 िलु ाई, 2020 द्वारा संिोधन दकया गया था । NOTIFICATION New Delhi, the 30th September, 2020 No. 70/2020 – Central Tax G.S.R. 596(E).—In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:- In the said notification, in the first paragraph, - (i) for the words ―a financial year‖, the words and figures ―any preceding financial year from 2017-18 onwards‖ shall be substituted; (ii) after the words ―goods or services or both to a registered person‖, the words ―or for exports‖ shall be inserted. [F. No. CBEC-20/06/09/2019-GST] PRAMOD KUMAR, Director Note: The principal notification No. 13/2020 – Central Tax, dated the 21st March, 2020 was published in the Gazette of India, Extraordinary, vide number G.S.R. 196(E), dated 21st March, 2020 and was subsequently amended vide notification No. 61/2020-Central Tax, dated the 30th July, 2020, published vide number G.S.R. 481(E), dated the 30th July, 2020. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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