Objective of Insolvency Professional Entities redefined: support services to insolvency professionals now sole permitted purpose.
The amendment substitutes regulation 12(1)(a) to provide that such entities' sole objective is to provide support services to insolvency professionals, thereby restricting their permissible purpose to ancillary support for insolvency practice and clarifying the scope of activities allowed under the Insolvency Professionals regulatory framework.

Extension of period to pass orders under section 54(7): notification defers the June deadlines to late August.
Using power under section 168A of the Tamil Nadu GST Act, the notification amends Notification No. II(2)/CTR/377(a-1)/2020 by substituting the first-paragraph deadlines: the date then stated as the 29th day of June is replaced by the 30th day of August, and the date then stated as the 30th day of June is replaced by the 31st day of August, thereby deferring the applicable cut-off dates for orders under sub-section (7) of section 54.

Extension of GST compliance deadlines to late August postpones filings and compliance obligations originally due in June.
Amendment under section 168A substitutes two specific day references in the cited notification to postpone GST compliance due dates: clause (i) replaces an end-of-June date with an end-of-August date and a second date is moved to the following day in August, thereby extending filing and compliance timelines specified in the earlier notification.

Late fee waiver: specified taxpayers filing outstanding GST returns by the extended deadline receive partial or full waiver.
Provisos waive late fee under section 47 for specified classes of registered persons who furnish outstanding returns by 30 September 2020: waiver applies to the amount in excess of two hundred and fifty rupees and is fully waived where the state tax payable is nil. A separate proviso extends the same waiver to taxpayers above the aggregate turnover threshold who file FORM GSTR-3B for the specified months by 30 September 2020. The notification is deemed effective from 25 June 2020.

GST late-fee waiver reduces liability for eligible delayed returns filed within the prescribed extended filing period.
Late-fee relief is provided for specified delayed GST returns filed by 30 September 2020, subject to the applicable conditions. Late fees are waived to the extent exceeding Rs. 250 and are fully waived where the total central tax payable in the relevant return is nil. The relief also applies to taxpayers with aggregate turnover exceeding Rs. 5 crore in the preceding financial year who file delayed FORM GSTR-3B returns for May through July 2020 by that date. The amendments are deemed effective from 25 June 2020.

Extension of revocation period for GST registrations cancelled via email or portal-later of service date or 31 August governs.
For cancellations served electronically under section 169 where orders were passed up to 12 June 2020, the thirty-day period to apply for revocation under section 30 is to be calculated from the later of the date of service of the cancellation order or 31 August 2020, thereby extending the filing window; the Order is issued under section 172 and is effective from 25 June 2020.

Electronic verification for company GST returns permitted via EVC, enabling filing of GSTR-3B and GSTR-1 within specified period.
The amendment allows companies registered under the Companies Act, 2013 to verify and furnish FORM GSTR-3B via electronic verification code (EVC) from 21 April 2020 to 30 September 2020, and to verify and furnish FORM GSTR-1 via EVC from 27 May 2020 to 30 September 2020, by substituting provisos to rule 26(1); the amendment is deemed effective 27 May 2020.

Late fee waiver for delayed GST returns allows conditional relief if returns are filed by the specified cut-off and tax is nil.
Amendment waives late fees under the Sikkim Goods and Services Tax Act for specified classes of registered persons who furnish designated GST returns by 30th September, 2020: amounts in excess of two hundred and fifty rupees are waived and fees are fully waived where the declared state tax payable in the return is nil. A parallel proviso applies to taxpayers above the aggregate turnover criterion who delayed filing FORM GSTR-3B for the identified months, subject to the same waiver conditions. The notification is deemed effective from 25th June, 2020.

Late fee waiver for delayed GST returns: excess fees waived and full waiver if no central tax payable upon filing by the extended deadline.
Waiver of late fee under section 47 is granted where specified registered persons furnish returns by 30th September, 2020: late fee in excess of two hundred and fifty rupees is waived, and it is fully waived where the total central tax payable in the return is nil. Taxpayers above the stated aggregate turnover threshold who file FORM GSTR-3B for specified months by 30th September, 2020 receive the same waiver. The amendment to Notification No. 76/2018-Central Tax is deemed effective from 25th June, 2020.

Extension of GSTR-3B due date for eligible small taxpayers allows later electronic filing via the common portal.
Extension of the due date for furnishing FORM GSTR-3B for August 2020 is granted to taxpayers with aggregate turnover up to five crore rupees, requiring electronic filing through the common portal. Taxpayers with principal places of business in specified western, southern and island jurisdictions may file on or before the 1st day of October 2020; those in specified northern, eastern and remaining Union territories may file on or before the 3rd day of October 2020.

Fixation of tariff value: substituted schedules set prescribed import valuation rates for selected commodities and precious metals.
Notification No. 54/2020-Customs (N.T.), issued under section 14(2) of the Customs Act, substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.), establishing tariff values in US dollars for specified imported commodities (edible oils, brass scrap, poppy seeds, areca nut) and unit values for gold and silver, with explanatory scope for particular forms and entries.

Extension of GSTR-3B due date: taxpayers below the turnover threshold must file August returns electronically by the revised deadline.
An amendment inserts a proviso requiring taxpayers whose aggregate turnover in the previous financial year does not exceed the specified threshold to furnish Form GSTR-3B for August 2020 electronically through the common portal by the newly prescribed due date, thereby extending the filing deadline for that turnover-based class of taxpayers.

E-way bill validity extension deemed to extend affected bills until the government-specified extended date under GST rules.
Specified e-way bills generated on or before the 24th day of March, 2020 whose validity expired on or after the 20th day of March, 2020 are deemed to have their validity extended until the 30th day of June, 2020. The amendment substitutes the proviso in the earlier notification and is effective from the 31st day of May, 2020, applying to e-way bills issued under the GST rules.

Extension of time limits for refund rejection orders: deadline extended to fifteen days after reply or June thirtieth.
Where a notice has been issued for rejection of a refund claim and the time for issuance of the order fell between 20 March 2020 and 29 June 2020, the deadline for issuing that order is extended to fifteen days after receipt of the registered person's reply to the notice or 30 June 2020, whichever is later; this extension is effective from 20 March 2020.

Exemption under section 50CA for unquoted share transfers where Tribunal approved resolution plans follow board suspension.
Rule 11UAD exempts transfers of movable property consisting of unquoted shares from the operation of section 50CA where the Tribunal has suspended the company's board on a Central Government application and appointed Government nominated directors, and where such shares are transferred pursuant to a Tribunal approved resolution plan after affording a reasonable opportunity of being heard to the jurisdictional Principal Commissioner or Commissioner.

Exemption for Category-I foreign portfolio investor funds: specified Section 9A(3) conditions inapplicable with retrospective effect.
Conditions in clauses (e), (f) and (g) of sub-section (3) of section 9A shall not apply to an investment fund established by a Category-I foreign portfolio investor registered under the SEBI (Foreign Portfolio Investors) Regulations, 2019; the notification gives retrospective effect from 23 September 2019 and records that no person is adversely affected by that retrospective application.

Revocation of registration window extended for taxpayers served cancellation notices electronically to allow delayed applications.
For registered persons whose cancellation orders were served electronically and passed on or before 12 June 2020, the 30 day period to apply for revocation of cancellation under section 30 shall be calculated from the later of the date of service of the cancellation order or 31st August 2020, thereby extending the actionable period for those served via email or made available on the common portal.

Waiver of late fee for delayed GSTR-1 filing permitted when outward supplies are submitted by specified extended deadlines.
Waiver of the late fee is granted for registered persons who fail to furnish details of outward supplies in FORM GSTR-1 by the original due date for specified months and quarters, provided they furnish those details on or before the specified extended dates set out in the notification for the relevant periods.

Late fee waiver for delayed GSTR-3B filings: conditional amnesty and extended filing deadlines to encourage compliance.
Amendment prescribes extended, turnover-differentiated filing deadlines for FORM GSTR-3B for February-July 2020 and grants a one-time waiver of late fee amounts in excess of a baseline for returns from July 2017 to January 2020 if filed between 1 July and 30 September 2020, with a full waiver where the return shows nil State tax payable.

Interest concession for delayed GSTR-3B filings sets staggered nil-interest windows, then a uniform interest rate thereafter.
The notification amends the proviso to prescribe time-limited interest treatment under section 50 for GSTR-3B filers: higher-turnover taxpayers receive nil interest for the first 15 days from the due date and 9% thereafter until 24 June 2020 for February-April 2020; lower-turnover Odisha-based taxpayers obtain staggered nil-interest windows for February-July 2020 for specified cutoff dates, with 9% per annum applying thereafter until 30 September 2020.