<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>BRIEF ANALYSIS OF NOTIFICATIONS ISSUED ON 3RD APRIL 2020</title>
    <link>https://www.taxtmi.com/article/detailed?id=9044</link>
    <description>Notifications of 3 April 2020 conditionally extend GST compliance deadlines and temporarily relax penalties: interest on delayed tax is reduced by granting an initial interest free period then a lower rate if FORM GSTR 3B is filed by prescribed extended dates; late fees for GSTR 3B and GSTR 1 are waived for specified periods when filed by the extended cut offs; a general extension of statutory time limits to 30 June 2020 is made subject to listed exclusions; e way bill validity is temporarily deemed extended; composition scheme application and ITC 03 deadlines are extended; Rule 36(4) input tax credit cap is relaxed on a cumulative basis for specified periods.</description>
    <language>en-us</language>
    <pubDate>Mon, 06 Apr 2020 10:19:33 +0530</pubDate>
    <lastBuildDate>Mon, 06 Apr 2020 10:19:33 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=609315" rel="self" type="application/rss+xml"/>
    <item>
      <title>BRIEF ANALYSIS OF NOTIFICATIONS ISSUED ON 3RD APRIL 2020</title>
      <link>https://www.taxtmi.com/article/detailed?id=9044</link>
      <description>Notifications of 3 April 2020 conditionally extend GST compliance deadlines and temporarily relax penalties: interest on delayed tax is reduced by granting an initial interest free period then a lower rate if FORM GSTR 3B is filed by prescribed extended dates; late fees for GSTR 3B and GSTR 1 are waived for specified periods when filed by the extended cut offs; a general extension of statutory time limits to 30 June 2020 is made subject to listed exclusions; e way bill validity is temporarily deemed extended; composition scheme application and ITC 03 deadlines are extended; Rule 36(4) input tax credit cap is relaxed on a cumulative basis for specified periods.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Mon, 06 Apr 2020 10:19:33 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=9044</guid>
    </item>
  </channel>
</rss>