Page 37 - GSTL_2nd April 2020_Vol 35_Part 1

GST PITARA

Central Tax Notifications

Merger of Union Territory of Daman and Diu and Union Territory of
Dadra and Nagar Haveli into Union Territory of Daman and Diu and Dadra
and Nagar Haveli - Special procedure to be followed till 31-5-2020. — The Gov-
ernment has notified that persons whose principal place of business or place of
business was in the erstwhile Union territory of Daman and Diu or in the erst-
while Union territory of Dadra and Nagar Haveli till the 26th day of January,
2020; and is in the merged Union territory of Daman and Diu and Dadra and
Nagar Haveli from the 27th day of January, 2020 onwards, as the class of persons
who shall follow special procedure till 31-5-2020 to ascertain the tax period and
to transfer the balance of Input Tax Credit (ITC) after the filing of the return for
January, 2020 in the electronic credit ledger. — Notification No. 10/2020-C.T., dated
21-3-2020. (See page S3)
Corporate debtors undergoing insolvency resolution process under the
Insolvency and Bankruptcy Code, 2016 - Special procedure to be followed. —
The Government has notified those registered persons (erstwhile registered per-
son), who are corporate debtors under the provisions of the Insolvency and
Bankruptcy Code, 2016 undergoing the corporate insolvency resolution process
and the management of whose affairs are being undertaken by Interim Resolu-
tion Professionals (IRP) or Resolution Professionals (RP), as the class of persons
who shall follow the special procedure in respect of Registration; Filing of Re-
turn; and availing Input Tax Credit, from the date of the appointment of the
IRP/RP till the period they undergo the corporate insolvency resolution process.
— Notification No. 11/2020-C.T., dated 21-3-2020. (See page S4)
FORM GSTR-1 - Requirement for furnishing FORM GSTR-1 for 2019-
20 for taxpayers who could not opt for availing the option of special composi-
tion scheme under Notification No. 2/2019-C.T. (Rate) waived off. — The Cen-
tral Government has amended Notification No. 21/2019-C.T., dated 23-4-2019 to
provide that the persons who have, instead of furnishing the statement contain-
ing the details of payment of self-assessed tax in FORM GST CMP-08 have fur-
nished a return in FORM GSTR-3B for the tax periods in the financial year 2019-

GST LAW TIMES  2nd April 2020  101