Page 38 - GSTL_2nd April 2020_Vol 35_Part 1

J4 GST LAW TIMES [ Vol. 35
20, shall not be required to furnish the statement in outward supply of goods or
services or both in FORM GSTR-1 or the statement containing the details of
payment of self-assessed tax in FORM GST CMP-08 for all the tax periods in the
financial year 2019-20. — Notification No. 12/2020-C.T., dated 21-3-2020. (See page
S5)
E-invoice - Registered person except referred in sub-rules (2), (3), (4)
and (4A) of Rule 54, whose aggregate turnover in a financial year exceeds ` 1
crore to prepare invoice and other prescribed documents under CGST Rule
48(4), w.e.f. 1-10-2020. — The Central Government, in supersession of the Notifi-
cation No. 70/2019-C.T., dated 13-12-2019 has notified that, w.e.f. 1-10-2020,
specified registered person, whose aggregate turnover in a financial year exceeds
` one hundred crore, who shall prepare e-invoice and other prescribed docu-
ments in respect of supply of goods or services or both to a registered person. —
Notification No. 13/2020-C.T., dated 21-3-2020. (See page S6)
Invoice to be issued by specified registered person, whose aggregate
turnover in a financial year exceeds ` five hundred crore, to an unregistered
person (B2C invoice), to have Dynamic Quick Response (QR) code, w.e.f. 1-10-
2020. — The Government, in supersession of Notification No. 72/2019-C.T., dat-
ed 13-12-2019, has notified that, w.e.f. 1-10-2020, an invoice issued by specified
registered person, whose aggregate turnover in a financial year exceeds ` five
hundred crore, to an unregistered person (B2C invoice), shall have Dynamic
Quick Response (QR) code and where such registered person makes a Dynamic
Quick Response (QR) code available to the recipient through a digital display,
such B2C invoice issued by such registered person containing cross-reference of
the payment using a Dynamic Quick Response (QR) code, shall be deemed to be
having Quick Response (QR) code. — Notification No. 14/2020-C.T., dated 21-3-
2020. (See page S6)
Annual return - Time-limit for furnishing of annual return in FORM
GSTR-9 for the financial year 2018-2019, extended till 30-6-2020. — The Com-
missioner of Central Tax has extended the time-limit for furnishing of the annual
return in Form GSTR-9 for the financial year 2018-2019 till 30-6-2020. — Notifica-
tion No. 15/2020-C.T., dated 23-3-2020. (See page S7)
Central Goods and Services Tax Rules, 2017 - Third Amendment of
2020. — The Central Government has amended the Central Goods and Services
Tax Rules, 2017, inter alia, to :
(i) Insert sub-rule (4A) in Rule 8 to provide that, w.e.f. 1-4-2020, the
applicant for registration shall, while submitting an application,
undergo authentication of Aadhaar number for grant of registra-
tion.
(ii) Amend Rule 9(1) to provide that where a person, other than speci-
fied person fails to undergo authentication of Aadhaar number,
then the registration shall be granted only after physical verification
of the principle place of business in the presence of the said person.
(iii) Substitute Rule 25 regarding Physical verification of business
premises in certain cases.
(iv) Substitute, w.e.f. 1-4-2020, clauses (c) and (d), insert Explanation to
clause (e) and omit clause (f) of Rule 43(1) to amend the manner of
determination of input tax credit in respect of capital goods and re-
versal thereof in certain cases.
GST LAW TIMES  2nd April 2020  102