Page 21 - GSTL_7th May 2020_Vol 36_Part 1

GST PITARA

Central Tax Notifications

Central Goods and Services Tax Rules, 2017 - Fifth Amendment of
2020. — The Central Government has amended Central Goods and Services Tax
Rules, 2017 to :
(i) Insert, w.e.f. 21-4-2020, second proviso in Rule 26(1) to provide that
a registered person registered under the Companies Act, 2013 shall,
during the period from 21-4-2020 to 30-6-2020, also be allowed to
furnish the return under Section 39 in FORM GSTR-3B verified
through Electronic Verification Code (EVC); and
(ii) Insert Rule 67A. Manner of furnishing of return by short mes-
saging service facility, w.e.f. a date to be notified later, to allow
furnishing of a NIL return by a registered person in FORM GSTR-
3B for a tax period that has nil or no entry in all the Tables through
a Short Messaging Service (SMS) using the registered mobile num-
ber and the said return shall be verified by a registered mobile
number based One Time Password facility. — Notification No.
38/2020-C.T., dated 5-5-2020. (See page S3)
Corporate debtors under undergoing Corporate Insolvency Resolution
Process (CIRP) - Dates to take new Registration prescribed. — The Government
has amended Notification No. 11/2020-C.T., dated 21-3-2020 to provide that :
(i) Registered person, who are corporate debtors under the Insolvency
and Bankruptcy Code (IBC), 2016, undergoing Corporate Insolven-
cy Resolution Process (CIRP) and the management of whose affairs
are being undertaken by Interim Resolution Professionals (IRP) or
Resolution Professionals (RP) shall not include those corporate
debtors who have furnished the statements under Section 37 and
the returns under Section 39 of the said Act for all the tax periods
prior to the appointment of IRP/RP; and
(ii) the said class of persons shall, with effect from the date of appoint-
ment of IRP/RP, be treated as a distinct person of the corporate
debtor, and shall be liable to take a new registration in each of the
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