Page 78 - GSTL_2nd July 2020 _Vol 38_Part 1

S12 GST LAW TIMES [ Vol. 38

Corrigendum to Notification No. 53/2020-C.T.
In the notification of the Government of India, in the Ministry of Finance,
Department of Revenue, No. 53/2020-Central Tax, dated the 24th June, 2020,
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),
vide number G.S.R. 406(E), dated the 24th June, 2020, at page 12, in line 17, for the
words “third proviso”, read “fourth proviso”.
[M.F. (D.R.) Corrigendum F. No. CBEC-20/06/09/2019-GST, dated 25-6-2020]

Integrated Tax Notifications

Finance Act, 2020 — Section 134 of Finance Act, 2020 shall come
into force w.e.f. 30-6-2020
In exercise of the powers conferred by sub-section (2) of section 1 of the
Finance Act, 2020 (12 of 2020) (hereinafter referred to as the said Act), the Central
Government hereby appoints the 30th day of June, 2020, as the date on which the
provisions of section 134 of the said Act, shall come into force.
[Notification No. 4/2020-I.T., dated 24-6-2020]

Interest rates for tax periods from February, 2020 to July, 2020
reduced — Amendment to Notification No. 6/2017-I.T.
[Amend at page 9.139 of 12th Edition of GST Law Manual, Vol. 2, 2020-21]
In exercise of the powers conferred by section 20 of the Integrated Goods
and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 50
and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the
Government, on the recommendations of the Council, hereby makes the follow-
ing further amendment in notification of the Government of India in the Ministry
of Finance (Department of Revenue), No. 6/2017-Integrated Tax, dated the 28th
June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i) vide number G.S.R. 698(E), dated the 28th June, 2017, namely :-
In the said notification, in the first paragraph, for the first proviso, the
following proviso shall be substituted, namely :-
“Provided that the rate of interest per annum shall be as specified in
column (3) of the Table given below for the period mentioned therein,
for the class of registered persons mentioned in the corresponding entry
in column (2) of the said Table, who are required to furnish the returns in
FORM GSTR-3B, but fail to furnish the said return along with payment
of tax for the months mentioned in the corresponding entry in column
(4) of the said Table by the due date, namely :-

GST LAW TIMES  2nd July 2020  78