GST Updates, Important Updates -

Extension of validity of E-way bill, Nil return through SMS, Extension of Annual Return

CBIC issued notifications on 5 May 2020 to offer further relaxations amidst the lockdown. The notifications have extended the validity of e-way bill; permitted verification of GSTR 3B of companies by way of Electronic Verification Code (EVC), and extended the time limit for furnishing annual return as well as reconciliation statement. Following are the details of the notifications:

NotificationRelief provided
Notification no. 38/2020 – Central Tax dated 5 May 2020Electronic Verification Code (EVC) allowed for companies furnishing returns in Form GSTR 3B from 21 April 2020 to 30 June 2020. Nil Return in Form GSTR 3B can now be furnished through SMS using the registered mobile number. An OTP (one-time-password) will be generated for verification. 
Notification no. 40/2020 – Central Tax dated 5 May 2020Period of validity of e-way bill generated on or before 24 March 2020 and expiring between 24 March 2020 to 15 April 2020, has now been extended to 31 May 2020. 
Notification no. 41/2020 – Central Tax dated 5 May 2020Time limit for filing annual return in Form GSTR 9 and reconciliation statement in Form GSTR 9C for FY 2018-19 has now been extended till 30 September 2020. 

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