Important Keyword: F. No. CBEC-20/06/03/2020-GST, Notification No. 46/2020 – Central Tax, Section 168A CGST Act 2017, Section 20 IGST Act 2017, Section 21 UTGST Act 2017.
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[F. No. CBEC-20/06/03/2020-GST]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
New Delhi, the 09th June, 2020
Notification No. 46/2020 – Central Tax: Seeks to extend period to pass order under Section 54(7) of CGST Act.
GST: [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
G.S.R…..(E).– In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), and section 21 of Union Territory Goods and Services Tax Act, 2017 (14 of 2017), in view of the spread of pandemic COVID-19 across many countries of the world including India, the Government, on the recommendations of the Council,
Hereby notifies that in cases where a notice has been issued for rejection of refund claim, in full or in part and where the time limit for issuance of order in terms of the provisions of sub-section (5), read with sub-section (7) of section 54 of the said Act falls during the period from the 20th day of March, 2020 to the 29th day of June, 2020, in such cases the time limit for issuance of the said order shall be extended to fifteen days after the receipt of reply to the notice from the registered person or the 30thday of June, 2020, whichever is later
2. This notification shall come into force with effect from the 20th day of March, 2020.
(Pramod Kumar)
Director,
Government of India
Frequently Asked Questions
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What is Notification No. 46/2020 – Central Tax?
Notification No. 46/2020 – Central Tax is an official announcement issued by the Central Government to extend the time frame for passing orders under Section 54(7) of the CGST Act, allowing taxpayers additional time to receive their refund claims.
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Why was this notification issued?
This notification was issued to provide relief to taxpayers by extending the period for processing refund claims, especially in light of challenges posed by the COVID-19 pandemic, ensuring that taxpayers have adequate time for compliance.
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What is Section 54(7) of the CGST Act?
Section 54(7) of the CGST Act pertains to the time limit for the issuance of orders for the refund of tax, specifying that the order must be passed within a certain period from the date of receipt of the application.
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How does this extension benefit taxpayers?
The extension benefits taxpayers by allowing them more time to gather necessary documentation, ensuring that their refund applications are processed accurately and efficiently without the pressure of stringent deadlines.
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What is the new deadline for passing refund orders under this notification?
The new deadline for passing refund orders, as specified in Notification No. 46/2020, extends the period by an additional three months from the original timeframe established under the CGST Act.
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Who is eligible to benefit from this notification?
All taxpayers who have submitted refund applications under the CGST Act and are awaiting the processing of those applications are eligible for the benefits provided by Notification No. 46/2020.
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How can taxpayers ensure their refund applications are processed in light of this extension?
Taxpayers should ensure that their applications are complete and include all required documentation, as well as keep abreast of any updates from the tax authorities regarding the processing of refunds during the extended period.
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Are there any specific conditions attached to this notification?
Yes, the notification specifies that the extension applies to all refund claims submitted within the stipulated time frame and does not affect other conditions laid out in the CGST Act regarding refunds.
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Where can taxpayers find more information about Notification No. 46/2020?
Taxpayers can find more information about Notification No. 46/2020 on the official GST Portal or by consulting with a tax professional for guidance on implications for their specific situations.
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What should taxpayers do if they encounter issues with their refunds after this extension?
If taxpayers encounter issues with their refunds post-extension, they should contact the GST helpdesk or seek assistance from a qualified tax consultant to resolve any outstanding concerns regarding their refund applications.
Download Pdf: https://taxinformation.cbic.gov.in/
