Notification No. 50/2019 – Central Tax Explained

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Notification No. 50/2019 – Central Tax: Seeks to extend the last date for filing of FORM GST CMP-08 for the quarter July-September 2019 by four days from 18.10.2019 till 22.10.2019.

[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 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2019- Central Tax, dated the 23^rd April, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 322(E), dated the 23^rd April, 2019, namely:–

In the said notification, in paragraph 2, after the first proviso, the following proviso shall be inserted, namely: –

“Provided further that the due date for furnishing the statement containing the details of payment of self-assessed tax in said FORM GST CMP-08, for the quarter July, 2019 to September, 2019, or part thereof, shall be the 22^nd day of October, 2019.”.

2. This notification shall be deemed to have come into force with effect from the 18^th day of October, 2019.

(Ruchi Bisht)
Under Secretary to the
Government of India

Note: - The principal notification No. 21/2019-Central Tax dated the 23^rd April, 2019 was published in the Gazette of India, Extraordinary, vide number G.S.R. 322(E), dated the 23^rd April, 2019 and was last amended by notification No. 35/2019-Central Tax, dated the 29^th July, 2019, published in the Gazette of India, Extraordinary, vide number G.S.R. 534(E), dated the 29^th July, 2019.

📚 Frequently Asked Questions (FAQs): Notification No. 50/2019 – Central Tax

Q1: What is Notification No. 50/2019 – Central Tax about?

Answer:
It extended the due date for filing FORM GST CMP-08 for the Q2 FY 2019-20 to 22 October 2019.

Q2: Who gets the benefit of this extension?

Answer:
All taxpayers registered under Composition Scheme (Section 10 of CGST Act) filing CMP-08.
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👉 https://finodha.in/gst-compliance/

Q3: Why was the due date extended?

Answer:
To reduce compliance burden and give relief due to portal issues and festival season workload.

Q4: What is FORM GST CMP-08?

Answer:
A quarterly form for composition dealers to report:
✔ Self-assessed tax
✔ Turnover details
✔ Tax payment summary
More details: https://finodha.in/gst-return-filing/

Q5: What happens if CMP-08 is filed late?

Answer:
You may face:
Late fees under Section 47
Interest @ 18% per year

Q6: What was the earlier due date?

Answer:
The original date was 18.10.2019, later extended to 22.10.2019.

Q7: Is monthly GSTR-4 still needed?

Answer:
No. Composition taxpayers submit CMP-08 quarterly + Annual GSTR-4.

Q8: Does this notification apply PAN-India?

Answer:
Yes. It applies to all composition taxpayers across India.

Q9: Which GST Rule/Section empowers this change?

Answer:
Issued using Section 148 of CGST Act for special procedures.

Q10: Do Composition dealers issue tax invoices?

Answer:
No. They must issue Bill of Supply (Rule 49 CGST Rules)
Need help?
👉 https://finodha.in/online-gst-registration/

Q11: What turnover limit applies for Composition Scheme?

Answer:
₹1.5 Crore (₹75 lakh in Special Category States)

Q12: Can I apply for Composition Scheme now?

Answer:
Yes, if turnover is within limit.
Apply easily: https://finodha.in/gst-registration/

Q13: Does this extension affect Annual Return?

Answer:
No. GSTR-4 Annual filing still remains mandatory for FY closing.

Q14: How can I avoid future penalties?

Answer:
Set a reminder & file with expert support:
👉 https://finodha.in/gst-compliance/

📌 Conclusion

Notification No. 50/2019 – Central Tax provided much-needed relief to Composition Taxpayers by extending the due date of CMP-08 filing to 22 October 2019. 50

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