CBIC extends time-limit for completion or compliance of actions relating to Anti-Profiteering Measures [Read Notification]

CBIC - Completion - Compliance - Taxscan

The Central Board of Indirect Taxes(CBIC) on Tuesday extended the time-limit for completion or compliance of actions relating to anti-profiteering measures under Section 171 till November 30, 2020.

The Board seeks to amend Notification 35/2020-Central Tax, dated April 3, 2020, which sought to extend the due date of compliance which falls during the period from March 20, 2020, to November 29, 2020, till November 30, 2020, and to extend the validity of e-way bills.

The board amended clause (i) of Notification 35/2020-Central Tax which says, “Provided that where, any time limit for completion or compliance of any action, by any authority, has been specified in, or prescribed or notified under section 171 of the said Act, which falls during the period from the 20th day of March 2020 to the 29th day of November 2020, and where completion or compliance of such action has not been made within such time, then, the time-limit for completion or compliance of such action, shall be extended up to the 30th day of November 2020.”

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