Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance: 5 Changes in Indirect Taxes

The Ministry of Finance has notified Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 yesterday.

Key Changes in Indirect Taxes

1. The last date of furnishing of the Central Excise returns due in March, April and May 2020 has been extended to 30^th June,2020.
2. Wherever the last date for filing of the appeal, refund applications etc., under the Central Excise Act, 1944 and rules made thereunder is from 20^th March 2020 to 29^th June 2020, the same has been extended to30^th June 2020.
3. Wherever the last date for filing of the appeal, refund applications etc., under the Customs Act, 1962 and rules made thereunder is from 20^th March 2020 to 29^th June 2020, the same has been extended to30^th June 2020.
4. Wherever the last date for filing of appeal etc., relating to Service Tax is from 20^th March 2020 to 29^th June 2020, the same has been extended to30^th June 2020
5. The date for making payment to avail of the benefit under Sabka Vishwas Legal Dispute Resolution Scheme 2019 has been extended to 30^th June 2020 thus giving more time to taxpayers to get their disputes resolved.

In addition to the extension of time limits under the Taxation and Benami Acts as above, an enabling section has got inserted in the CGST Act, 2017 empowering the Government to extend due dates for various compliances inter-alia including the statement of outward supplies, filing refund claims, filing appeals, etc. specified, prescribed or notified under the Act, on recommendations of the GST Council.