GST Notifications issued by CBIC dtd 15.10.2020 - Due date of GSTR3B, GSTR1, HSN codes and much more

CBIC issues various notifications to implement some of the suggestions of GST Council meeting held recently. Notification No. 74/2020, 75/2020, 76/2020, 77/2020, 78/2020, 79/2020 dated 15-10-2020 have been issued to give effect the council recommendation. Let's discuss in detail all the above notifications issued by CBIC dtd. 15.10.2020.

(Notification No. 74/2020 – Central Tax)

Due date of filing of GSTR-1 (Quarterly taxpayers) for the registered persons having aggregate turnover of up to Rs. 1.50 crore in the preceding financial year or the current financial year has been changed to 13th of the month succeeding such quarter.

(Notification No. 75/2020 – Central Tax)

Due date of filing of GSTR-1 (monthly taxpayers) for the registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year has been changed to 11th of the month succeeding such month.

(Notification No. 76/2020 – Central Tax)