CBIC extends timeline for GST CMP-08 and FORM GSTR-4

7th July 2020 is the extended date for submission of GST CMP- 08 for the quarter ending on 31st March 2020 and 15th July 2020 is the extended date for submission of FORM GSTR-4 for the year ending on 31st March 2020.

GSTN Issues Advisory on Tracking GST Refund Application Status

The Goods and Service Tax Network on 28th March 2020 in its news and update column has issued an advisory on tracking GST refund application status on GSTN portal which helps the taxpayer to know the stage at which the pending refund application is with the tax officer.

CBIC Issues measures to facilitate Trade during the lockdown period.

Central Board of Indirect Taxes & Customs in its Circular dated 3rd April 2020 has taken measures for a temporary period under section 143AA of the Customs Act, 1962 to expedite Customs clearance of goods and to maintain balance between Customs control and facilitation of legitimate trade.

DGFT amends the export policy of Diagnostic Kit

Directorate General of Foreign Trade in its notification dated 4th April 2020 has restricted the export of diagnostic kits falling under any ITCHS (Indian Trade Clarification based on Harmonized System of Coding) code with immediate effect.