Explanations of Recent GST Notification No.

81 to
88/2020-Central Tax
taxguru.in/goods-and-service-tax/explanations-gst-notification-no-81-to-88-2020-central-tax.html

New Notifications in GST (Notification No. 81/2020 to Notification No.

88/2020-Central Taxes)

TABLE OF CONTENTS:

Notification No. Content

81/2020 Regarding Amendment in Sec. 39

82/2020 Regarding New Rules

83/2020 Due Dates of GSTR -1

84/2020 Options for GSTR – 1

85/2020 Procedure for GSTR – 3B

86/2020 Regarding an earlier notification

87/2020 Regarding Form ITC -04

88/2020 Regarding E- Invoicing

Hello Everyone,

Let us start our discussion on the latest notifications issued by the CBIC on 10th of
November 2020 Regarding New Schemes of GST Returns effective from 1st January 2021

To Understand all these notifications, first of all we need to understand section 39 of

CGST Act…

SECTION 39 : FURNISHING OF RETURNS UNDER GST LAW

Section – 39 Describes the form and Manner of furnishing of Returns under GST Law.
For Simplifi-cation of GST and Compliances, govt. has come up with New scheme of GST
Returns and issued certain Notifications for that purpose Let us discuss one by one each
and every Notification and develop our understanding……..

NOTIFICATION NO. 81/2020 – CENTRAL TAX :

This Notification Simply Says that All the New provisions (i.e. Amended) of section – 39
(i.e. Furnishing of returns) has been appointed from 10th of November 2020.

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Note : – The New provisions which was inserted by Govt. will be discussed in next
notifica-tions.

Conclusively we can say that this notification is just related to the date of applicability of
Section – 39.

NOTIFICATION NO. 82/2020 – CENTRAL TAX :-

Through this notification govt. has inserted certain rules for implementing New and
Simplified GST Compliance Procedure.

Before Discussing these Rules we have to know one important aspect about new and
simplified GST Return Procedure. In the New Scheme of GST Returns, GSTR – 3B
Return will be auto – populated from the data of GSTR – 1 (Output Details) and GSTR –
2B(Input Details) effective from 1st January 2021 hence, if there is no any change in the
data of GSTR-1 filed by us and also filed by our supplier then there is no need to change
the auto – populated data of GSTR-3B and if there is any change then we may edit GSTR-
3B. From this procedure the chances of error got reduced.

Now, Let us Discuss the Rule No. 59

RULE NO. 59 :-

Now, we will discuss this rule with the help of certain points.

1. If you have adopted quarterly return filing option, then govt. has given you an facility
that you may furnish your January 2021 month GSTR-1 data till 13th February 2021 and
also Febru-ary 2021 data till 13th march 2021 through IFF (i.e. Invoice furnishing facility)
if your cumu-lative turnover for these two months is up to 50 lakh rs.

2. At the time of march month return you only need to furnish the details of march month
, need not to furnish previous months details and you can file your quarterly return.

3. Now next question is that what is the benefit of this facility??

The Answer is that from January 2021, GSTR – 3B data will be auto – populated from
your GSTR-1 and if taxpayer has adopted quarterly Return Filing Option then he may
furnish his GSTR-1 monthly through IFF facility So, his outward supply will got auto
populated in his GSTR-3B and if his supplier is also an quarterly return filer then he may
furnish his GSTR-1 through IFF facility and the same has been auto Populated in your
GSTR – 2B and GSTR – 3B.

RULE NO. 60 :

This Rule simply talks about the form and manner of ascertaining details of inward supply
As per this rule, the details which was submitted by your supplier in his GSTR-1 will be
auto – populated in your GSTR-2B From your GSTR – 2B , the same has been auto –
populated in your GSTR- 3B.

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RULE NO. 61 :

This rule talks about furnishing of GSTR- 3B Return Every Registered taxable person
other then a person referred to in section 14 of IGST Act, ISD , Non Resident taxable
person or a person paying tax under section 10 or 51 or 52 shall furnish his GSTR – 3B
Return in following Manner :-

STATE – I : Chhattisgarh, Madhya Pradesh, Gujarat, Maha-rashtra, Karnataka, Goa,

Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu
and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshad-
weep.

STATE – II :Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar

Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura,
Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu
and Kashmir, Ladakh, Chandigarh or Delhi.

Now, question is that how we can make the payment of taxes monthly or Quarterly ???

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Note – : Rules Regarding Payment through PMT – 06 will be discussed with
notification No. 85/2020 – Central Tax.

NOTIFICATION NO. 83/2020 – CENTRAL TAX

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NOTIFICATION NO. 84/2020 – CENTRAL TAX :-

Deemed Option Table :-

S.NO. Class of registered person Deemed

option

1 Registered persons having aggregate turnover up to 1.5 crore Quarterly

rupees, who have furnished FORM GSTR-1 on quarterly basis in return
the current financial year

2 Registered persons having aggregate turnover of up to 1.5 crore Monthly

rupees, who have furnished FORM GSTR-1 on monthly basis in return
the current financial year

3 Registered persons having aggregate turnover more than 1.5 crore Quarterly
rupees and up to 5 crore rupees in the preceding financial year return

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NOTIFICATION NO. 85/2020 – CENTRAL TAX :-

Regarding Manner of Payment of taxes in Case of Quarterly GSTR – 3B

Taxpayer has to pay tax equal to 35% of tax liability of such quarter in the First month or
second month or both month of the quarter.

No tax payment is required in following cases:

a. for the first month of the quarter, where the balance in the electronic cash ledger or
electronic credit ledger is adequate for the tax liability for the said month or where there
is nil tax liability.

b. for the second month of the quarter, where the balance in the electronic cash ledger or
electronic credit ledger is adequate for the cumulative tax liability for the first and the
second month of the quarter or where there is nil tax liability .

Note : For opting this scheme taxpayer have to file his all pre-vious period Returns (i.e.
From the date of registration till the date of opting of that option.

NOTIFICATION NO. 86/2020 – CENTRAL TAX :-

Regarding Earlier Notification No. 76/2020 – Central Tax :-

Through the Notification No. 86/2020 Govt has omitted Notification No. 76/2020
In which notifica-tion Govt. has describes the dates of GST Returns from October 2020
till March 2021.

NOTIFICATION NO. 87/2020 – CENTRAL TAX :-

Regarding Due Date of form ITC – 04

The due date for furnishing the declaration in Form ITC – 04 in respect of goods
dispatched to a job worker or received from a job worker, during the period from July,
2020 to September 2020 till the 30th Day of November 2020.

NOTIFICATION NO. 88/2020 – CENTRAL TAX :-

Regarding E – Invoicing

CBIC notifies that E-invoicing is mandatory from 01.01.2021 for every taxpayer (other
than SEZ unit) whose aggregate turnover (TO) in any of the Financial Year from 17-18
exceeds Rs. 100 Crores.

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