{"id":7962,"date":"2023-12-29T08:29:57","date_gmt":"2023-12-29T08:29:57","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=7962"},"modified":"2023-12-29T08:29:57","modified_gmt":"2023-12-29T08:29:57","slug":"government-extends-deadlines-for-gst-officers-to-issue-demand-notices-for-fy-2019-2020","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/government-extends-deadlines-for-gst-officers-to-issue-demand-notices-for-fy-2019-2020\/","title":{"rendered":"Government Extends Deadlines For GST Officers To Issue Demand Notices For FY 2019, 2020"},"content":{"rendered":"

NEW DELHI, Dec 29: Demand\u00a0<\/span><\/span>notices\u00a0<\/span><\/span>for\u00a0<\/span><\/span>discrepancies\u00a0<\/span><\/span>in\u00a0<\/span><\/span>annual\u00a0<\/span>returns\u00a0<\/span><\/span>for\u00a0<\/span>the\u00a0<\/span><\/span>2018\u201319\u00a0<\/span><\/span>and\u00a0<\/span><\/span>2019\u201320\u00a0<\/span><\/span>financial\u00a0<\/span>years\u00a0<\/span><\/span>will\u00a0<\/span>now\u00a0<\/span>have\u00a0<\/span><\/span>more\u00a0<\/span>time\u00a0<\/span><\/span>to\u00a0<\/span>be\u00a0<\/span><\/span>issued\u00a0<\/span>by\u00a0<\/span><\/span>GST\u00a0<\/span><\/span><\/a>officers.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>deadline\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>2018\u201319\u00a0<\/span>fiscal\u00a0<\/span>year\u00a0<\/span><\/span>was\u00a0<\/span>extended\u00a0<\/span><\/span>by\u00a0<\/span><\/span>the\u00a0<\/span>government\u00a0<\/span><\/span>on\u00a0<\/span><\/span>December\u00a0<\/span>28\u00a0<\/span><\/span>to\u00a0<\/span><\/span>April\u00a0<\/span>30,\u00a0<\/span><\/span>2024,\u00a0<\/span><\/span>and\u00a0<\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>2019\u201320\u00a0<\/span>fiscal\u00a0<\/span>year\u00a0<\/span><\/span>to\u00a0<\/span><\/span>August\u00a0<\/span>31,\u00a0<\/span><\/span>2024.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>Finance\u00a0<\/span><\/a>Ministry<\/a>\u00a0<\/span><\/span>has\u00a0<\/span>released\u00a0<\/span><\/span>a\u00a0<\/span>notification\u00a0<\/span><\/span>regarding\u00a0<\/span><\/span>this.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>deadline\u00a0<\/span><\/span>is\u00a0<\/span>currently\u00a0<\/span>set\u00a0<\/span><\/span>for\u00a0<\/span>the\u00a0<\/span><\/span>2018\u201319\u00a0<\/span><\/span>and\u00a0<\/span><\/span>2019\u201320\u00a0<\/span><\/span>fiscal\u00a0<\/span>years,\u00a0<\/span><\/span>respectively,\u00a0<\/span><\/span>on\u00a0<\/span><\/span>March\u00a0<\/span>31,\u00a0<\/span><\/span>2024\u00a0<\/span><\/span>and\u00a0<\/span><\/span>June\u00a0<\/span>30,\u00a0<\/span><\/span>2024,\u00a0<\/span><\/span>respectively.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span><\/span>extension,\u00a0<\/span><\/span>according\u00a0<\/span>to\u00a0<\/span><\/span>Rajat\u00a0<\/span><\/span>Mohan,\u00a0<\/span><\/span>Senior\u00a0<\/span>Partner\u00a0<\/span><\/span>at\u00a0<\/span><\/span>AMRG\u00a0<\/span><\/span>&\u00a0<\/span><\/span>Associates,\u00a0<\/span><\/span>relates\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>issuance\u00a0<\/span><\/span>of\u00a0<\/span><\/span>orders\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>recovery\u00a0<\/span><\/span>of\u00a0<\/span><\/span>tax<\/a>\u00a0<\/span>liabilities\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>financial\u00a0<\/span>years\u00a0<\/span><\/span>2018\u201319\u00a0<\/span><\/span>and\u00a0<\/span><\/span>2019\u201320,\u00a0<\/span><\/span>regardless\u00a0<\/span>of\u00a0<\/span><\/span>whether\u00a0<\/span><\/span>they\u00a0<\/span>are\u00a0<\/span><\/span>the\u00a0<\/span>result\u00a0<\/span><\/span>of\u00a0<\/span><\/span>underpayment,\u00a0<\/span><\/span>nonpayment,\u00a0<\/span><\/span>or\u00a0<\/span><\/span>an\u00a0<\/span>incorrect\u00a0<\/span><\/span>claim\u00a0<\/span><\/span>of\u00a0<\/span><\/span>input\u00a0<\/span>tax\u00a0<\/span>credit.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>government\u00a0<\/span><\/span>had\u00a0<\/span>changed\u00a0<\/span><\/span>these\u00a0<\/span>deadlines\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>past.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>deadline\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>fiscal\u00a0<\/span>year\u00a0<\/span><\/span>2018\u201319\u00a0<\/span><\/span>was\u00a0<\/span>moved\u00a0<\/span><\/span>from\u00a0<\/span><\/span>December\u00a0<\/span>31,\u00a0<\/span><\/span>2023,\u00a0<\/span><\/span>to\u00a0<\/span><\/span>March\u00a0<\/span>31,\u00a0<\/span><\/span>2024.<\/span><\/span><\/span> <\/span><\/span><\/span>Similarly,\u00a0<\/span><\/span>the\u00a0<\/span>deadline\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>fiscal\u00a0<\/span>year\u00a0<\/span><\/span>2019\u201320\u00a0<\/span><\/span>was\u00a0<\/span>moved\u00a0<\/span><\/span>from\u00a0<\/span><\/span>its\u00a0<\/span>original\u00a0<\/span><\/span>March\u00a0<\/span>31,\u00a0<\/span><\/span>2023\u00a0<\/span><\/span>deadline\u00a0<\/span><\/span>to\u00a0<\/span><\/span>June\u00a0<\/span>30,\u00a0<\/span><\/span>2024.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\"Government
Government Extends Deadlines For GST Officers To Issue Demand Notices For FY 2019, 2020<\/figcaption><\/figure>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Dec 29: Demand\u00a0notices\u00a0for\u00a0discrepancies\u00a0in\u00a0annual\u00a0returns\u00a0for\u00a0the\u00a02018\u201319\u00a0and\u00a02019\u201320\u00a0financial\u00a0years\u00a0will\u00a0now\u00a0have\u00a0more\u00a0time\u00a0to\u00a0be\u00a0issued\u00a0by\u00a0GST\u00a0officers. The\u00a0deadline\u00a0for\u00a0the\u00a02018\u201319\u00a0fiscal\u00a0year\u00a0was\u00a0extended\u00a0by\u00a0the\u00a0government\u00a0on\u00a0December\u00a028\u00a0to\u00a0April\u00a030,\u00a02024,\u00a0and\u00a0for\u00a0the\u00a02019\u201320\u00a0fiscal\u00a0year\u00a0to\u00a0August\u00a031,\u00a02024. The\u00a0Finance\u00a0Ministry\u00a0has\u00a0released\u00a0a\u00a0notification\u00a0regarding\u00a0this. The\u00a0deadline\u00a0is\u00a0currently\u00a0set\u00a0for\u00a0the\u00a02018\u201319\u00a0and\u00a02019\u201320\u00a0fiscal\u00a0years,\u00a0respectively,\u00a0on\u00a0March\u00a031,\u00a02024\u00a0and\u00a0June\u00a030,\u00a02024,\u00a0respectively. The\u00a0extension,\u00a0according\u00a0to\u00a0Rajat\u00a0Mohan,\u00a0Senior\u00a0Partner\u00a0at\u00a0AMRG\u00a0&\u00a0Associates,\u00a0relates\u00a0to\u00a0the\u00a0issuance\u00a0of\u00a0orders\u00a0for\u00a0the\u00a0recovery\u00a0of\u00a0tax\u00a0liabilities\u00a0for\u00a0the\u00a0financial\u00a0years\u00a02018\u201319\u00a0and\u00a02019\u201320,\u00a0regardless\u00a0of\u00a0whether\u00a0they\u00a0are\u00a0the\u00a0result\u00a0of\u00a0underpayment,\u00a0nonpayment,\u00a0or\u00a0an\u00a0incorrect\u00a0claim\u00a0of\u00a0input\u00a0tax\u00a0credit. The\u00a0government\u00a0had\u00a0changed\u00a0these\u00a0deadlines\u00a0in\u00a0the\u00a0past. The\u00a0deadline\u00a0for\u00a0the\u00a0fiscal\u00a0year\u00a02018\u201319\u00a0was\u00a0moved\u00a0from\u00a0December\u00a031,\u00a02023,\u00a0to\u00a0March\u00a031,\u00a02024. Similarly,\u00a0the\u00a0deadline\u00a0for\u00a0the\u00a0fiscal\u00a0year\u00a02019\u201320\u00a0was\u00a0moved\u00a0from\u00a0its\u00a0original\u00a0March\u00a031,\u00a02023\u00a0deadline\u00a0to\u00a0June\u00a030,\u00a02024.      <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89],"tags":[],"class_list":["post-7962","post","type-post","status-publish","format-standard","hentry","category-business","category-header","category-national"],"gutentor_comment":0,"yoast_head":"\nGovernment Extends Deadlines For GST Officers To Issue Demand<\/title>\n<meta name=\"description\" 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