CBIC extended the time period of compliance of any action under Anti Profiteering Measures till Nov 30th 2020

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Team Studycafe | Sep 2, 2020 | Views 1688767

CBIC extended the time period of compliance of any action under Anti Profiteering Measures till Nov 30th 2020

CBIC extended the time period of compliance of any action under Anti Profiteering Measures till Nov 30th 2020

CBIC amended clause (i) of Notification 35/2020-Central Tax by inserting a new proviso, which states that any time limit for completion or compliance of any action, by any authority, which has been specified in, or prescribed or notified under section 171 i.e. Anti Profiteering Measures of the CGST Act, which falls during the period from March 20, 2020 to November 29, 2020, and where the completion or compliance of such action has not been made within such time, then, the time-limit for completion or compliance of such action shall be extended up to November 30, 2020.

 

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