Notification No.: 87/2020 – Central Tax
Date of Notification: 10th November 2020
Relevant Sections and Rules:
Central GST Act, 2017:
- Section 168 – Power to issue instructions/directions
CGST Rules, 2017:
- Rule 45(3) – Conditions and restrictions in respect of inputs and capital goods sent to job worker
Integrated GST Act, 2017:
- Not applicable
Summary of Notification
- Extension of Time Limit for ITC-04 Filing:
The Commissioner, with the approval of the Board and in exercise of powers under Section 168 of the CGST Act read with Rule 45(3) of the CGST Rules, has extended the due date for furnishing FORM GST ITC-04. This extension applies to goods dispatched to or received from job workers during the period July 2020 to September 2020, and the new due date is 30th November 2020. - Retrospective Effectiveness:
The notification is deemed to have come into force from 25th October 2020, thereby providing retrospective relief to taxpayers for compliance.
