Tripura Circular Addresses GST Challenges: Extends Deadlines for IRPs, Clarifies Corporate Debtor Registration, COVID-19 Extensions.
The Government of Tripura issued a circular addressing challenges faced by registered persons in implementing GST provisions. It follows a clarification from the Department of Revenue, emphasizing uniformity in applying GST laws. Key issues include extending the registration deadline for Insolvency Resolution Professionals (IRP) and clarifying registration requirements for corporate debtors. The circular also addresses COVID-19-related extensions, such as the deadline for merchant exporters to export goods and the filing of FORM GST ITC-04. The circular encourages issuing trade notices to disseminate this information and requests feedback on implementation difficulties.
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