Notification No. 45/2020
Date: June 9, 2020
Subject: Extension of time limit for opting special procedure by corporate debtors.
Description:
This notification amends Notification No. 10/2020–Central Tax to extend the last date from 31 May 2020 to 31 July 2020 for availing the special GST procedure by corporate debtors undergoing insolvency. The amendment is issued under section 148 on the recommendation of the GST Council. It provides additional time for compliance during the pandemic.