India – Goods and Service Tax (GST)

In an attempt to ensure smooth experience in working with us, we have an important update for you. We request you to kindly read this article carefully and take appropriate actions to avoid any disruptions.

Invoices raised by HAPAG-LLOYD AKTIENGESELLSCHAFT for the services rendered to you during the period April 2019 to March 2020, we wish to highlight the below GST Sections as it will matter to you / your organization:

“Section 34 (2) of CGST Act prescribes that credit notes issued against invoices raised during the period April 2019 to March 2020 cannot be reported in the GSTR 1 after filing the return for September 2020 or the annual return for FY 2019-20; whichever is earlier.”

Therefore the credit notes, if any, pertaining to invoices raised during the period April 2019 to March 2020 should be raised and reported in the GSTR 1 return of September 2020. Accordingly, any errors or omissions in the invoices or credit notes as raised to you/your organisation need to be reported to us so that necessary action can be taken in the GSTR 1 return of September 2020. Kindly note we would be requiring sufficient time to rectify the errors as our system will close with the end of the month of September 2020.

To adhere to the above timelines we request you to kindly revert with your GST related queries on or before 15th August 2020 (EOD) at mail ID [email protected]

Kindly note any query received after August 15, 2020 will not be accepted and Hapag-Lloyd AG will not be liable for any GST loss that may occur to you / your Company.