ArticlesLegal Updates

GST Returns Due date Extended _ Due To COVID19

Drafted by CS Lalit Rajput

Keeping in view the preventive measures taken to contain the spread of Novel Coronavirus (COVID-19) and the difficulties being faced by the GST taxpayer, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, has extended the due date for Filing GST Returns

  1. These rules may be called the Central Goods and Services Tax (Fourth Amendment) Rules, 2020.
Notification Particulars Notification Link Notification No. & Date
Seeks to amend CGST Rules (Fourth Amendment) in order to allow opting Composition Scheme for FY 2020-21 till 30.06.2020 and to allow cumulative application of condition in rule 36(4). http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-30-central-tax-english-2020.pdf  30/2020-Central Tax ,

dt. 03-04-2020

 

Form No. Compliance Particulars Due Date (New)
GST CMP-02 Intimation in respect of opting to pay tax under composition scheme for the FY 2020-21 30.06.2020
GST ITC-03 filed by a taxpayer who is liable to pay an amount that is equal to the input tax credit through cash ledger or electronic credit.

(in relation to above intimation)

31.07.2020

 

  1. Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.
Notification Particulars Notification Link Notification No. & Date
Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-31-central-tax-english-2020.pdf  31/2020-Central Tax 

dt. 03-04-2020

 

S.

No. (1)

Class of registered persons

(2)

Rate of interest

(3)

Tax period

(4)

Condition

(5)

1. Taxpayers having an aggregate turnover of  more than rupees 5 crores in  the preceding financial year Nil for first 15 days from the due  date, and  9 per cent thereafter February, 2020, 

March 2020, April, 2020

If return in FORM GSTR-3B is

furnished on or before the 24th day of June, 2020

2

Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year

Nil

February, 2020, March,

2020

If return in FORM GSTR-3B is furnished on or before the 29th day of June, 2020
April, 2020 If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020

3.

Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year

Nil

February, 2020 If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020
March, 2020 If return in FORM GSTR-3B is furnished on or before the 3rd day of July, 2020
April, 2020 If return in FORM GSTR-3B is furnished on or before the 6th day of July, 2020.”.

 

  1. Seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.
Notification Particulars Notification Link Notification No. & Date
Seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-32-central-tax-english-2020.pdf  32/2020-Central Tax 

dt. 03-04-2020

 

S. No.

(1)

Class of registered persons

(2)

Tax period

(3)

Condition

(4)

1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year February, 2020,

March,  2020 and

April, 2020

If return in FORM GSTR- 3B is furnished on or before the 24th day of June, 2020

2.

Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores

February, 2020

and March, 2020

If return in FORM GSTR-

3B is furnished on or

before the 29th  day of June 2020

  in the preceding financial year
April, 2020 If return in FORM GSTR-
3B is furnished on or

before the 30th  day of June,

2020
3. Taxpayers having an aggregate February, 2020 If return in FORM GSTR-
turnover of up to rupees 1.5 crores

in the preceding financial year

3B is furnished on or

before the 30th  day of June,

2020
March, 2020 If return in FORM GSTR-
3B is furnished on or

before  the 3rd  day  of July,

2020
April, 2020 If return in FORM GSTR-
3B is furnished on or

before  the 6th  day  of July,

2020.”.

 

  1. Seeks to provide relief by conditional waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods of February, 2020 to April, 2020.
Notification Particulars Notification Link Notification No. & Date
Seeks to provide relief by conditional waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods of February, 2020 to April, 2020. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-33-central-tax-english-2020.pdf  33/2020-Central Tax 

dt. 03-04-2020

 

Form No. Compliance Particulars Due Date (New)
GSTR-1 

March – 2020

April – 2020

May – 2020

Monthly return that should be filed by every registered dealer. It contains details of all outward supplies i.e sales.

On or Before 30.06.2020

GSTR-1 (Quarterly)

Jan – March 2020

Quarterly return that should be filed by every registered dealer. It contains details of all outward supplies i.e sales.

 

  1. Seeks to extend due date of furnishing FORM GST CMP-08 for the quarter ending March, 2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020.
Notification Particulars Notification Link Notification No. & Date
Seeks to extend due date of furnishing FORM GST CMP-08 for the quarter ending March, 2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-34-central-tax-english-2020.pdf  34/2020-Central Tax 

dt. 03-04-2020

 

Form No. Compliance Particulars Due Date (New)
GST CMP-08 Registered person availing the benefit provided under Notification 2/2019 – Central Tax (Rate) shall be required to furnish details of self-assessed tax in Form

GST CMP-08 for quarter ending March 2020

07.07.2020
GSTR-4  The yearly return for 2019-20 shall be required to be filed in Form GSTR 4 by the above persons 15.07.2020

 

  1. Seeks to extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend validity of e-way bills.
Notification Particulars Notification Link Notification No. & Date
Seeks to extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend validity of e-way bills. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-35-central-tax-english-2020.pdf  35/2020-Central Tax 

dt. 03-04-2020

 

  1. Validity of E-way Bill

Where e-way bill expires between 20.03.2020 and 15.04.2020, validity deemed to have been extended till 30.04.2020

  1. Extension of time limit till 30th June

For completion or compliance of any action due date of which falls between 20th March, 2020 to 29th June, 2020

  1. Activities of taxable person to which extension applies

Filing of appeal, reply, application, furnishing of any report, document return, statement, records

 

  • Non applicability of extension

 

  1. Chapter IV;
  2. sub-section (3) of section 10, sections 25, 27, 31, 37, 47, 50, 69, 90, 122, 129;
  3. section 39, except sub-section (3), (4) and (5);
  4. section 68, in so far as e-way bill is concerned; and
  5. rules made under the provisions specified at clause (a) to (d) above;
  6. Taxpayers who are required to deduct tax at source, ISD, non-resident taxable person and the person required to collect tax at source have been allowed to furnish return/statement for March 2020 to May 2020 on or before 30.06.2020

 

  • E-Way bill
  • Time and Value of Supply
  • GSTR 3B except Return of TDS deductor, input service distributor, Non resident taxable person. These
  • person can furnish return for March 2020, April 2020 and May 2020 on or before 30.06.2020
  • Registration requirement
  • Lapse of composition scheme on exceeding the turnover limit
  • Provisions of casual taxable person and non resident taxable person in relation to registration
  • Tax invoice
  • GSTR 1
  • Levy of late fees
  • Interest on delayed payment of tax
  • Power to arrest
  • Liability of partners of firm to pay tax
  • Penalty
  • Detention, seizure and release of goods and conveyance in transit
  • 6. Seeks to extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend validity of e-way bills.

 

Notification Particulars Notification Link Notification No. & Date
Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020. http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-36-central-tax-english-2020.pdf  36/2020-Central Tax 

dt. 03-04-2020

 

 

  • Revised due date of GSTR 3B for May

 

a. If Turnover > 5Crore:                       b. If Turnover < 5Crore (in two parts)

Due date of GSTR 3B – 

15 States/UT’s: 

(month succeeding such month)

22 States/UT’s:  

(month succeeding such month)

(States:- Chhattisgarh, MP, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, TN, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh) (states:- J&K, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, UP, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha)
Due Date

27.06.2020

Due Date

12.07.2020

Due Date

14.07.2020

 

  1. taxpayers who are required to deduct tax at source under section 51, Input Service Distributors and Non-resident Taxable persons 

Taxpayers who are required to deduct tax at source, ISD, non-resident taxable person and the person required to collect tax at source have been allowed to furnish return/statement for March 2020 to May 2020 on or before 30.06.2020

Source: Various Notifications 

http://www.cbic.gov.in/htdocs-cbec/gst/central-tax-notfns-2017 

For any suggestion / clarification : connect at lalitrajput537@gmail.com

+91 8802581290 (W)

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