Due to the recent outbreak of COVID-19, to provide certain relaxation to the taxpayers, honorable Finance Minister extended GST return filing due dates. The attached file contains the due dates in a simplified form.
No Interest And Late Fees If Returns Filed Before Below Mentioned Dates
| GSTR-1 | GSTR-3B | ||||
| Turnover in Preceding FY | < 1.5 Cr | > 1.5 Cr | < 1.5 Cr | 1.5 Cr -5 Cr | > 5 Cr * |
| Month | Quarterly | Monthly | Monthly | Monthly | Monthly |
| February | 30-Jun-20 | 11-Mar-20 | 30-Jun-20 | 29-Jun-20 | 24-Jun-20 |
| March | 30-Jun-20 | 30-Jun-20 | 03-Jul-20 | 29-Jun-20 | 24-Jun-20 |
| April | 31-Jul-20 | 30-Jun-20 | 06-Jul-20 | 30-Jun-20 | 24-Jun-20 |
| May | 31-Jul-20 | 30-Jun-20 | 14-Jul-20 | # 14-Jul-20 | 27-Jun-20 |
# For Southern and Western region extended due date for GSTR-3B shall be 12-Jul-2020.
* For Taxpayers having turnover exceeding 5 Cr in preceding FY concession interest @ 9% p.a. shall be levied till 24th June’2020.
Due date has been extended only for GSTR-3B for the month of May. For remaining months and returns conditional waiver of interest and Late Fees has been given.
Concessional Interest for Taxpayers with Turnover > 5 Cr
| Month | Due Date | No Interest Upto this Date | Interest @ 9% p.a for delay upto this date |
| February | 20-Mar-20 | 04-Apr-20 | 24-Jun-20 |
| March | 20-Apr-20 | 05-May-20 | 24-Jun-20 |
| April | 20-May-20 | 04-Jun-20 | 24-Jun-20 |
Interest @ 18% p.a for delay beyond 24th June’2020.
No interest shall be levied for first 15 days from the due date.
GST Due Date For Composition Taxpayers
| Tax Period | Return | Due Date |
| Quarter Ending March | CMP-08 | 07-Jul-20 |
| FY Ending March | GSTR-4 | 15-Jul-20 |
Relevant GST Notifications
| Title | Notification No. | Date |
| CBIC extends due date for furnishing GSTR-3B for May 2020 Month | Notification No. 36/2020-Central Tax | 03/04/2020 |
| CBIC extends Due date of GST compliance & validity of e-way bills | Notification No. 35/2020-Central Tax | 03/04/2020 |
| Due date to furnish CMP-08 & GSTR-4 extended for March Quarter | Notification No. 34/2020-Central Tax | 03/04/2020 |
| Conditional waiver of late fee for delay in furnishing FORM GSTR-1 | Notification No. 33/2020-Central Tax | 03/04/2020 |
| Conditional waiver of late fee for delay in furnishing FORM GSTR-3B | Notification No. 32/2020-Central Tax | 03/04/2020 |
| Lower GST interest Rate only on timely filing of FORM GSTR-3B | Notification No. 31/2020-Central Tax | 03/04/2020 |
| GST Composition Scheme for FY 2020-21 can be opted till 30.06.2020 | Notification No. 30/2020-Central Tax | 03/04/2020 |
Author Bio
Very informative.
Nice information .
Nice information .great job…