In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Novel Corona Virus (COVID-19), The government has again come up with Notifications on providing relief to the taxpayers :-
The 1st CGST Notification : Notification No. 49/2020 – Central Tax dated 24th June 2020
- Has appointed 30-06-2020 as the date for 4 Sections of finance act 2020 to come in force
- Has added Dadra and Nagar Haveli and Daman and Diu; & Ladakh in the definition of Union Territory
- Has given power to the government for Constitution of Appellate Tribunal and Benches for Jammu & Kashmir
- Has corrected the point w.r.t the Power to issue instructions or directions
- Has extended the issuing of Removal of difficulties order from 3 years to 5 years
The 2nd CGST Notification : Notification No. 50/2020 – Central Tax dated 24th June 2020
This notification has clarified the prescribed the rates for Composition Scheme which will be effective from 01/04/2020
| Sl.
No. |
Section under which composition levy is opted | Category of registered persons | Rate of tax |
| (1) | (1A) | (2) | (3) |
| 1. | Sub-sections (1) and (2) of section 10 – Engaged only in Supply of Goods | Manufacturers, other than manufacturers of such goods as may be notified by the Government – | half per cent. of the turnover in the State or Union territory – (Both Exempt + Taxable) |
| 2. | Sub-sections (1) and (2) of section 10 – Engaged only in Supply of Goods | Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II | two and a half per cent. of the turnover in the State or Union territory |
| 3. | Sub-sections (1) and (2) of section 10 – Engaged only in Supply of Goods | Any other supplier eligible for composition levy under sub- sections (1) and (2) of section 10 | half per cent. of the turnover of taxable supplies of goods and services in the State or Union territory – Only Taxable |
| 4. | Sub-section (2A) of section 10 – Engaged in Supply of Goods & Services (Notification 2/2019 dt. 07/03/2019 Scheme) | Registered persons not eligible under the composition levy under sub-sections (1) and (2), but eligible to opt to pay tax under sub-section (2A), of section 10 | three per cent. of the turnover of taxable supplies of goods and services in the State or Union territory.’’- Only Taxable . |
The 3rd CGST Notification : Notification No. 51/2020 – Central Tax dated 24th June 2020 & Notification No. 04/2020 – Integrated Tax dated 24th June 2020 has
Waiver/Reduced rate of interest for delayed in filing of GSTR-3B for Various months –
| S. No. (1) | Class of registered persons (2) | Rate of interest (3) | Tax period (4) |
| 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 percent thereafter till 24th day of June, 2020 | February, 2020, March 2020, April, 2020 |
| 2. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of | Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | February, 2020 |
| Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep | Nil till the 3rd day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | March, 2020 | |
| Nil till the 6th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | April, 2020 | ||
| Nil till the 12th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | May, 2020 | ||
| Nil till the 23rd day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | June, 2020 | ||
| Nil till the 27th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | July, 2020 | ||
| 3. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | February, 2020 |
| Nil till the 5th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | March, 2020 | ||
| Nil till the 9th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | April, 2020 | ||
| Nil till the 15th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | May, 2020 | ||
| Nil till the 25th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | June, 2020 | ||
| Nil till the 29th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | July, 2020.”. |
the persons having aggregate turnover above 5 Crore in the preceding financial year , the interest will be levied from 21th of the Subsequent month for the month of May, June , July, Aug, 2020 – that is to say the due date for such types of persons will be 20th of the Subsequent month
The 4th CGST Notification : Notification No. 52/2020 – Central Tax dated 24th June 2020 states that
Wavier of Late Fees for delay in filing of GSTR-3B for the returns from Feb 2020 till June 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 up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep | 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 | ||
| May, 2020 | If return in FORM GSTR-3B is furnished on or before the 12th day of September, 2020 | ||
| June, 2020 | If return in FORM GSTR-3B is furnished on or before the 23rd day of September, 2020 | ||
| July, 2020 | If return in FORM GSTR-3B is furnished on or before the 27th day of September, 2020 | ||
| 3. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | 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 5th day of July, 2020 | ||
| April, 2020 | If return in FORM GSTR-3B is furnished on or before the 9th day of July, 2020 | ||
| May, 2020 | If return in FORM GSTR-3B is furnished on or before the 15th day of September, 2020 | ||
| June, 2020 | If return in FORM GSTR-3B is furnished on or before the 25th day of September, 2020 |
the persons having aggregate turnover above 5 Crore in the preceding financial year , the late fees will be levied from 21th of the Subsequent month for the month of May, June , July, Aug, 2020 – that is to say the due date for such types of persons will be 20th of the Subsequent month
One-time scheme for Non-Fillers of return :-
An waiver / reduction in the late fees for those registered persons who have failed to for reduced Late Fees for the persons who have failed to furnish the return the return in FORM GSTR-3B for the months of July, 2017 to January, 2020, by the due date but furnishes the said return between the period from 01st day of July, 2020 to 30th day of September, 2020
| For Nil Tax Liability | Their will be no Late Fees |
| For registered persons having tax liability | Their will be a Max. late fees levied of Rs. 250/- (under CGST & SGST) i.e. Rs 500/- |
The 5th CGST Notification : Notification No. 53/2020 – Central Tax dated 24th June 2020 states that
The late fees for GSTR-1 stands waived for the following months
| Sl. No.
(1) |
Month/Quarter (2) | Dates (3) |
| 1. | March, 2020 | 10th day of July, 2020 |
| 2. | April, 2020 | 24th day of July, 2020 |
| 3. | May, 2020 | 28th day of July, 2020 |
| 4. | June, 2020 | 05th day of August, 2020 |
| 5. | January to March, 2020 | 17th day of July, 2020 |
| 6. | April to June, 2020 | 03rd day of August, 2020.”. |
The 6th CGST Notification : Notification No. 54/2020 – Central Tax dated 24th June 2020
Prescribes the GSTR-3B Due date for the month of August 2020
| S. No. | Class of registered persons | Tax period | Condition |
| -1 | -2 | -3 | -4 |
| 1 | Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 20th Sept 2020 |
| 2 | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 01st Oct 2020 |
| 3 | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 3rd Oct, 2020 |
Notification No. 04/2020- Integrated Tax dated 24th June 2020
Has extended the issuing of Removal of difficulties order from 3 years to 5 years
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