Introduction:
Extending the due dates for various compliances is one of the reliefs extended by the Government to support the struggling taxpayers due to Covid-19 crisis. However, the extensions are not straight forwarded, it comes with conditions and criteria. Hence it is important to carefully check the relevant conditions and make the compliance. We have attempted to summarise the GST returns compliance requirements for the Month of February 2020 to August 2020.
| Form GSTR-3B | ||||||||||
Turnover in Pre. FY |
Month |
Due Date |
No late fees if filed before (note below) |
No Interest till |
Interest of 9% from & till |
Interest @ 18% from |
Ref of Notification |
|||
> 5 Cr |
Feb’20 |
20-03-2020 |
24-06-2020 |
04-04-2020 |
05.04.2020 to 24.06.2020 |
25-06-2020 |
||||
Mar’20 |
20-04-2020 |
24-06-2020 |
05-05-2020 |
06.05.2020 to 24.06.2020 |
25-06-2020 |
For interest – Notification No. 51/2020 – CT dated 24.06.2020For Late fee – Notification No. 52/2020 dated 24.06.2020 |
||||
Apr’20 |
20-05-2020 |
24-06-2020 |
04-06-2020 |
05.06.2020 to 24.06.2020 |
25-06-2020 |
|||||
May’20 |
27-06-2020 |
No waiver |
NA |
28-06-2020 |
||||||
NA |
||||||||||
Jun’20 |
20-07-2020 |
21-07-2020 |
||||||||
Jul’20 |
20-08-2020 |
21-08-2020 |
||||||||
Aug’20 |
20-09-2020 |
21-09-2020 |
||||||||
Turnover in Pre. FY |
Month |
Due Date |
No late fees if file before (see note below) |
No Interest till |
Interest of 9% from & till |
Interest @ 18% from |
||||
≤ 5 Cr & in Group A States |
Feb’20 |
22-03-2020 |
30-06-2020 |
30-06-2020 |
30-09-2020 |
01-10-2020 |
For interest – Notification No. 51/2020 – CT dated 24.06.2020For Late fee – Notification No. 52/2020 dated 24.06.2020 |
|||
Mar’20 |
22-04-2020 |
03-07-2020 |
03-07-2020 |
30-09-2020 |
01-10-2020 |
|||||
Apr’20 |
22-05-2020 |
06-07-2020 |
06-07-2020 |
30-09-2020 |
01-10-2020 |
|||||
May’20 |
12-07-2020 |
12-09-2020 |
12-09-2020 |
30-09-2020 |
01-10-2020 |
|||||
Jun’20 |
22-07-2020 |
23-09-2020 |
23-09-2020 |
30-09-2020 |
01-10-2020 |
|||||
Jul’20 |
22-08-2020 |
27-09-2020 |
27-09-2020 |
30-09-2020 |
01-10-2020 |
|||||
Aug’20 |
01-10-2020 |
NA |
02-10-2020 |
54/2020 – CT dt. 24.06.2020 |
||||||
≤ 5 Cr & in Group B States |
Feb’20 |
24-03-2020 |
30-06-2020 |
30-06-2020 |
30-09-2020 |
01-10-2020 |
For interest – Notification No. 51/2020 – CT dated 24.06.2020For Late fee – Notification No. 52/2020 dated 24.06.2020 |
|||
Mar’20 |
24-04-2020 |
05-07-2020 |
05-07-2020 |
30-09-2020 |
01-10-2020 |
|||||
Apr’20 |
24-05-2020 |
09-07-2020 |
09-07-2020 |
30-09-2020 |
01-10-2020 |
|||||
May’20 |
14-07-2020 |
15-09-2020 |
15-09-2020 |
30-09-2020 |
01-10-2020 |
|||||
Jun’20 |
24-07-2020 |
25-09-2020 |
25-09-2020 |
30-09-2020 |
01-10-2020 |
|||||
Jul’20 |
24-08-2020 |
29-09-2020 |
29-06-2020 |
30-09-2020 |
01-10-2020 |
|||||
Aug’20 |
03-10-2020 |
NA |
04-10-2020 |
54/2020 – CT dt. 24.06.2020 |
||||||
Group A States |
whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar
|
|||||||||
Group B States |
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, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi, |
|||||||||
Note:
|
57/2020-C.T dated 30.06.2020 |
|||||||||
–
| Form | Periodicity | Period | Due Date | No late fees if filed before | Ref of Notification |
| GSTR-1 | Monthly | Mar’20 | 11-04-2020 | 10-07-2020 | 53/2020 – CT dt. 24.06-2020 |
| Apr’20 | 11-05-2020 | 24-07-2020 | |||
| May’20 | 11-06-2020 | 28-07-2020 | |||
| Jun’20 | 11-07-2020 | 05-08-2020 | |||
| Jul’20 | 11-08-2020 | NA | |||
| Aug’20 | 11-09-2020 | ||||
| Quarterly | January to March, 2020 | 30-04-2020 | 17-07-2020 | ||
| April to June, 2020 | 31-07-2020 | 03-08-2020 | |||
| GSTR 4 | Annual | FY 19-20 | 31-08-2020 | No waiver | 59/2020 dated 13.07.20 |
| GSTR – 5 | Monthly | March 2020 to July 2020 | 31-08-2020 | NA | 35/2020 – CT dated 03-04-2020 |
| GSTR – 6 | |||||
| GSTR – 7 | |||||
| GSTR – 8 | |||||
| GSTR – 9 | Annual | 18-19 | 31-12-2019 | 30-09-2020 | 41/2020- C.T dated 05.05.2020 |
| GSTR – 9C | Annual | 18-19 | 31-12-2019 | 30-09-2020 |
The following worth noting:
(i) The due dates are not extended except few cases, the reliefs are only for late fee waiver or reduced liability of the interest
(ii) The late fee waivers & interest concessions are based on the Turnover in Preceding Year & not current year. For February and March 2020, the Turnover of the FY 2018-19 shall be seen whereas, for April, 2020 onwards, the Turnover of FY 2019-20 shall be seen. Due to change of the base year, it may be possible that the same taxpayer would be changing the category of the taxpayers i.e. Larger tax payers to small tax payers and vice-versa.
(iii) Aggregate Turnover to be seen (i.e. Pan India Basis and not state wise), which includes all types of Turnover viz., exempted,
(iv) NIL Late fee in case of NIL Return
(v) Mere Deposit of Tax is not sufficient. Hence, actual filing of the return with setting off the liability only enables the aforesaid benefits
For feedback/queries: venkataprasad@hiregange.com
Author Bio
The due dates for filing GSTR-3B returns for Sept.2020 have also been extended to 22.10.2020 (<5 cr – Gr.A states) & to 24.10.2020 (<5 cr – Gr B. States) vide Noti.No.29/2020 dtd.23.03.2020.
Thank you