1. Attention ! GST TAXPAYERS WHO ARE NOT UNDER QRMP SCHEME
File Your monthly GSTR-3B Returns for the month of February, 2021 before 20th March, 2021
Late filing of GSTR-3B Returns will attract late fee & interest
2. Attention ! Non-Resident GST Taxpayers!
File Your monthly GSTR-5 Return for the month of February, 2021 before 20-03-2021
Late filing of GSTR-5 Returns will attract late fee & interest
3. Attention ! Online Information and Database Access or Retrieval (OIDAR) Services Suppliers
Due date for filing monthly GSTR-5A Return for the month of February, 2021 is 20-03-2021
Late filing of GSTR-5A Returns will attract late fee & interest
4. GST TAXPAYERS Whose Aggregate Turnover exceeds Rs. 50 Crore in a Financial Year
Generating E-Invoice for B2B Supply of Goods Services or both is mandatory w.e.f. 1st April, 2021
For more details, please refer to the Notification no. 05/2021-Central Tax dated 08.03.2021 read with Notification no. 13/2020-Central Tax dated 21.03.2020
5. HSN CODE Is mandatory for Goods & Services on Tax Invoices w.e.f. 1st April, 2021
Aggregate Turnover up to Rs. 5 Crore in the preceding financial year – HSN Code of 4 digits is mandatory for all the B2B tax invoices and optional for B2C tax invoice on the supplies of Goods & Services.
Aggregate Turnover more than Rs. 5 Crore in the preceding financial year – HSN Code of 6 digits is mandatory for all the tax invoices (B2B & B2C) on the supplies of Goods & Services.
For more details, please refer to Notification No. 78/2020-Central Tax dated 15.10.2020
