GST Realaxation to Taxpayer in Second Wave of Covid-19

 We hope you and your family members are healthy and safe in this Covid-19 pandemic situation, Government is also considering the hurdle faced by the taxpayer to meet the compliance under GST. Hence the Government has issued notifications to provide some relaxation to taxpayers.

Notification No. 07/2021-Central Tax: –

As Per Notification No. 07/2021 dated 27/04/2021  the taxpayer registered under the Companies Act 2013, can file GSTR-1 , GSTR-3B , IFF using EVC from the period 27th April’2021 to 31st May’2021.

Notification No. 08/2021-Central Tax: –

As Per Notification 08/2021 dated 01/05/2021 in  reference to vide notification no. 51/2020

CBIC has provide relaxation in Interest liability occurred due to late filling of GSTR-3B are as follow: –

Class of Taxpayer’s	Rate of Interest	Tax Period for which relaxation has been provided
Taxpayer having aggregate turnover more than 5 crores in Preceding financial year	Return filled within 15 days from due date = 9%	March’2021 April’2021
	Return filled after 15 days from due date = 18%
Taxpayer having aggregate turnover up to 5 crores in Preceding financial year	Return filled within 15 days from due date = NIL	March’2021  April’2021
	Return filled after 15 days from due date    = 9%
	Return filled after 30 days from due date = 18%
Taxpayer paying tax under Section 10 (Composition Scheme)	Return filled within 15 days from due date = NIL	Quarter ending March’2021

This notification shall come into force from 18th April 2021

Similar Notification has been also issued under UTGST, IGST Act

Notification No. 09/2021-Central Tax: –

As Per Notification 09/2021 dated 1/05/2021 in reference to vide notification no. 57/2020

CBIC has waived late fess occurred due to late filling of GSTR-3B are as follows: –

Sr. No.	Class of Taxpayer	Tax Period for which late fees waived	No. of days for which late fess waived
1	Taxpayer having aggregate turnover more than 5 crore in Preceding financial year	March’2021, April’2021	15 Days
2	Taxpayer having aggregate turnover up to 5 crores in Preceding financial year	March’2021, April’2021	30 Days
3	Taxpayer having aggregate turnover up to 5 crores in Preceding financial year	Jan’2021 to Mar’2021	30 Days

This notification shall deem to come into force 20^th April 2021.

Similar Notification has been also issued under UTGST, IGST Act

Notification No. 10/2021-Central Tax: –

As Per Notification no. 10/2021 dated 01/05/2021 CBIC has been extended the Due date of GSTR-4 (Annual return of Composition Taxpayer) to the 31^st May 2021.

This notification shall deemed come into force with effect from 30^th April’2021.

Notification No. 11/2021-Central Tax: –

As Per Notification no. 11/2021 dated 01/05/2021 CBIC has been extended the Due date of ITC – 04 for the period (Jan’21 to Mar’21) to the 31^st May 2021.

This notification shall deemed come into force with effect from 25^th April’2021.

Notification No. 12/2021-Central Tax: –

As Per Notification no. 12/2021 dated 01/05/2021 CBIC has been extended the Due date of GSTR-1 for the period April’2021 to the 26^th May 2021.

Notification No. 13/2021-Central Tax: –

As Per Notification no. 13/2021 dated 01/05/2021 following relaxation has been given

• Compliance with Rule36(4) of CGST Rules 2017 shall be cumulative for the period April’2021 and May’2021, provided further that GSTR-3B of May’2021 shall be furnished after the cumulative adjustment of Input Tax Credit.
• Taxpayer may file IFF (Invoice Furnishing facility) for the Period of April’2021 till 28^th May

Notification No. 14/2021-Central Tax: –

As Per Notification No. 14/2021 dated 01/05/2021 following relaxation has been given

Time limit for any compliance and completion by any authority or by any other person which falls during the period 15^th April-2021 to 30^th May- 2021 shall be extended up to the 31^st May 2021.

Specified compliance for which extension is allowed: –

• completion of any proceeding or passing of any order or issuance of any notice, intimation, notification, sanction or approval or such other action, by whatever name called, by any authority, commission or tribunal, by whatever name called, under the provisions of the Acts stated above; or
• filing of any appeal, reply or application or furnishing of any report, document, return, statement or such other record, by whatever name called, under the provisions of the Acts stated above;

Extension of time limit shall not applicable to following provisions of this act: –

• Chapter IV (Time and Value of Supply)
• 25 (Procedure of Registration)
• 27 (Provision relating to CTP and NRTP)
• 31 (Tax Invoice)
• 37 (Furnishing details of outward supplies)
• 47 (Levy of Late fees)
• 50 (Interest on Delayed payment of Tax)
• 69 (Tax Payable on Self -assessment basis)
• 90 (Liability of partners of firm to pay Tax)
• 122 (Penalty in case of Offences)
• 129 (Detention, Seizure and release of goods and conveyances in Transit)
• 10(3) (Compulsory withdrawal from composition Scheme due to aggregate turnover exceed specified limit)
• 39 except Subsection (3), (4), (5)
• 68 (Relating to E-way Bill)
• Rule and Regulations relating to above mentioned sections
• Compliance relating to Rule 9 (Verification of the application for registration and approval) falls during the period 1^st May 2021 to 31^st May 2021 where completion of such compliance has not been made such time limit for completion of compliance is extended up to 15^th June 2021.
• In cases where a notice has been issued for rejection of refund claim, in full or in part and where the time limit for issuance of order in terms of the provisions of sub-section (5), read with sub-section (7) of section 54 of the said Act falls during the period from the 15th day of April, 2021 to the 30th day of May, 2021, in such cases the time limit for issuance of the said order shall be extended to fifteen days after the receipt of reply to the notice from the registered person or the 31st day of May, 2021, whichever is later.

This notification shall come into force with effect from the 15^th April 2021.