Gist of extension notifications No. 8/2021-Central Tax to 14/2021-Central Tax issued by CBIC on 01.05.2021 by which Relaxation has been provided in respect of Various GST Returns and GST Compliance.
1. Applicable rates of interest (08/2021 – Central Tax):
| Particulars | Months | Rate of interest |
| Turnover > 5 crores in Last FY (Monthly Returns) | March and April 2021 | Delay of 1st 15 days – 9% p.a. Thereafter – 18% |
| Turnover < 5 crores in Last FY (Quarterly Returns, Monthly Payments) | March and April 2021 | Delay of 1st 15 days – NIL Delay in next 15 days – 9% Thereafter – 18% |
| Composition scheme | Quarter ended March 2021 | Delay of 1st 15 days – NIL Delay in next 15 days – 9% Thereafter – 18% |
Note: Transactions of February 2021 and earlier disclosed in the months of March 2021 will be liable to interest at 18% and the concessional interest rates shall not be applicable. This is only in cases where there is a delay in filing GST Returns along with tax payments for March and April 2021.
2. Waiver of late fees for filing GSTR 3B (09/2021 – Central Tax):
| Particulars | Months | Late fees waiver |
| Monthly Return filers (Turnover > 5 crores) | March and April 2021 | 15 days from due date |
| Monthly Return filers (Turnover < 5 crores) | March and April 2021 | 30 days from due date |
| Quarterly Return filers | Quarter ending March 2021 | 30 days from due date |
| Composition scheme | Quarter ended March 2021 | Delay of 1st 15 days – NIL Delay in next 15 days – 9% Thereafter – 18% |
Note: If GSTR 3B is filed after 20 days, late fees for 5 days will be applicable in the 1st case.
3. Due date of GSTR 4 (Composition Scheme Annual Return) for FY 2020-21 is extended from 30th April to 31st May, 2021.
4. Due date of ITC 04 (Details of goods received / sent to job worker) for Quarter January -March 2021 is extended from 25th April to 31st May, 2021.
5. Due date of GSTR 1 for April 2021 is extended from 11th May to 26th May, 2021.
6. Compliance under Rule 36(4) of the CGST Rules, 2017: The restriction is allowed to be cumulatively computed for the tax periods April 2021 and May 2021 in the return pertaining to May 2021.
7. Due date of IFF for April 2021 extended from 13th May to 28th May, 2021.
8. Any time limit for compliance under GST law falling during the period 15th April 2021 to 30th May 2021 shall stand extended to 31st May, 2021 except:
(a) Time of supply
(b) Registration procedures
(c) Time limit for issuing tax invoices
(d) Returns (since it is extended under other notifications)
(e) Arrest
(f) Penalty
(g) Detention / Seizure
(h) E-Way Bill
9. Time limit for any action relating to registration procedure falling between 1st May to 31st May 2021 shall stand extended to 15th June, 2021. Example:
(a) Clarifications to be sought by the officer within 7 days,
(b) Reply to clarifications to be furnished by applicant within 7 days,
(c) Reject / approve the registration within 7 days
10. Time limit for passing order in relation to rejection of refund claim falling between 15th April to 30th May, 2021 shall stand extended to 31st May 2021 or 15 days after receipt of reply to show cause notice, whichever is later.
Link to Notifications-
Relevant Notification Links-
| Title | Notification No. | Date |
|---|---|---|
| Relaxations in time limits for completion or compliance under GST law | Notification No. 14/2021- Central Tax [G.S.R. 310(E)] | 01/05/2021 |
| CBIC extends due date for IFF to 28th May & amends rule 36(4) | Notification No. 13/2021- Central Tax [G.S.R. 309(E)] | 01/05/2021 |
| GSTR-1 due date for April 2021 extended to 26th May 2021 | Notification No. 12/2021- Central Tax [G.S.R. 308(E)] | 01/05/2021 |
| CBIC extends due date for filing GST ITC-04 to 31st May 2021 | Notification No. 11/2021- Central Tax [G.S.R. 307(E)] | 01/05/2021 |
| CBIC extends due date for filing GSTR 4 (Composition Scheme) | Notification No. 10/2021- Central Tax [G.S.R. 306(E)] | 01/05/2021 |
| Govt waives Late Fees on delayed filing of March/April GSTR 3B Return | Notification No. 09/2021- Central Tax [G.S.R. 305(E)] | 01/05/2021 |
| Relaxation in GST interest rate for March & April 2021 | Notification No. 08/2021- Central Tax [G.S.R. 304(E)] | 01/05/2021 |
| UTGST: Relaxation in GST interest rate for March & April 2021 | Notification No. 01/2021-Union Territory Tax [G.S.R. 312(E)] | 01/05/2021 |
| IGST: Relaxation in GST interest rate for March & April 2021 | Notification No. 01/2021-Integrated Tax [G.S.R. 311(E)] | 01/05/2021 |
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Author Bio
If due date is on 13/02/2021 for GSTR 10 then late fees applicable if it is filed today i.e. on 30/05/2021?
What about S. Court order for late fees waived off till the date notified by authority?
Sir,
Could you clarify if GSTR-10 (Final return) filing of which is due within 15th April to 30th May also stands extended by Notification 14/2021- Central Tax dtd 01/05/2021