The World economy is extended to take a major step back with the advent of Coronavirus outbreak. The Indian Government has been taking practice steps to address the issues concerning the citizens and businesses.  On 24th March 2020, the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman announced important relief measures on statutory and regulatory compliance matters across various sectors. These announcements were particularly focused in the areas of Income Tax, EPF, ESI, GST, Customs & Central Excise, Corporate Affairs, Insolvency & Bankruptcy Code (IBC), Fisheries, and banking services and commerce.

The Important due dates for the period April -June’20 is covered in this article:

Sr. No
Tax Payer
Return Type
Tax Period
Regular Due Dates
Revised Due Dates
In terest
Late Fees & Penalty
Remark
1
Composition Scheme
Intimation for Opting to Composition scheme GST CMP-02
April 2020- March 2021
On or before 31st March 2020
On or before 30th June 2020
NA
NA
NA
2
GST CMP-08 (Quarterly Statement for Com
position dealer)
January 2020- March 2020
18-Apr-20
07-Jul-20
NA
NA
NA
3
GSTR-4 (Annual Return)
April 2019- March 2020
30-Apr-20
15-Jul-20
NA
NA
NA
4
Reversal of ITC in stock for dealer opting for composition scheme  GST ITC-03
April 2020- March 2021
On or before 31st May 2020
31-May-20
NA
NA
5
Regular Tax payer (having aggregate turnover not exceeding Rs 1.5 crore in preceding financial year)
GSTR 3B (Monthly)
Mar-20
22nd/24th April 2020
03-Jul-20
No
No
No interest, late fees or pe nalties of the tax is paid and the returns is filed within the ex tended due dates.
Apr-20
22nd/24th May 2020
06-Jul-20
No
No
May-20
22nd/24th June 2020
State-1 : 12.07.2020
State-1 : 14.07.2020
No
No
6
Regular Taxpayer (having aggregate turnover exceeding Rs 1.5 crore to 5 crores )
GSTR 3B (Monthly)
Mar-20
22nd/24th April 2020
30-Jun-20
No
No
No interest, late fees or penalties of the tax is paid and the returns is filed within the extended due dates.
Apr-20
22nd/24th May 2020
30-Jun-20
No
No
May-20
22nd/24th June 2020
State-1 : 12.07.2020
State-1 : 14.07.2020
No
7
Regular Taxpayer (having aggregate turnover exceeding Rs 1.5 crore to 5 crores )
GSTR 3B (Monthly)
Mar-20
20-Apr-20
30-Jun-20
9% p.a
No
No late fees or penalties of the tax is paid and the returns is filed within the extended due dates.
Apr-20
20-May-20
30-Jun-20
9% p.a
No
May-20
20-Jun-20
27-Jun-20
9% p.a
No
8
Non Resident Taxpayers
GSTR-5
March, April & May, 2020
20th of succeeding month
30-Jun-20
No
No
No late fees or pe nalties of the tax is paid and the returns is filed within the ex tended due dates.
9
Input Service Distributors
GSTR-6
March, April & May, 2020
13th of succeeding month
30-Jun-20
No
No
10
Tax Deductors at Source (TDS deductors)
GSTR-7
March, April & May, 2020
10th of succeeding month
30-Jun-20
No
No
11
Tax Collectors at Source (TCS collectors)
GSTR-8
March, April & May, 2020
10th of succeeding month
30-Jun-20
No
No
12
Outward Supplies
GSTR-1
Mar-20
11-Apr-20
30-Jun-20
No
No
Apr-20
11-May-20
30-Jun-20
No
No
May-20
11-Jun-20
30-Jun-20
No
No
Outward Supplies
GSTR-1  ( Quarterly)
Jan to March’20
30-Apr-20
30-Jun-20
No
No
Taxpayers having an aggregate turnover of up to Rs. 5 Cr. in preceding FY
Tax period Extended date and no late fees if return filed on or before Principal place of business is in State/UT of
May 2020 Group 1 States/UTs 12th July 2020 Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands, Lakshadweep
May 2020 Group 2 States/UTs 14th July 2020 Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi

Further, the due date has been extended to 30th June 2020 for the following matters:

(a) 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

(b) 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;

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One Comment

  1. CA NARENDRA SEKSARIA says:

    GOOD EFFORTS -NEED /CARE FOR CORRECTION
    ABOVE 5CR -WRITTEN1/50-5/00CR-REFER ALSO
    [2020] 116 taxmann.com 55 (Article)
    New due dates for compliances in Indirect Tax Laws

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