GST Due dates for the period April to June’20
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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 Composition 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 : 12.07.2020State-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 : 12.07.2020State-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;
Author Bio
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