GST Compliance Relaxations pursuant to GST Council Recommendations –
Pursuant to the GST Council recommendations in their 43rd meeting held on 28th May 2021 at New Delhi, CBIC has issued series of notifications relaxing GST compliance requirements.
The changes are categorized in below major areas and summarized for ease of understanding –
A. Reduction of late fees under GST-
The Government, vide Notification No. 19/2021, dated 1st June, 2021, inter alia, has waived the late fee payable, in excess of amount as specified in the Tables, as given below:
1. For the registered persons who have failed to furnish the return in FORM GSTR-3B, for the months /quarter of July, 2017 to April, 2021, by the due date:
| Sl. No | Return in FORM GSTR-3B for the month/ quarter of | Amount of Central & State/UT tax payable in the return | If Return furnished between | Late fee payable waived in excess of (Rs) |
| 1 | July, 2017 to April, 2021 | NIL | 1st June, 21 and 31st August,21 | 500 |
| 2 | July, 2017 to April, 2021 | Not NIL | 1st June, 21 and 31st August,21 | 1000 |
2. For the tax period of June, 2021 onwards or quarter ending June, 2021 onwards:
| Sl. No | Class of registered persons | Late fee payable waived in excess of (Rs) |
| 1 | Registered persons whose total amount of Central Tax & State/UT tax payable in the said return is Nil | 500 |
| 2 | Registered persons having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year, other than those covered under S. No. 1 | 2,000 |
| 3 | Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees 5 crores in the preceding financial year, other than those covered under S. No. 1 | 5,000 |
B. Extension of due dates for various compliances –
Government has extended the dates of various compliances by Taxpayers under GST vide Notn No 12/2021-CT, dated 1st May, 2021, read with Notn No 17/2021 CT dated 1st June, 2021, Notn No 14/2021-CT, dated 1st May, 2021, read with Notn No 24/2021-CT, dated 1st June, 2021, Notn No 25/2021-CT, dated 1st June, 2021, Notn No 26/2021-CT, dated 1st June, 2021.
The details are summarized below:
1. Filing of Form GSTR-1/IFF by Normal Taxpayers:
| Sl. No. | Form Type | To be filed by | Tax period | Due Date/last date | Due Date/ last date Extended till |
| 1 | Form GSTR-1 (Monthly) | Normal Taxpayer filing Monthly returns | May,2021 | 11.06.2021 | 26.06.2021 |
| 2 | Form IFF (optional) | Normal Taxpayers under QRMP Scheme | May,2021 | 13.06.2021 | 28.06.2021 |
2. Filing of Returns by Composition, Non Resident Taxpayers, Input Service Distributors, TDS & TCS Taxpayers and Job Work Return:
| Sl. No. | Return Type(Form) | To be filed by | Tax period | Due Date | Due Date Extended till |
| 1 | GSTR-4 | Composition Taxpayers (Annual Return) | FY 2020-21 | 30th April, 2021 | 31st July, 2021 |
| 2 | GSTR-5 | Non Resident Taxpayers (NRTP) | March/April/May, 2021 | 20th April/ May/June, 2021 | 30th June, 2021 |
| 3 | GSTR-6 | Input Service Distributors (ISD) | April/May, 2021 | 13th May/June, 2021 | 30th June, 2021 |
| 4 | GSTR-7 | Tax Deductors at Source (TDS deductors) | -do- | 10th May/June, 2021 | 30th June, 2021 |
| 5 | GSTR-8 | Tax Collectors at Source (TCS collectors) | -do- | 10th May/June, 2021 | 30th June, 2021 |
| 6 | ITC – 04 | Job Work Return | Quarter Jan-Mar 21 | 25th April 21 | 30th June 21 |
3. Filing of Form ITC-04: The due date for filing of Form GST ITC-04 (to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker) for the quarter Jan-March, 2021, (due date 25th April, 2021) has been extended till 30th June, 2021
C. Relief in form of Waiver of Interest and/or Late fees (Notification No 18 and 19/2021 dated 1st June 21)-
Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for periods of March, April & May, 2021, vide The details are summarized below:
1. Relaxations in filing Form CMP-08 for Composition Taxpayers:
| Sl. No. | Tax Period | Due date of filing | Reduced Rate of Interest | Waiver of late fee till | ||
| First 15 days from due date | Next 45 days | From 61st day onwards | ||||
| 1 | March, 2021 (Qtr.) | 18th April, 2021 | No Interest | 9% | 18% | NA |
2. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B
| Sl. No. | Tax Period | Class of taxpayer (Based on AATO) |
Due date of filing | Reduced Rate of Interest | Waiver of late fee till | ||
| NIL | 9% | 18% | |||||
| 1 | March, 2021 | > Rs. 5 Cr. | 20th April | NA | First 15 days | From 16th Day | 5th May, 2021 |
| Up to Rs. 5 Cr | 20th April | First 15 days | For next 45 days | From 60th day onwards | 19th June, 2021 | ||
| 2 | April, 2021 | > Rs. 5 Cr. | 20th May | NA | First 15 days from Due date | From 16th Day from due date | 4th June, 2021 |
| Up to Rs. 5 Crs | 20th May | First 15 days | For next 30 days | From 45th day onwards | 4th July, 2021 | ||
| 3 | May, 2021 | > Rs. 5 Cr. | 20th June | NA | First 15 days from Due date | From 16th Day from due date | 5th July, 2021 |
| Up to Rs. 5 Cr | 20th June | First 15 days | For next 15 days | From 30th day onwards | 20th July, 2021 | ||
3. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme
| Sl. No. | Tax Period | Form Type | Due date of filing | Reduced Rate of Interest | Waiver of late fee till | ||
| 1st 15 days from due date | Next 45 days | From 61st day onwards | |||||
| 1 | March, 2021 | Form GSTR-3B (Quarterly) | 22/24th April, 2021,(Group A/B) | No Interest | 9% | 18% | 21/ 23rd June, 2021,(Group A/B) |
| 2 | April, 2021 | Form GST PMT-06 | 25th May, 2021 | No Interest | 9% | 18% | NA |
| 3 | May, 2021 | Form GST PMT-06 | 25th June, 2021 | No Interest | 9% | 18% | NA |
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Author Bio
Dear Sir,
We have GSTR-1 & GSTR-3B not filed from April-2021. So please provide us let fee charge up to date January-2022 return filling.
Regards & Thanks,
B K Sharma
9818870442
Dear Sir, above return only nil and prop. co.
Regards & Thanks,
B K Sharma
9818870442
Last date to file Gstr 3b For the tax period April 2021 is Extended to 04/07/2021.
Similarly Last date to file Gstr 3b For the tax period May 2021 is Extended to 20/07/2021 and June 2021 is extended to 20/07/2021
Actual interest Calculation :
tax liability *(No of days delayed / 365 ) * 18%
How to calculate Number of days delayed For the tax period April may 2021 if I File the returns in Sep ?
For April .. Can I calculate From date is 05/07/2021 ?? or 20/05/2021 ??
For May …. From date 21/07/2021 or 20/06/2021 ??
As an composition dealer, not yet filed gst return from January2021, is late fee applicable for me as COMPOSITION DEALER,,
i want to know how Amnesty scheme of GST works, My registration no is cancelled
How to approch now as officer has not issued any order allowing me to upload the retuens
kimdly advice
thanks
milan shah
9820153685
please tell how much penalty should pay to file the gstr3b from month of july 2017 to june2021
Dear Sir,
If GST Return is not file from Oct-2018 than Late fees will be ?? & Also Interest perecentage? Turnover is below 1cr
Hi, there is a way to save late fees which are shown in the first month.
you even need not pay 500rs per months late fees on nil return filing
what’s up me at 9166.387878
If I filed nil return of feb 2020. then how much late fee will be payable.
Dear sir, Based on the notice of the proper officer i paid the dues with interest, voluntarily through challan. the paid amount reflected in my cash ledger. Some time later, the proper officer direct me to create DRC 03 for that voluntary payment. I done it and adjusted the due from my cash ledger> Now the proper officer demanded interest for the belated payment of tax into Government account. Am i need to pay interest. For info. After volutary payment i have not done any business and filed nil return till April 2021.
Dear Sir,
For delayed payment of tax (if the payment is made in cash for any month), interest at 18% is applicable
Regards
Rohit
Sir/Madam
Well. I am in TamilNadu. Here COVID lockdown contd., till date upto 14.06.2021. No shops are opened , if you opened fine for Rs.5,000 to no limit. Here GST returns are pending from March 21, April 21, may 21, June 21., contd., But the GOVT. OF INDIA – MINSTRY OF FINANCE – putting LAST DATE 15days, 30daysetc., 9% & 18%, & 24% interest charged. HOW WE CAN FILE THE GST RETURNS, UPTO DATES. WHO IS LIABILE TO PAY THE INTEREST AND TAX + LATE FEES.
GIVE ME THE CLARIFICATIONS. IN THIS REGARDS.
CA’S, GSTP’S, ADVOCATE’S, ICWA’S .. above persons are sleeping in well of his offices are closed.
Totallt liability only owners of the GST REGD. persons.
Thanks.
Dear Sir,
In case you need assistance in compliance filing please do contact me at [email protected]
Regards
Rohit
DERA SIR,
WHEN ANY ONE LATE PAY TAX FOR THE MONTH OF JUNE IN CURRENT MONTH THEN HOU MUCH INTEREST WILL BE CHARGED.
sir please confirm gstr1 below 5 cr b to c sales HSN code manditory or not
HSN must – You must put 8 digit HSN ONLY.
SIR
Dear Dayananda sir,
In light of Notification no. 12/2017-CT amended vide Notification no. 78/2020-CT, 4 digit HSN code is required to be mentioned on invoices where aggregate turnover in preceding FY is upto Rs. 5crs and 6 digit HSN code is required to be mentioned on invoices where aggregate turnover in preceding FY is more than Rs. 5crs.
However, HSN code is not required to be mentioned in an invoice issued to unregistered person (B2C) if turnover in preceding financial year is up to Rs. 5 Cr.
Also vide Notification no. 90/2020-CT, 8 digit HSN code is required to be mentioned on invoice only in case of specific chemicals listed in said notification.