Please find below a brief update on various announcements made by CBIC in relation to extension in due dates and reduction in rate of interest for late payment of taxes and filing of various returns under GST.

Before you go into the detailed update and preparation of revised calendar for your organisation, we would like to highlight that, on account of current situation, all the authorities have extended their various deadlines and are generally re-posted in the month of June. This will lead to burden on the industry to complete all compliance at one go within few days alongwith completion of pending work from last 2 months. Hence, we would like to advise to our connects to consider the extended due dates wisely. Also, we would advise to make your own calendar to reduce burden on any specific date / month.

Due Dates for filing of GSTR-1:

Month / Particular Turnover Upto 1.5Cr Turnover More than 1.5Cr
Original Due Date Extended Due Date Original Due Date Extended Due Date
Feb 2020 30 April 2020 30 June 2020 11 March 2020 30 June 2020
March 2020 11 April 2020
April 2020 31 July 2020 31 July 2020 11 May 2020
May 2020 11 June 2020

Due dates for filing of ​​GSTR-3B:​​​​

Month / Particular Turnover Upto 5Cr Turnover More than 5Cr
Original Due Date Extended Due Date Original Due Date Extended Due Date
Feb 2020 22 March 2020 30 June 2020 20 March 2020 30 June 2020
March 2020 22 April 2020 20 April 2020
April 2020 22 May 2020 20 May 2020
May 2020 22 June 2020 20 June 2020
Interest NOT PAYABLE @9% after 15 days from Original Due Date
Late Fees/Penalty NOT PAYABLE

​Due dates for filing of GSTR-9 and GSTR-9C:

Year Turnover Upto 2 Cr Turnover More than 2 Cr upto 5 Cr Turnover More than 5 Cr
2017-18 NO Not Applicable 7 Feb 2020 7 Feb 2020 7 Feb 2020
2018-19 30 Jun 2020 NO 30 Jun 2020
2019-20 31 Dec 2020 31 Dec 2020 31 Dec 2020 31 Dec 2020
Late Fees not payable for FY 2017-18 and 2018-19.

​​Due dates for Composition Dealers:

Particulars Original Due Date Extended Due Date
Due date for opting composition scheme 31-03-2020 30-06-2020
Due date for payment of GST for Quarter 4 of 2019-20 18-04-2020
Due date for filing of Annual Return for the year 2019-20 30-04-2020

​Other relaxations:

Time limit expiring between 20 March 2020 to 29 June 2020 extended to 30 June 2020 for;

– Issue of notice, approval order, sanction order by department; and

– ​Reply to Notice or filing of Appeal by assessee

A circular providing detailed guidelines and clarification in relation to all the Source notifications for extension / relaxation has been attached for your quick reference. ​​Feel free to connect if you require any additional information / clarification in this regard.

Author Bio

Qualification: CA in Practice
Company: A ALWANI & CO
Location: Ahmedabad, Gujarat, IN
Member Since: 10 Nov 2018 | Total Posts: 17
Amrin has 7+ years experience in the field of Indirect Tax advisory and compliance including working with KPMG before she commenced her journey as an entrepreneur. In her new role from May 2017, she has been providing Business and Tax Advisory Services to various organisations. Her skill sets to View Full Profile

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One Comment

  1. Raju Varghese says:

    Construction of a residential house, how the gst will work on this case. if the new tax rate of 1% on affodable house, if the material and labour portion comes short of 80% RCM is applicable

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June 2021