Government has implemented following relief measures provided by the press releases due to the spread of Novel Corona Virus (COVID-19):
1) GSTR1 Return of Outward supplies (Notification No.- 33/2020-CT; Dated: 3 April 2020)
The due dates of furnishing GSTR1 has not been extended however late fees have been waived, if the return is filled by 30 June 2020 as under:
| Return/Compliance | Period | Due Date | Relief | |
|---|---|---|---|---|
| GSTR1 (Return of Outward Supplies) (Monthly) Turnover greater than 1.5 cr |
Mar-20 | 11-Apr-20 | Late fees waived, if return is furnished on or before 30 June 2020.
CAUTION: If GSTR1 is furnished after 30 June 2020, above waiver shall not be available and late fees shall be levied from the due date. |
|
| Apr-20 | 11-May-20 | |||
| May-20 | 11-Jun-20 | |||
| GSTR1 (Return of Outward Supplies) (Quarterly) Turnover less than 1.5 cr |
Quarter ending March 2020 | 30-Apr-20 | ||
2) GSTR3B Payment of tax and Monthly return (Notification No.- 31, 32 &36/2020-CT; Dated: 3 April 2020)
The due dates of furnishing GSTR3B has not been extended however following relief provided in late fees and interest:
| GSTR3B | |||
|---|---|---|---|
| Period | Aggregate Turnover (in Preceeding FY) |
Last Date (without any interest & late fees) |
|
| Feb-20 | More than 5 Cr. | 04-Apr-20 | * |
| More than 1.5 cr and upto 5 cr. | 29-Jun-20 | ||
| Up to 1.5 cr. | 30-Jun-20 | ||
| Mar-20 | More than 5 Cr. | 05-May-20 | * |
| More than 1.5 cr and upto 5 cr. | 29-Jun-20 | ||
| Up to 1.5 cr. | 03-Jul-20 | ||
| Apr-20 | More than 5 Cr. | 04-Jun-20 | * |
| More than 1.5 cr and upto 5 cr. | 30-Jun-20 | ||
| Up to 1.5 cr. | 06-Jul-20 | ||
| May-20 | More than 5 Cr. | 27-Jun-20 | |
| Up to 5 cr. | 12/14- Jul 20 |
* (For Taxpayer having aggregate turnover more than 5 cr)
-A lower rate of interest of 9% and no late fees, if return is filled by 24 June 2020.
CAUTION: If GSTR3B is not filled by 24 June 2020 Interest at the rate of 18% and late fees from the due date of return shall be payable.
