Recommendation of 40th GST Council Meeting dated 12th June 2020

Following relaxation was recommended in GST Council Meeting for filing of GSTR Returns dated 12-06-2020

1 Relaxation for July-17 to Jan 2020 GSTR3B Return

Return Period Late Fee Condition
GSTR 3B July-17 to Jan 2020 NIL

if no tax liabili ty

Maximum 500 per return in case of liability GSTR 3B furnished between 1.07.2020 to 30.09.2020

2 As per the ealier issued notification no. 31/2020 issued below specided date was notified to file GSTR 3B for small tax payers, now relaxation was provided to small tax payers by reducing the rate of interest for filing GSTR3B for the period Feb 20 to April 20 beyond specified dates to 9% pa. from 18% if filing is done till 30.09.2020

No. Taxpayer on the basis of Rate of Tax Period Specified dates for filing of GSTR-3B (Condition )
1 Turnover 1.5 Cr-5C NIL Feb 20, March On or before 29th day of June, 202
April,20 On or before 30th day of June, 202
2 Turnover < 1.5Cr NIL Feb,20 On or before 30th day of June, 202
March,20 On or before 3rd day of July, 2020
April,20 On or before 6th day of July, 2020

3 Relaxation for Taxpayers having aggregate turnover up to Rs. 5 Crore by waiver of late fee and Interest if the GSTR3B for the period May 2020 to July 2020 are furnished by sep 2020 ( dates to be notified ).

4 one time Extension in period for seeking revocation of cancellation of registration To faciliate tax payers who could not filed their cancelled gst registration resorted in time , an approtunity is being provided for filing of application of revocation of cancellation registration up to 30.09.2020 in all cases where registration have been cancelled till 12.06.2020

The Same would be given effect through relevant circulars/ Notifications

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Qualification: CA in Job / Business
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Location: Faridabad, Haryana, IN
Member Since: 11 Jul 2018 | Total Posts: 1

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  1. rAMAA says:

    Government should wave off the penalties for 9a and 9c for 2017-18 . because so many areas are covered by containment zone/sealdown etc due to covid 19 . Many people are not in the situation to file 9 and 9c of 2017-18.

  2. Rajesh Dudagi says:

    provisional no taken on oct 2017 & not get permanent no & provisional number has been block, same we tried to upload invoice, due to blocked we cant able to file gstin, still know we have file 20 lakhs of gst amount to file, know we can unlock gst provisional no & file gst sir,
    pls share the solution about this query sir

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