RELAXATION IN GST COMPLIANCE’S UNDER-COVID-19
(NOTIFICATION NO. 08/2021 and 09/2021- CENTRAL TAX DATED 01.05.2021)
INTEREST RATE RELIEF
| Turnover | Tax period | Due Date | Interest Rate Relief | Late Fee Relief |
| More than 5cr | March,21 April,21 | 20.04.2021 20.05.2021 | First 15 Days-9% After 15 Days-18% | 15 days from due date of return- No Late Fee |
| Up to 5cr Opting Monthly return | March,21 April,21 | 20.04.2021 20.05.2021 | First 15 Days-Nil Next 15 Days-9% After 30 Days-18% | 30 days from due date of return- No Late Fee |
| Up to 5cr Opting Quarterly return | March,2021 April,2021 | 22.04.2021 24.04.2021 25.05.2021 | First 15 Days-Nil Next 15 Days-9% After 30 Days-18% | 30 days from due date of return- No Late Fee |
| Composition Registered Person Section 39(2) | Quarter Ending March, 2021 | 18.04.2021 | First 15 Days:- Nil Next 15 Days:- 9% After 30 Days:- 18% | Extended up to 31.05.2021 (10/2021- Central Tax Dated 01/05/2021 |
| FORM GST ITC-04, in respect of goods dispatched to a job worker or received from a job worker, during the period from 1st January, 2021 to 31st March, 2021 | Quarter Ending March, 2021 | 25/04/2021 | Extended up to 26/05/2021 (11/2021– Central Tax Dated 01/05/2021) | |
| The details of outward supplies in FORM GSTR-1 for the tax period April, 2021 | April,2021 | 11.05.2021 | Extended up to 26/05/2021 (12/2021– Central Tax Dated 01/05/2021) |
NOTIFICATION NO. 13/2021- CENTRAL TAX DATED 01.05.2021
Provided further that such condition shall apply cumulatively for the period April and May, 2021 and the return in FORM GSTR-3B for the tax period May, 2021 shall be furnished with the cumulative adjustment of input tax credit for the said months in accordance with the condition above.
(NOTIFICATION NO. 14/2021- CENTRAL TAX DATED 01.05.2021)
TIME LIMIT FOR COMPLETION AND COMPLIANCE
Where, any time limit for completion or compliance of any action, by any authority or by any person, has been specified in, or prescribed or notified under the said Act, which falls during the period from the 15th day of April, 2021 to the 30th day of May, 2021, and where completion or compliance of such action has not been made within such time, then, the time limit for completion or compliance of such action, shall be extended upto the 31st day of May, 2021, including for the purposes of
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;
But, such extension of time shall not be applicable for the compliances of the following provisions of the said Act, namely:-
a) Chapter IV :- Time And Value of Supply
b) Section 10(3) :- Composition Person to Normal Person
c) Sections 25 :- Registration
d) Section 27 :- Causal Taxable Person & Non Resident Taxable Person
e) Section 31 :- Tax Invoice
f) Section 37 :- Furnishing Detail of Outward Supplies
g) Section 47 :- Levy of Late Fees
h) Section 50 :- Interest on Delayed Payment of Tax
i) Section 69 :- Power to Arrest
j) Section 90 :- Liability of Partners of Firm to Pay Tax
k) Section 122 :- Penalty for Certain Offences
l) Section 129 :- Detention, Seizure & Release of goods & Conveyance in Transit
m) Section 39 :- Filing of Return except TDS, ISD & NRTP Returns
n) Section 68 :- In so far as e-way bill is concerned
o) Rules made under the provisions specified at clause (a) to (d) above
Provided that where, any time limit for completion of any action, by any authority or by any person, specified in, or prescribed or notified under rule 9 of the Central Goods and Services Tax Rules, 2017 [Verification of the application and approval of Registration), falls during the period from the 1st day of May, 2021 to the 31st day of May, 2021, and where completion of such action has not been made within such time, then, the time limit for completion of such action, shall be extended upto the 15th day of June, 2021;
In cases where a notice has been issued for rejection of refund claim, in full or in part and where the time limit for issuance of order in terms of the provisions of sub-section (5), read with sub-section (7) of section 54 of the said Act falls during the period from the 15th day of April, 2021 to the 30th day of May, 2021, In such cases the time limit for issuance of the said order shall be extended to Fifteen days after the receipt of reply to the notice from the registered person OR 31st day of May, 2021which ever is later.
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