Arjun (Fictional Character): Krishna, half year of 2020-21 is about to end. Along with the same, there are many due dates to be complied with in the same month. Please tell which are those due dates?

Krishna (Fictional Character): Arjuna, due to the COVID-19 pandemic & the following lockdown situation therein, the due dates for Income Tax & GST compliances were extended as a measure of relaxation to the taxpayers. Many of these due dates fall in the month of September 2020 itself. Taxpayers need to pay attention towards these due-dates so that all they comply with all the tax provisions in time. Lets have a detailed discussion upon it.

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Arjun (Fictional Character): Krishna, what are the important due dates to be kept in mind in the month of September 2020, for GST compliances?

Krishna (Fictional Character): Arjuna, following are the due dates for GST compliances to be followed in September month.

1. Filing of GSTR 1 for August, 2020 for assesses who have opted to file monthly return : 11th September, 2020.

2. Filing of GSTR-3B for the month of May 2020 without interest & late fees for taxpayers having turnover less than Rs. 5 Cr.

a. For Group A States – Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep : 12th September, 2020.

b. For Group B States – Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi : 15th September, 2020

3. Filing of GSTR 3B for the month of August 2020 : 20th September 2020.

4. Filing of GSTR 3B for the month June 2020 without interest and late fees for taxpayers having turnover less than Rs. 5 Cr.

a. For Group A States – 23rd September 2020   

b. For Group B States – 25th September 2020

5. Filing of GSTR 3B for the month July 2020 without interest and late for taxpayers having turnover less than Rs. 5Cr.

a. For Group A States – 27th September 2020   

b. For Group B States – 29th September 2020

6. Filing of Annual Return GSTR 9 for taxpayers having turnover more than Rs. 2 Cr. for the F.Y. 2018-19 : 30th September 2020

7. Filing of Form GSTR 9C (GST Audit) for taxpayers having turnover more than Rs. 5Cr. for the F.Y. 2018-19 : 30th September 2020

8. Opportunity to file pending GST returns from July 2017 – July 2020 with maximum late fees of Rs. 500 : 30th September 2020

Arjun (Fictional Character): Krishna, what are the important due dates to be attended in the month of September 2020, for Income Tax compliances?

Krishna (Fictional Character): Arjuna, following are the due dates for Income Tax compliances to be followed in September month :

1. Deposit of TDS/TCS for the month of August 20 : 7th September 2020.

2. Payment of 2nd instalment of Advance tax for A.Y. 2021-22 : 15th September 2020.

3. Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of July, 2020 : 14th September 2020

4. Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of July, 2020 : 14th September 2020

5. Filing of Income Tax Return for the year ending March 2019 (AY 19-20) : 30th September 2020.

6. Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of August, 2020 : 30th September 2020.

7. Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of August, 2020 : 30th September 2020.

Arjun (Fictional Character): Krishna, what should the taxpayer learn from this?

Krishna (Fictional Character): Arjuna, the month of September 2020 has brought a lot of due dates for the taxpayers to comply with, in the same month. So, keeping the same in mid, taxpayers must complete all their tasks within the due dates, so that no penalty, or late fees is levied to them.

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One Comment

  1. Binu Mathew says:

    Sir, you quoted ” Opportunity to file pending GST returns from July 2017 – July 2020 with maximum late fees of Rs. 500 : 30th September 2020″.

    Can GSTR 9 & 9C for F.Y 2017-2018 be filed with only Rs 500 late fee.

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