In view of the spread of pandemic COVID-19 across many parts of India & challenges faced by Taxpayers, the Government vide Notification Nos. 08/2021- Central Tax, 09/2021- Central Tax, 10/2021- Central Tax, 11/2021- Central Tax, 12/2021- Central Tax, 13/2021- Central Tax, 14/2021- Central Tax, 01/2021 – Integrated Tax & 01/2021 – Union Territory Tax dated 1st May, 2021 has announced various relief measures for taxpayers under Goods and Services Tax Law in form of Reduction in rate of interest, Waiver of Late Fees, Extension of due dates as follows:

Relief Measures Notification No. Return/Form Type Period Original Due Date Extended Due Date
 

 

Extension of Due Date

12/2021- Central Tax Form GSTR – 1 Apr-21 11/05/2021 26/05/2021
13/2021- Central Tax IFF Apr-21 13/05/2021 28/05/2021
10/2021- Central Tax Form GSTR – 4 (Composition Dealer) FY 2020-21 30/04/2021 31/05/2021
11/2021- Central Tax Form GST ITC – 04

(Job Work)

FY 2020-21

 

25/04/2021 31/05/2021
    Form GSTR – 3B Relief in Interest for Nos. of days
 

Reduction in rate of Interest for delayed payment

08/2021 – Central Tax

01/2021 – Integrated Tax

01/2021 – Union Territory

Ø  Turnover > 5Crs Mar-21 &

Apr-21

@ 9% for first 15 days from Due Date

@ 18% thereafter

Ø  Turnover upto 5Crs  (Monthly Filers) Mar-21 &

Apr-21

@ Nil for first 15 days from Due Date;

@ 9% for next 15 days;

@ 18% thereafter

Ø  Turnover upto 5Crs (QRMP Scheme) Jan To Mar-21 Quarter @ Nil for first 15 days from Due Date;

@ 9% for next 15 days;

@ 18% thereafter

      Waiver of Late Fees for Nos. of days
 

Late Fees Waiver

 

 

09/2021 – Central Tax

Ø  Turnover > 5Crs Mar-21 &

Apr-21

15 days from due date of furnishing return
Ø  Turnover upto 5Crs (Monthly Filers) Mar-21 &

Apr-21

30 days from due date of furnishing return
Ø  Turnover upto 5Crs (QRMP Scheme) Jan To Mar-21 Quarter 30 days from due date of furnishing return
 
Relaxation ITC availment 13/2021 – Central Tax Rule 36(4) i.e. 105% Cap on availment of ITC Apr-21 Rule 36(4) adjustment for Apr-21 & May-21 applicable on Cumulative basis in GTR 3B of May-21
   
 

 

Extension of Time Limits

 

 

14/2021 – Central Tax

Completion of Proceeding or passing of order or issuance of notice, intimation, Filing of Appeal, Reply 15th Apr, 21 to 30th May, 21 Extension upto 31st May, 21
Rule 9 (Registrations) – CGST, 2017 actions 1st May, 21 to 31st May, 21 Extension upto 15th June, 21
GST Refund Order u/s 54(5) 15th Apr, 21 to 30th May, 21 15 days after the receipt of reply or 31st May, 21 whichever is Later

Relevant Notification Links-

Title Notification No. Date
Relaxations in time limits for completion or compliance under GST law Notification No. 14/2021- Central Tax [G.S.R. 310(E)] 01/05/2021
CBIC extends due date for IFF to 28th May & amends rule 36(4) Notification No. 13/2021- Central Tax [G.S.R. 309(E)] 01/05/2021
GSTR-1 due date for April 2021 extended to 26th May 2021 Notification No. 12/2021- Central Tax [G.S.R. 308(E)] 01/05/2021
CBIC extends due date for filing GST ITC-04 to 31st May 2021 Notification No. 11/2021- Central Tax [G.S.R. 307(E)] 01/05/2021
CBIC extends due date for filing GSTR 4 (Composition Scheme) Notification No. 10/2021- Central Tax [G.S.R. 306(E)] 01/05/2021
Govt waives Late Fees on delayed filing of March/April GSTR 3B Return Notification No. 09/2021- Central Tax [G.S.R. 305(E)] 01/05/2021
Relaxation in GST interest rate for March & April 2021 Notification No. 08/2021- Central Tax [G.S.R. 304(E)] 01/05/2021
UTGST: Relaxation in GST interest rate for March & April 2021 Notification No. 01/2021-Union Territory Tax [G.S.R. 312(E)] 01/05/2021
IGST: Relaxation in GST interest rate for March & April 2021 Notification No. 01/2021-Integrated Tax [G.S.R. 311(E)] 01/05/2021

Author Bio

Qualification: CA in Practice
Company: H P J & Co Chartered Accountants
Location: Pune, Maharashtra, India
Member Since: 27 Mar 2021 | Total Posts: 4
CA Harshal Jain is a member of Institute of Chartered Accountants of India with 8 years standing in the Profession. He has wide experience in the field of Accounting, Audit & Assurance, Income Tax, Goods and Services Tax (GST). He had been associated with leading Private Sector Bank for it View Full Profile

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