Brief Summary of GST Notifications issued by CBIC on 3rd April 2020

In view of the spread of COVID-19 across the country, Government of India has provided relief relating to the compliances under the GST act, the same has been summarized below:

Notification No 30/2020 – Central Tax issued by CBIC on 3rd April 2020

CBIC Vide N.No 30/2020 has given relief to the tax payers. The brief of the notification is as below:

  • The last date for opting composition scheme has been extended to 30th June 2020. (Apply through Form GST CMP-02)
  • The last date to File GST ITC-03 for reversal of ITC on Input, Input Services and Capital Goods for tax payer opting composition scheme has been extended to 31st July 2020.
  • In terms of Rule 36(4), ITC in the Form GSTR 3B will be restricted upto 110% of the eligible credit available in the GSTR 2A for the particular month. The said condition has been relaxed for the GSTR 3B for the period Feb to August 2020 and the adjustment needs to be done cumulatively in the GSTR 3B for the month of September 2020.

Notification No 31/2020, 32/2020 and 34/2020 – Central Tax issued by CBIC on 3rd April 2020

CBIC Vide N.No 31/2020 and 32/2020 has given relief to the tax payers by way of extending the due date for filing GSTR 3B. For tax payment under Composition scheme, the date has been extended by N. No 34/2020 and detailed at S.No 4. The brief of the notification is summarized in the below table:

S. No Class of Registered Persons Tax Period Rate of Interest Late Fees and Penalty Condition Remarks
1 Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year February, 2020, March 2020, April, 2020 Nil for first 15 days from the due date, and 9 per cent thereafter NIL If return in FORM GSTR-3B is furnished on or before the 24th June 2020 “Due date” means the due dates for the respective months i.e., 20th of the succeeding month
2 Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year February 2020, March 2020 NIL NIL If return in FORM GSTR-3B is furnished on or before the 29th June, 2020
April 2020 NIL If return in FORM GSTR-3B is furnished on or before the 30th June, 2020
3 Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year Feb 2020 NIL NIL If return in FORM GSTR-3B is furnished on or before the 30th June, 2020
March 2020 NIL If return in FORM GSTR-3B is furnished on or before the 3rd July, 2020
April 2020 NIL If return in FORM GSTR-3B is furnished on or before the 6th July, 2020.”
4 Composition Dealer

(N.No 34/2020)

Quarter ending 31st March 2020 NIL NIL If return in Form GST CMP-08 is filed on or before 7th July 2020
5 Composition Dealer

(N.No 34/2020)

FY 2019-20 NIL If return in Form GST GSTR-4 is filed on or before 15th July 2020

The effective date of the notification No 31 and 32 is 20th March 2020

Notification No 33/2020 – Central Tax issued by CBIC on 3rd April 2020

CBIC Vide N.No 33/2020 has given relief to the tax payers by waving late fees on filing of GSTR 1 for the period March 2020 to May 2020 till 30th June 2020 and for quarterly filers the date is extended till 30th June 2020 for the return for the period quarter ending 31st March 2020.

Notification No 36/2020 – Central Tax issued by CBIC on 3rd April 2020

The due date for filing of GSTR 3B for the month of May 2020 is as below:

S.No Class of Registered Persons Due Date
1 Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year On or Before 27th June 2020
2 Taxpayers having an aggregate turnover of less than rupees 5 crores in the preceding financial year *On or Before 12th July 2020.

#On or Before 14th July 2020.

* Taxpayer having principal of Place in the states of 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

# Taxpayer having principal of Place in the states of 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

Notification No 35/2020 – Central Tax issued by CBIC on 3rd April 2020

  • Extension of time limit for completion or compliance of any action, by department or assessee which falls under the period from 20th March 2020 to 29th June 2020 has been extended to 30th June 2020.
  • The E-way bill generated and having expiry period between 20th March 2020 to 15th April 2020 has been extended to 30th April 2020.
  • This extension is not applicable to the following provisions of the act and the rules made under the below provisions:
Section/Chapter Description
Chapter IV Time and Value of Supply
10(3) The option to pay tax under composition scheme shall lapse with effect from the day on which his aggregate turnover during a financial year exceeds the prescribed limits
25 Mandatory to register under the act within 30 days from the day liability to registration arises.
27 Registration for casual taxable person or a Non resident taxable person shall be valid for the period specified in the application for registration or ninety days from the effective date of registration, whichever is earlier
31 Time period for issuance of Tax Invoice, Credit Note and Debit Note
37 Furnishing of returns (GSTR 1) by registered person other than Input Service Distributor, a non-resident taxable person, TDS deductor and TCS Collector (Regarding Due dates for registered persons, separate Notifications have been issued, namely, CGST Notification No 33 dated 3rd April 2020)
47 Levy of Late Fees for Non-filing of returns (Separate relaxation have been provided by CGST Notification No 32,33 dated 3rd April 2020)
50 Interest for late payment of Tax (Separate relaxation have been provided by CGST Notification No 31 dated 3rd April 2020)
69 Power to arrest
90 Liability of partners of firm to pay tax
122 Penalty for certain offences
129 Detention, seizure and release of goods and conveyances in transit.
39 (except sub section 3,4,5) Furnishing of returns (GSTR 3B) by registered person other than Input Service Distributor, a non-resident taxable person, TDS deductor and TCS Collector (Regarding Due dates for registered persons, separate Notifications have been issued, namely, CGST Notification No 32,34,36 dated 3rd April 2020)
68 Relating to E-Way bill part (Separate guidelines have been issued, explained at Point No 2 above)

Link for GST Notifications (Central Tax)

Title Notification No. Date
CBIC extends due date for furnishing GSTR-3B for May 2020 Month Notification No. 36/2020-Central Tax 03/04/2020
CBIC extends Due date of GST compliance & validity of e-way bills Notification No. 35/2020-Central Tax 03/04/2020
Due date to furnish CMP-08 & GSTR-4 extended for March Quarter Notification No. 34/2020-Central Tax 03/04/2020
Conditional waiver of late fee for delay in furnishing FORM GSTR-1 Notification No. 33/2020-Central Tax 03/04/2020
Conditional waiver of late fee for delay in furnishing FORM GSTR-3B Notification No. 32/2020-Central Tax 03/04/2020
Lower GST interest Rate only on timely filing of FORM GSTR-3B Notification No. 31/2020-Central Tax 03/04/2020
GST Composition Scheme for FY 2020-21 can be opted till 30.06.2020 Notification No. 30/2020-Central Tax 03/04/2020

Author Bio

Qualification: CA in Practice
Company: R Maloo & Associates
Location: Gurgaon, Haryana, IN
Member Since: 14 Apr 2020 | Total Posts: 4
Chartered Accountant in Practice in Gurgaon View Full Profile

My Published Posts

More Under Goods and Services Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

October 2020
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031