Keeping in view the preventive measures taken
to contain the spread of Novel Coronavirus (COVID-19) and the difficulties
being faced by the GST taxpayer, Ministry of Finance, Department of Revenue,
Central Board of Indirect Taxes & Customs, has extended the due date
for Filing GST Returns
1. These
rules may be called the Central Goods and Services Tax (Fourth Amendment) Rules,
2020.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to amend CGST Rules (Fourth Amendment)
in order to allow opting Composition Scheme for FY 2020-21 till 30.06.2020
and to allow cumulative application of condition in rule 36(4).
|
30/2020-Central Tax ,
dt. 03-04-2020
|
|
Form No.
|
Compliance Particulars
|
Due Date (New)
|
|
GST CMP-02
|
Intimation in respect of opting to pay tax
under composition scheme for the FY 2020-21
|
30.06.2020
|
|
GST ITC-03
|
filed by a taxpayer who is liable to pay an
amount that is equal to the input tax credit through cash ledger or
electronic credit.
(in relation to above intimation)
|
31.07.2020
|
2. Seeks to
provide relief by conditional lowering of interest rate for tax periods of
February, 2020 to April, 2020.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to provide relief by conditional
lowering of interest rate for tax periods of February, 2020 to April, 2020.
|
31/2020-Central Tax
dt. 03-04-2020
|
|
S.
No. (1)
|
Class of registered persons
(2)
|
Rate of
interest
(3)
|
Tax period
(4)
|
Condition
(5)
|
|
1.
|
Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year
|
Nil for first 15 days
from the due date, and 9 per cent thereafter
|
February, 2020,
March 2020, April, 2020
|
If return in FORM GSTR-3B is
furnished on or before the 24th day of
June, 2020
|
|
2
|
Taxpayers having an aggregate turnover of more than
rupees 1.5 crores and up to rupees five crores in the preceding financial
year
|
Nil
|
February, 2020, March,
2020
|
If return in FORM GSTR-3B is furnished on or before the
29th day of June, 2020
|
|
April, 2020
|
If return in FORM GSTR-3B is furnished on or before the
30th day of June, 2020
|
|||
|
3.
|
Taxpayers having an aggregate turnover of up to rupees
1.5 crores in the preceding financial year
|
Nil
|
February, 2020
|
If return in FORM GSTR-3B is furnished on or before the
30th day of June, 2020
|
|
March, 2020
|
If return in FORM GSTR-3B is furnished on or before the 3rd
day of July, 2020
|
|||
|
April, 2020
|
If return in FORM GSTR-3B is furnished on or before the 6th
day of July, 2020.”.
|
3. Seeks to
provide relief by conditional waiver of late fee for delay in furnishing
returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to provide relief by conditional
waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax
periods of February, 2020 to April, 2020.
|
32/2020-Central Tax
dt. 03-04-2020
|
|
S. No.
(1)
|
Class of
registered persons
(2)
|
Tax period
(3)
|
Condition
(4)
|
|
1.
|
Taxpayers having an aggregate turnover of more than rupees 5 crores in
the preceding financial year
|
February, 2020,
March, 2020 and
April, 2020
|
If return in FORM GSTR- 3B is furnished on or before the 24th day of June, 2020
|
|
2.
|
Taxpayers having an aggregate turnover of more
than rupees 1.5 crores and up to rupees five crores
|
February, 2020
and March, 2020
|
If return in FORM GSTR-
3B is furnished on or
before the 29th day of June 2020
|
|
in the preceding financial year
|
|
|
|
|
|
April, 2020
|
If return in FORM GSTR-
|
|
|
|
|
3B is furnished on or
before the 30th day of June,
|
|
|
|
|
2020
|
|
|
3.
|
Taxpayers having an aggregate
|
February, 2020
|
If return in FORM GSTR-
|
|
|
turnover of up to rupees
1.5 crores
in the preceding financial
year
|
|
3B is furnished on or
before the 30th day of June,
|
|
|
|
|
2020
|
|
|
|
March, 2020
|
If return in FORM GSTR-
|
|
|
|
|
3B is furnished on or
before the
3rd day of July,
|
|
|
|
|
2020
|
|
|
|
April, 2020
|
If return in FORM GSTR-
|
|
|
|
|
3B is furnished on or
before the
6th day of July,
|
|
|
|
|
2020.”.
|
4. Seeks to
provide relief by conditional waiver of late fee for delay in furnishing
outward statement in FORM GSTR-1 for tax periods of February, 2020 to April,
2020.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to provide relief by conditional
waiver of late fee for delay in furnishing outward statement in FORM GSTR-1
for tax periods of February, 2020 to April, 2020.
|
33/2020-Central Tax
dt. 03-04-2020
|
|
Form No.
|
Compliance Particulars
|
Due Date (New)
|
|
GSTR-1
March – 2020
April – 2020
May - 2020
|
Monthly return that should be filed by every
registered dealer. It contains details of all outward supplies i.e sales.
|
On or Before 30.06.2020
|
|
GSTR-1 (Quarterly)
Jan – March 2020
|
Quarterly return that should be filed by
every registered dealer. It contains details of all outward supplies i.e
sales.
|
5. Seeks to
extend due date of furnishing FORM GST CMP-08 for the quarter ending March,
2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to extend due date of furnishing FORM
GST CMP-08 for the quarter ending March, 2020 till 07.07.2020 and filing FORM
GSTR-4 for FY 2020-21 till 15.07.2020.
|
34/2020-Central Tax
dt. 03-04-2020
|
|
Form No.
|
Compliance Particulars
|
Due Date (New)
|
|
GST CMP-08
|
Registered person availing the benefit
provided under Notification 2/2019 – Central Tax (Rate) shall be required to
furnish details of self-assessed tax in Form
GST CMP-08 for quarter ending March 2020
|
07.07.2020
|
|
GSTR-4
|
The yearly return for 2019-20 shall be
required to be filed in Form GSTR 4 by the above persons
|
15.07.2020
|
6. Seeks to
extend due date of compliance which falls during the period from
"20.03.2020 to 29.06.2020" till 30.06.2020 and to extend validity of
e-way bills.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to extend due date of compliance which
falls during the period from "20.03.2020 to 29.06.2020" till
30.06.2020 and to extend validity of e-way bills.
|
35/2020-Central Tax
dt. 03-04-2020
|
1. Validity of E-way Bill
Where e-way bill expires between 20.03.2020
and 15.04.2020, validity deemed to have been extended till 30.04.2020
2. Extension of time limit till 30th June
For completion or compliance of any action due
date of which falls between 20th March, 2020 to 29th June, 2020
3. Activities of taxable person to which
extension applies
Filing of appeal, reply, application,
furnishing of any report, document return, statement, records
Ø Non applicability of extension
a) Chapter IV;
b) sub-section
(3) of section 10, sections 25, 27, 31, 37, 47, 50, 69, 90, 122, 129;
c)
section 39, except sub-section (3), (4) and
(5);
d) section 68,
in so far as e-way bill is concerned; and
e)
rules made under the provisions specified at
clause (a) to (d) above;
f) Taxpayers who
are required to deduct tax at source, ISD, non-resident taxable person and the
person required to collect tax at source have been allowed to furnish
return/statement for March 2020 to May 2020 on or before 30.06.2020
·
E-Way bill
·
Time and Value of Supply
·
GSTR 3B except Return of
TDS deductor, input service distributor, Non resident taxable person. These
·
person can furnish return
for March 2020, April 2020 and May 2020 on or before 30.06.2020
·
Registration requirement
·
Lapse of composition
scheme on exceeding the turnover limit
·
Provisions of casual
taxable person and non resident taxable person in relation to registration
·
Tax invoice
·
GSTR 1
·
Levy of late fees
·
Interest on delayed
payment of tax
·
Power to arrest
·
Liability of partners of
firm to pay tax
·
Penalty
·
Detention, seizure and
release of goods and conveyance in transit
·
6. Seeks to extend due
date of compliance which falls during the period from "20.03.2020 to
29.06.2020" till 30.06.2020 and to extend validity of e-way bills.
|
Notification Particulars
|
Notification Link
|
Notification No. & Date
|
|
Seeks to extend due date for furnishing FORM
GSTR-3B for supply made in the month of May, 2020.
|
36/2020-Central Tax
dt. 03-04-2020
|
•
Revised due date of GSTR
3B for May
|
a. If Turnover
> 5Crore:
|
b. If Turnover <
5Crore (in two parts)
|
|
|
Due date of GSTR
3B –
|
15 States/UT’s:
(month succeeding
such month)
|
22
States/UT’s:
(month succeeding
such month)
|
|
(States:- Chhattisgarh, MP, Gujarat, Daman and Diu, Dadra and Nagar Haveli,
Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, TN, Puducherry, Andaman and
Nicobar Islands, Telangana and Andhra Pradesh)
|
(states:- J&K, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand,
Haryana, Delhi, Rajasthan, UP, Bihar, Sikkim, Arunachal Pradesh, Nagaland,
Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and
Odisha)
|
|
|
Due Date
27.06.2020
|
Due Date
12.07.2020
|
Due Date
14.07.2020
|
7. taxpayers
who are required to deduct tax at source under section 51, Input Service
Distributors and Non-resident Taxable persons
Taxpayers who are required to deduct tax at
source, ISD, non-resident taxable person and the person required to collect tax
at source have been allowed to furnish return/statement for March 2020 to May
2020 on or before 30.06.2020
Source: Various Notifications
Disclaimer:
IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT,
SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION
WITH THE USE OF THIS INFORMATION.
No comments:
Post a Comment