TMI BlogGST returns – Due dates conundrumX X X X Extracts X X X X X X X X Extracts X X X X ..... GST returns – Due dates conundrum - By: - CA Venkataprasad - Goods and Services Tax - GST - Dated:- 17-8-2020 - - Introduction: Extending the due dates for various compliances is one of the reliefs extended by the Government to support the struggling taxpayers due to Covid-19 crisis. However, the extensions are not straight forwarded, it comes with conditions and criteria. Hence it is important to carefully check the relevant conditions and make the compliance. We have attempted to summarise the GST returns compliance requirements for the Month of February 2020 to August 2020. GSTR -3B Turnover in Pre. FY Month Due Date No late fees if filed before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (note below) No Interest till Interest of 9% from till Interest @ 18% from Ref of Notification 5 Cr Feb 20 20-03-2020 24-06-2020 04-04-2020 05.04.2020 to 24.06.2020 25-06-2020 For interest - Notification No. 51/2020 - CT dated 24.06.2020 For Late fee - Notification No. 52/2020 dated 24.06.2020 Mar 20 20-04-2020 24-06-2020 05-05-2020 06.05.2020 to 24.06.2020 25-06-2020 Apr 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 20-05-2020 24-06-2020 04-06-2020 05.06.2020 to 24.06.2020 25-06-2020 May'20 27-06-2020 No waiver NA 28-06-2020 36/2020 - CT dated 03-04-2020 Jun'20 20-07-2020 21-07-2020 NA Jul'20 20-08-2020 21-08-2020 Aug'20 20-09-2020 21-09-2020 Turnover in Pre. FY Month Due Date No late fees if file before (see ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... note below) No Interest till Interest of 9% from till Interest @ 18% from Ref of Notification 5 Cr in Group A States Feb 20 22-03-2020 30-06-2020 30-06-2020 30-09-2020 01-10-2020 For interest - Notification No. 51/2020 - CT dated 24.06.2020 For Late fee - Notification No. 52/2020 dated 24.06.2020 Mar 20 22-04-2020 03-07-2020 03-07-2020 30-09-2020 01-10-2020 Apr 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 22-05-2020 06-07-2020 06-07-2020 30-09-2020 01-10-2020 May'20 12-07-2020 12-09-2020 12-09-2020 30-09-2020 01-10-2020 Jun'20 22-07-2020 23-09-2020 23-09-2020 30-09-2020 01-10-2020 Jul'20 22-08-2020 27-09-2020 27-09-2020 30-09-2020 01-10-2020 Aug'20 01-10-2020 NA 02- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10-2020 54/2020 - CT dt. 24.06.2020 5 Cr in Group B States Feb 20 24-03-2020 30-06-2020 30-06-2020 30-09-2020 01-10-2020 For interest - Notification No. 51/2020 - CT dated 24.06.2020 For Late fee - Notification No. 52/2020 dated 24.06.2020 Mar 20 24-04-2020 05-07-2020 05-07-2020 30-09-2020 01-10-2020 Apr 20 24-05-2020 09-07-2020 09-07-2020 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 30-09-2020 01-10-2020 May'20 14-07-2020 15-09-2020 15-09-2020 30-09-2020 01-10-2020 Jun'20 24-07-2020 25-09-2020 25-09-2020 30-09-2020 01-10-2020 Jul'20 24-08-2020 29-09-2020 29-06-2020 30-09-2020 01-10-2020 Aug'20 03-10-2020 NA 04-10-2020 54/2020 - CT dt. 24.06.2020 Group A States ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... whose principal place of business is 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 Group B States whose principal place of business is 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, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Note: 1. Maximum Late fees is ₹ 500/- i.e. (250+250) per return if it is filed after the aforesaid date but filed before 30-09-2020 2. Late is 'Nil' if the tax payable is 'Nil' 57/2020-C.T dated 30.06.2020 Form Periodicity Period Due Date No late fees if filed before Ref of Notification GSTR-1 Monthly Mar 20 11-04-2020 10-07-2020 53/2020 - CT dt. 24.06-2020 Apr 20 11-05-2020 24-07-2020 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... May'20 11-06-2020 28-07-2020 Jun'20 11-07-2020 05-08-2020 Jul'20 11-08-2020 NA Aug'20 11-09-2020 Quarterly January to March, 2020 30-04-2020 17-07-2020 April to June, 2020 31-07-2020 03-08-2020 GSTR 4 Annual FY 19-20 31-08-2020 No waiver 59/2020 dated 13.07.20 GSTR - 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Monthly March 2020 to July 2020 31-08-2020 NA 35/2020 - CT dated 03-04-2020 GSTR - 6 GSTR - 7 GSTR - 8 GSTR - 9 Annual 18-19 31-12-2019 30-09-2020 41/2020- C.T dated 05.05.2020 GSTR - 9C Annual 18-19 31-12-2019 30-09-2020 The following worth noting: The due dates are not extended except few cases, the reliefs are only for late fee waiver or reduced liability of the interest T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he late fee waivers interest concessions are based on the Turnover in Preceding Year not current year. For February and March 2020, the Turnover of the FY 2018-19 shall be seen whereas, for April, 2020 onwards, the Turnover of FY 2019-20 shall be seen. Due to change of the base year, it may be possible that the same taxpayer would be changing the category of the taxpayers i.e. Larger tax payers to small tax payers and vice-versa. Aggregate Turnover to be seen (i.e. Pan India Basis and not state wise), which includes all types of Turnover viz., exempted, NIL Late fee in case of NIL Return Mere Deposit of Tax is not sufficient. Hence, actual filing of the return with setting off the liability only enables the aforesaid benefits ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... For feedback/queries: venkataprasad@hiregange.com - - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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