DUE DATE OF FILING GST RETURNS EXTENDED FOR MARCH 2021 & APRIL, 2021
Due to prevailing conditions of pandemic, the Government on 1st May, 2021 brought a series of notifications which are intended to extend the deadlines for filing of various GST returns and also allowed relaxations in the late fees and penalty in form of interest on late deposit of GST. The following are the relaxations announced by the Government in this alarming Covid-19 situations where the entire nation is fighting against this deadly virus. The Government was expected to be more generous as there are lokedown/ curfew in almost all major cities of the country and no one is able to move out of their household.
GST COMPLIANCE DATES FOR TAXPAYERS UNDER GST (REGULAR)- GSTR 3B
|
Nature of taxpayer |
March 2021- Late Fees |
March 2021 -Interest on late deposit |
April 2021- Late Fees |
April 2021- Interest on late deposit |
|
Aggregate turnover more than Rs. 5 crores in preceding F.Y. |
NIL late fees for filing of GSTR-3B up to 15 days from original due date |
9% for the first 15 days from the original due date and 18% thereafter |
NIL late fees for filing of GSTR-3B up to 15 days from original due date |
9% for the first 15 days from the original due date and 18% thereafter |
|
Aggregate turnover up to Rs. 5 crores in preceding F.Y. |
NIL late fees for filing of GSTR-3B up to 30 days from the original due date |
Nil for the first 15 days from the due date, 9% for the next 15 days & 18% thereafter |
NIL late fees for filing of GSTR-3B up to 30 days from the original due date |
Nil for the first 15 days from the due date, 9% for the next 15 days & 18% thereafter |
|
Taxpayers having aggregate turnover up to Rs. 5 crores & who are liable to furnish quarterly return (QRMP)- January to March 2021 |
NIL late fees for filing of GSTR-3B up to 30 days from the original due date |
Nil for the first 15 days from the due date, 9% for the next 15 days and 18% thereafter |
Not Applicable |
Nil for the first 15 days from the due date, 9% for the next 15 days and 18% thereafter |
GST COMPLIANCE DATES FOR TAXPAYERS UNDER GST (REGULAR/QRMP)- GSTR- 1/ IFF
|
Type of Return |
Month |
|
|
GSTR-1 |
April, 2021 |
|
|
IFF |
April, 2021 |
EXTENDED DUE DATES & RELAXATIONS FOR OTHER GST COMPLIANCES |
|
|
Filing of GSTR-4 by dealers registered under Composition Scheme |
|
|
Filing of Form GST ITC-04 in respect of goods dispatched to a job-worker or received from a job-worker |
|
|
Time limit for completion or compliance of any action including completion of proceedings, passing of orders, issuance of notice, intimation, notification, sanction, approval, filing of any appeal, reply or application, furnishing of any report, document etc. which falls due between 15th April 2021 to 30th May, 2021 |
|
The following are the notifications issued by the Government in this regard:
- Notification No. 8/2021 to 14/2021- Central Tax dated 1st May 2021
- Notification No. 01/2021- Integrated Tax dated 1st May 2021
- Notification No. 01/2021- UT Tax dated 1st May 2021
ALSO READ THE FOLLOWING RELATED ARTICLES:- Extension of due dates under Income Tax
Due date under Vivad Se Vishwas Scheme Extended
