An Exhaustive List of GST Notifications Issued: Extension of due dates

Deepti Shikha

18 Feb, 2021

The Department of Revenue under the Ministry of Finance^[1] issues notifications from time to time to keep the concerned people updated regarding changes made with regard to various compliance procedures, tax rates, and similar matters. Due to Covid-19, the Government announced several measures with respect to the extension of due dates in GST. In this blog, all the recent GST notifications issued by the Government in the month of March and April 2020 have been summarized.

The GST Notifications issued are mentioned below:

GST Notifications issued with Respect to Form GSTR-3B

The following provisions have been inserted through the Notification No. 36/2020 in Form GSTR-3B

• The taxpayers having an aggregate turnover of more than Rs. 5 crore in the preceding financial year filing return in form GSTR-3B for the month of May, 2020 shall file electronically through the common portal on or before 27^th June, 2020.
• The assesses having an aggregate turnover of up to Rs. 5 crore in the previous financial year, whose principal place of business located in the States of Chhattisgarh, Gujarat, Madhya Pradesh, Karnataka, Maharashtra, Kerala, Goa, Telangana, Tamil Nadu,  Andhra Pradesh, the UTs -Daman and Diu and Dadra and Nagar Haveli, Andaman and Nicobar Islands, Puducherry and Lakshadweep will furnish the return in FORM GSTR-3B electronically through a common portal on or before the 12^th July, 2020.
• The taxpayers whose aggregate turnover is up to Rs. 5 crores in the previous financial year and the location of the principal place of business is in the States of Himachal Pradesh, Uttarakhand, Punjab, Rajasthan, Haryana, Bihar, Uttar Pradesh, Sikkim, Nagaland, Arunachal Pradesh, Manipur, Tripura, Mizoram, Meghalaya, West Bengal, Assam, Jharkhand and Odisha, the UTs-  Jammu and Kashmir, Chandigarh, Ladakh, or Delhi. The return in Form GSTR-3B to be furnished electronically for the month of May, 2020 on or before the 14^th July, 2020.

Takeaway

• Assesses with an aggregate annual turnover of less than Rs. 5 Crore can file the GSTR-3B forms which are due in March, April and May, 2020 by the last week of June 2020. No interest or late fee or penalty will be charged.
• Others can file their returns which is due in March, April and May 2020 by the last week of June 2020, but they would be charged interest of 9 % per annum from 15 days after the due date (current interest rate is 18 % per annum). No late fee and penalty will be charged, if filed before/ by 30th June 2020.
• The date for opting for the composition scheme has been extended till the last week of June, 2020. Moreover, the last date for quarterly payments to be made till 31^st March, 2020 and also the filing of return for 2019-20 by the composition dealers will be extended till the last week of June, 2020.
• As per the GST notifications issued, the due date for furnishing of GST annual returns of the year 2018-19, which is due on 31st March, 2020 has been extended till the last week of June 2020.
• The due date for issue of notice or notification or approval order or sanction order or filing of appeal or furnishing of return or statements or applications or reports or any other documents and the time period for any compliance Mentioned in the GST laws where the time limit is between 20^th March, 2020 to 29^th June, 2020 shall be extended to 30th June 2020.
• According to the GST notifications issued, all the necessary legal circulars and the legislative amendments to give effect to the aforesaid GST relief shall follow with the approval of the GST Council.