Due to the Covid-19 pandemic, the government has extended key compliance timelines for goods and services tax (GST) and waived late fees to ease the compliance burden which will ultimately benefit the taxpayers. In this article, we will discuss on Due date for GST Return extended under COVID Pandemic.
The Due Date for GST Return extended under Covid Pandemic
The government has extended key compliance timelines for goods and services tax (GST) and waived late fees to ease the compliance burden during the second wave of Covid-19. Also, the Ministry of Finance had received multiple industry representations, including from micro, small and medium enterprises, seeking a breather of up to three months.
Notification No. 09/2021 – Central Tax:
As per notification 09/2021 GSTR-3b for the month March & April 2021
- 15 days from the due date of providing a return for March & April 2021 in case of Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year,
- 30 days from the due date of providing a return for March & April 2021 in case of Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year.
- 30 days from the due date of providing a return for the quarter Jan-March 2021 in case of Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year and utilised for QRMP scheme.
Notification No. 10/2021 – Central Tax:
As per notification 10/2021The due date for furnishing return in Form GSTR-4 for the financial year ending 31st March 2021 has been extended from 30th April 2021 to 31st May 2021.
Notification No. 11/2021 – Central Tax:
As per notification 11/2021GST ITC-04 declaration due to date filing extends to the 31st day of May 2021, in respect of goods dispatched to a job worker or received from a job worker, for the period from 1st January 2021 to 31st March 2021.
Notification No. 12/2021 – Central Tax:
The due date for providing details of outward supplies in Form GSTR-1 for the month of April-2021 has been extended from 11th May 2021 to 26th May 2021.
Notification No. 13/2021 – Central Tax:
The Central Goods and Services Tax (Third Amendment) Rules, 2021 have been published. Following are the key novelties:
- Rule 36(4) shall apply cumulatively for the period April and May 2021 and the return in FORM GSTR-3B for the tax period May 2021 shall be furnished with the cumulative adjustment of input tax credit for the said months.
- The details using IFF for April 2021 can be provided from 1st May 2021 till 28th May 2021.
Notification No. 14/2021 – Central Tax:
Where, any time limit for finish or compliance of any action, by any authority or by any person, has been specified in, or prescribed or notified under the said Act, which falls during the period from the 15th day of April 2021 to the 30th day of May 2021, and where completion or compliance of such action has not been made within such time, then, the time limit for completion or compliance of such action, shall be extended up to the 31st day of May 2021, including for—
- Completion of any movement or passing of any order or issuance of any notice, intimation, notification, sanction or approval or such other action, by whatever name called; or
- Filing of any appeal, reply or application or furnishing of any report, document, return, report or such other record, by whatever name called.
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