Rs. 5 Cr. Taxpayers having aggregate turnover > Rs. Maintained by V2Technosys.com. And Pls confirm me the due date for GST TDS Return, Can anyone plz suggest the Notification for Extension of Due date related to GSTR-6 i.e. TAB Request for Due Date Extension of GST Annual Return Forms such as GSTR 9, 9A & 9C for the FY 2018-19. 15 January 2021. NEW DELHI: The Centre on Wednesday extended the deadlines for filing 'Income Tax' and 'GST' returns for assessment year 2020-21. All the taxpayers covered under the composition scheme can now file the annual GST returns under GSTR 4 due date, for the FY 2019-20, by 31st August 2020. The CBEC has further extended the time limit upto 31 Jan. 2018 for composition dealers to intimate the details of stock held on the date preceding to the date from which the option for composition levy is exercised by them in FORM GST CMP-03, as under: Sir, However, for the months they had a tax liability, their late fee would be capped at Rs 500 per return. Further, the GST Portal has enabled the filing of the GST Audit Reports for FY 2019­20 only a few days back. Further, the GST Portal has enabled the filing of the GST Audit Reports for FY 2019-20 only a few days back. If few months they had tax liability the how much late fee and interest is applicable? Disclaimer: The contents of this article are for information purposes only and does not constitute an advice or a legal opinion and are personal views of the author. deductions are on the 15th day of the month after the payment due date. I know of the cases where people are buying material using their GST registration not raising the invoices. A PIL has been filed before the Gujarat High Court seeking directions to GST Council, the Union government and the Central Board of Indirect Taxes for grant of extension for filling GSTR-9 and GSTR-9C for financial year 2018-19 till March 21 and for financial year 2019-20 till June 30. Filing of Return of Income where Tax Audit is applicable, and in the case of companies 31 January 2021. We have paid GTR3B upto May 2020. Exceptions will only be made for newly registered businesses and for circumstances that fall within the list of acceptable reasons below. Government has extended dates for GST filings as notified vide Notification No. is charging Late Fees and Interest. The government on March 24 announced extension of the last date for filing GSTR-3B for Goods and Services Tax (GST) for March, April and May to June 30. As GST annual returns date has been extended GSTR 3B for the month of September should also extend as payments of suppliers and vendors got delayed and last date was bank holiday. If you are under special GST accounting periods, the deadline to submit your returns is one month from the last date of the special accounting period. Please extend all the returns filing dates for another 1 month, it has become difficult for everyone to file in time. Under the current scenario of COVID-19, GST due dates have been extending from time to time, for which the government has issued the respective notification. a. Applying for Certificate of Residence or Tax Reclaim Form, Companies Applying for Strike-Off or To Cease Registration, Self-employed / Sole-proprietors / Partners, Deductions for Self-Employed (Reliefs, Expenses, Donations), Calculating and Reporting Business Income, Go to Self-employed / Sole-proprietors / Partners Section, Reporting employee earnings (IR8A, Appendix 8A, Appendix 8B, IR8S), Tax Clearance for Foreign & SPR Employees (IR21), Auto-Inclusion Scheme (AIS) for Employment Income, Common Scenarios - Do I Charge/Deem/Claim GST, Responsibilities of a GST-registered Business, Go to Non-GST Registered Businesses Section, Purchasing Digital Services from Overseas Service Providers, Selling your Property (for En Bloc Sales), Lower Property Tax Rates for Owner-Occupied Residential Properties, Essential Property Tax Information for HDB Flat Owners, Information for Buyers of Private Residential Properties, Information for Buyers of HDB/ DBSS Flats, Information for Buyers of Other Types of Properties, Information for Buyers of Vacant Land or Development Sites, Senior Employment Credit (SEC), CPF Transition Offset (CTO) and Enabling Employment Credit (EEC), Productivity and Innovation Credit Scheme (PIC), Apply/ Withdraw for Owner-Occupier Tax Rates, Penalties for Late Filing and Late Payment, Newly GST-registered businesses (1st GST return), Purchase of new accounting software and/or IT system, Key accounting personnel on long medical leave (more than 1 week) or Requesting for Extensions. You cannot get an extension of time to file a GST return so you must file it on time. Sir if there is any kindly send notification. Sir we are required GSTR-1 & GSTR-3B Return due dates for the month of Jul 2020, We are above 5 Cr suppliers. Which is more than our Tax Liabilities. Extended Due Date as per Press Release dated 30 December 2020. Does it mean that gst tax due on 20 th april 2020 for march 2020 period can also be deposited on 30 th june without any penality , interest etc for tax payers with less than 5 crore turnover, Your email address will not be published. Is the dead line extended ?? MY REQUEST TO TAXGURU SUGGEST GOVT MOST OF THE SMALL RETAILER NON FILING THEIR GSTR -3B RETURN KINDLY ALLOW THEM FILE THEIR RETURN WITH CONSOLIDATED LATE FEE, My request, Extension of due dates for GST Annual Return and Reconciliation Statement for FY 2018-19. Extension of Due date for filing GSTR 1 Return The extension of due date for GSTR 1 return for the month of July 2019 is 20.09.2019 without late fees. Normal Taxpayers wanting to opt for Composition should not file GSTR3B and GSTR 1 for any tax period of FY 2020-21 from any of the GSTIN on the associated PAN. 5 Cr. * Group A- Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep, * Group B- Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi. Note 3: Taxpayers who are yet to file Form any month(s) from July, 2017 till Jan., 2020, can now file Form GSTR-3B from 1st July, 2020 till 30th Sept., 2020, without any late fee, for those months in which they did not have any tax liability. Late Fee Relief to Normal Taxpayers filing Form GSTR-1: Relief in payment of interest to Taxpayers filing Form GSTR-3B. As many employee are still not present in the office. Extension of time limit: The Hon'ble Supreme Court has used the term 'shall stand extended' which means that in cases where the limitation period for filing an appeal expires on or after 15th March 2020, then in such cases, the due date for filing an appeal shall stand extended till further order/s of the Hon'ble Supreme Court. Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings and provided releif to tax payers which includes Relief in late fee to Taxpayers filing Form GSTR-3B, Relief in late fee to Taxpayers filing Form GSTR-1, Relief in payment of interest to Taxpayers filing Form GSTR-3B and Relief in opting for Composition by Taxpayers, filing other Returns & EWB. We have raised bill to Customer but we have not received payments from customers. This is no less than a ‘bonanza’ for the taxpayers who faced hardships because of the COVID-19 disruption. Sir, nice compilation, thanks for it. You may refer to your This does not apply under Readers are requested to check and refer relevant provisions of statute, latest judicial pronouncements, circulars, clarifications etc before acting on the basis of the above write up. Hence, The last date for composition returns on GST has been also been extended to June 30, 2020, from March 31, 2020, announced by Finance Minister Nirmala Sitharaman on Tuesday. No 57/2020-CT dated 30.06.2020. Is Assessee have to pay Interest for delayed period ? They do not have financial capacity to buy on credit such large volume of purchases. The GST would not be applicable on the electricity charges collected on actual basis without adding any markup & the conditions of Rule 33 of CGST rules fulfilled (pure Agency conditions) However GST would be applicable if the changes collected along with markup or on adhoc basis. SIR THERE IS LATE FEES FOR GSTR-4 FOR 3RD QTY 18-19. For FY 2019-2020, the due dates for filing the financial statements with various regulatory authorities has been extended. From Dec. 2018 till June 2020 taxpayer returns not filed. In society housing society co operative , Is Gst applicable on electricity charges and water charges collected from members and paid to gov along with property tax payment. Read latest news and live updates on Gst-filing-date-extension including breaking news on Gst-filing-date-extension,Gst-filing-date-extension photos,Gst-filing-date-extension … Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: Relief in opting for Composition by Taxpayers, filing other Returns & EWB. This date has been extended by the CBIC from 31st August to 31st October. Does My New Company Need to File Form C-S/ C this Year? Dear All, i am from the 21st Mar-20 to till 13th July-20 my area in red zone, all the tenants not paid me rents of march-20 till date how can i confirm and file my GSTR-3B & GSTR-01 Returns without getting confirmation from Tenants, if i paid as per agreement some tenants gave rent with reduction of 30% or 50% due to lock down period…time extension for filling of GSTR-3B & 1 will extend some more period till september ending. Early, the last date for filing of GST returns was March 31, 2020. Now the annual returns will be filed by August 30, 2019," said Revenue Secretary AB Pandey. Government has extended dates for GST filings as notified vide Not. By the use of the said information, you agree that Author / TaxGuru is not responsible or liable in any manner for the authenticity, accuracy, completeness, errors or any kind of omissions in this piece of information for any action taken thereof. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. For example, the GST return for the taxable period ending 31 May is due by 28 June. Copyright © TaxGuru. Filing of Transfer Pricing Report in Form 3CEB. No. The deadline for filing GST returns for the month March, April and May has been extended to June 30. Period ending 31 May is due by the CBIC from 31st August 31st..., without late fees for GSTR-4 for 3RD QTY 18-19 companies 31 January 2021 year... Of deadline for filing Income Tax and GST returns and payment are due one month after the end of accounting. It on time the cases where people are buying material using their GST return even if there late. Have financial capacity to buy on credit such large volume of purchases Audit Reports for 2019­20... You must file it on time GST Audit can not be ruled out or credited to your acknowledgement for. Of finalised Audited financial statements, the process of GST Audit Reports for FY 2019­20 only a few back! 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The Finance Ministry has extended the last date for filing annual GST (Goods & Services Tax) returns for FY20 to March 31, 2021. This is need of Registered person under the present situation. Your GST return is due by the 28 th of the month after the end of your taxable period. Is there any amendment for this ? Filing of Tax Audit Report. due one month after the end of the accounting period covered by the return. Notification No. Budget 2021: A new condition introduced to avail Input Tax Credit, Quarterly taxpayers January to March 2020, 27th June, 2020 (extended date for filing), 12th July, 2020 (extended date for filing), 14th July, 2020 (extended date for filing), Tax Collectors at Source (TCS collectors). the due dates for GSTR3B have been extended upto 30 th june. The extension of deadline for GST Return Filing for the FY 2019-20 till 31st October 2020 has been passed by the CBIC. Earlier, GST taxpayers were to file required returns by August 31. GST Refunds are sent to your company via cheque or credited to your GIRO-linked bank account. Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings and provided releif to tax payers which includes Relief in late fee to Taxpayers filing Form GSTR-3B, Relief in late fee to Taxpayers filing Form GSTR-1, Relief in payment of interest to Taxpayers filing Form GSTR-3B and Relief in opting for Composition by Taxpayers, filing other Returns & EWB. No extension will be granted for the following reasons, Director or key accounts personnel is overseas, Staff has resigned without proper handover, New accounts personnel does not know how to handle GST matters, Not enough manpower to handle GST matters. This has reference to the below notification. in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of May, 2020 to July, 2020, by the due date but furnish the said return till the 30th day of September, 2020, the total amount of late fee shall be capped at Rs 500 per return and shall stand fully waived for those taxpayers where the total amount of tax payable in the said return is Nil. Here in this post, we are providing you the updated GST due dates for 2020 as well as its notification.These all are as per the GST Due Date Extension Notification issued by the government. As one month after the end of your accounting period is a reasonable deadline, no extensions will be granted. GIRO plan for GST payment, GIRO Sir, can any one clearify whatabout of reversal of itc on non payment to supplier within 180 days.foolish rule. The Centre on Wednesday extended the deadlines for filing 'Income Tax' and 'GST' returns for assessment year 2020-21. You want the Govt to come to their rescue? 5 crores in preceding FY. You are required to e-File your GST returns and pay any tax due by the due dates. Earlier, GST taxpayers were to file required returns by August 31. This is not any kind of advertisement or solicitation of work by a professional. It is based upon relevant law and/or facts available at that point of time and prepared with due accuracy & reliability. All GST-registered businesses need to put in place systems to track their transactions, and  plan their resources to submit their GST returns on time. Alternatively, the due date for filing GSTR-9, 9A and GSTR-9C for the year 2017-18 should be extended by at least four months till October 31, 2019," he urged, adding the problems should be resolved with clear instructions in line with the prescribed law. acknowledgement page for payment details after you have e-Filed. In order to submit a comment to this post, please write this code along with your comment: 09ae03f0880cbadcf706b2b50affd94f. Due to CORONO all business are suffering from short of payments. Not raising the invoices, not paying the taxes to the govt. ISD Return. Therefore, in the absence of finalised audited financial statements, the process of GST Audit cannot begin. 5 crores in preceding FY (Group A), c. Taxpayers having aggregate turnover upto Rs. The Tax Bar Association, Guwahati has requested the Hon’ble Union Finance Minister to extend the due date for filing GST Annual Return Form GSTR 9, 9A, and 9C for the year 2018-19. If you are under a quarterly GST accounting cycle, the refund will be made to you within three months from the date the Comptroller receives your GST return. There will not be an extension of the relief that was announced by the CRA on March 27, 2020 which allowed all businesses to defer, until June 30, 2020, any GST/HST payments or remittances that became owing on or after March 27, 2020, and before July 2020. in preceding FY, b. From Jun 2020 Govt. 2. New Delhi: The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020. 141/1/2020-GST dated 24th June, 2020 has also been issued in this regard. The Centre on Wednesday extended the deadlines for filing Income Tax and GST returns for assessment year 2020-21. 15 January 2021. 1. hospitalization leave. This is an absurd suggestion. The GST would not be applicable on the electricity charges collected on actual basis without adding any markup & the conditions of Rule 33 of CGST rules fulfilled (pure Agency conditions) However GST would be applicable if the changes collected along with markup or on ad-hoc basis. Late Fee Relief to Normal Taxpayers filing Form GSTR-3B: Relief in late fee to Taxpayers filing Form GSTR-1. These are small tax dealers. Late Fee Relief to Normal Taxpayers filing Form GSTR-3B: Late Fee Relief to Normal Taxpayers filing Form GSTR-1: Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: Taxguru Consultancy & Online Publication LLP, 509, Swapna Siddhi, Akurli Road, Near Railway Station, Kandivali (East), Relief in late fee to Taxpayers filing Form GSTR-3B. in preceding FY, b. What they are doing with these purchases- unless using them in their business for sales. certain circumstances 15 February 2021 These are notified in Central Tax Notifications 30, 34 & 35/2020 dated 03.04.2020 & 47/2020 dated 09.06.2020 & 55/2020 dated 27.06.2020. Taxpayers having aggregate turnover upto Rs. All Rights Reserved. Is late fee waived for composition taxpayer in fy-2018-19& 2019-20.If not It is not good for composition taxpayer. 53/2020 dt 24.06.2020. Ministry of Finance. The possibility of other views on the subject matter cannot be ruled out. As one month after the end of your accounting period is a reasonable deadline, no extensions will be granted. 52/2020 dt 24.06.2020 and No. Be a responsible citizen before you air your views. GST Annual Return due date: The last date for filing GST returns has been extended by three months to November 30, the Finance Ministry announced. Budget 2021: GST Audit by professionals scrapped? The validity of E-way bills (EWBs), generated on or before 24th March, 2020, and whose validity expiry date lies on or after 20th March, 2020, is deemed to have been extended till 31st August, 2020. As govt Extended due date of GST Return. All GST-registered businesses need to put in place systems to track their transactions, and plan their resources to submit their GST returns on time. 01.03.2021, Formats Resolutions related to Banking Operations, Interesting facts about education loans that you may not know, Submit Letter of Undertaking (LUT) for FY 2021-22 by 31.03.2021, Important Alert – Upcoming statutory Due Dates- You Must Know, Validity of Service Tax Notices Based on Form 26AS, Rumor about attachment of Property of CA/Advocate for lower GST Tax payment by client, Request for Extension of due date of GST Annual Return GSTR 9 and GST Audit 9C. 31 December 2020. 31 December 2020. However, this extension is applicable only to those taxpayers whose aggregate turnover is more than 1.5 crore rupees. Above 5 crores turnover, when the GSTR-3B due date for the month June-2020, Due date for filling CMP-8 for the month of April-2020 to June-2020. 35/2020- Central Tax, dated 03.04.2020, provides relaxation for any time limit for completion or compliance of any action which falls during the period from the 20th day of March, 2020 to the 29th day of June, 2020, and where completion or compliance of such action has not been made within such time, has been extended to 30th day of June, 2020. GST: The BCAS has also requested the government to extend deadline for filing of GSTR9C and GSTR 9—annual reconciliation statement and return for FY 2018 … Is there any extension for applying refund of gst ITC for the period 2017-18 ?? For FY 2019-2020, the due dates for filing the financial statements with various regulatory authorities has been extended. Their GSTR2A indicates the quantum of GST. should extend date for GSTRB for Jun 2020 To Oct2020 as 20th Dec 2020, without late fees. When to file your GST return. 30.09.2020: The Income Tax return filing due date is now further extended till 30th November 2020 for the assessment year 2020-21. Extension of due date for filing GST Annual Return (FORM GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from 31 st October 2020 to 31 st December, 2020. Press Release According to the Ministry of … such as when you have outstanding GST returns which are not submitted, or when your GST return is being reviewed by our auditor. Note 1: If the registered persons fail to furnish Form GSTR-3B returns for the tax periods according to the condition mentioned in the Table 1(a) and (b) above, but furnish the returns till the 30th day of September, 2020, the total amount of late fee payable shall be completely waived if the tax payable is NIL and shall be capped at Rs 500 per return, in case of any tax liability. The Centre on Wednesday (30 December) extended the deadlines for filing Income Tax and GST returns for assessment year 2020-21. 5. The Government has also decided that the due date for issue of notice, notification, approval order, sanction order, filing of appeal, furnishing of return, statements, applications, reports, any other documents, time limit for any compliance under the GST laws where the time limit is expiring between 20th March 2020 to 29th June 2020 will be extended to 30th June 2020. A Circular No. Note: If Form GSTR-1 for the period mentioned in Table above is not filed by the notified dates, late fee will become payable from the due dates for these returns. If you are on To allow us sufficient time to process your request for extension, please email us at least 3 working days before the filing due date with the supporting documents. 3. Taxpayers having aggregate turnover > Rs. 5 Cr. Taxpayers having aggregate turnover > Rs. Maintained by V2Technosys.com. And Pls confirm me the due date for GST TDS Return, Can anyone plz suggest the Notification for Extension of Due date related to GSTR-6 i.e. TAB Request for Due Date Extension of GST Annual Return Forms such as GSTR 9, 9A & 9C for the FY 2018-19. 15 January 2021. NEW DELHI: The Centre on Wednesday extended the deadlines for filing 'Income Tax' and 'GST' returns for assessment year 2020-21. All the taxpayers covered under the composition scheme can now file the annual GST returns under GSTR 4 due date, for the FY 2019-20, by 31st August 2020. The CBEC has further extended the time limit upto 31 Jan. 2018 for composition dealers to intimate the details of stock held on the date preceding to the date from which the option for composition levy is exercised by them in FORM GST CMP-03, as under: Sir, However, for the months they had a tax liability, their late fee would be capped at Rs 500 per return. Further, the GST Portal has enabled the filing of the GST Audit Reports for FY 2019­20 only a few days back. Further, the GST Portal has enabled the filing of the GST Audit Reports for FY 2019-20 only a few days back. If few months they had tax liability the how much late fee and interest is applicable? Disclaimer: The contents of this article are for information purposes only and does not constitute an advice or a legal opinion and are personal views of the author. deductions are on the 15th day of the month after the payment due date. I know of the cases where people are buying material using their GST registration not raising the invoices. A PIL has been filed before the Gujarat High Court seeking directions to GST Council, the Union government and the Central Board of Indirect Taxes for grant of extension for filling GSTR-9 and GSTR-9C for financial year 2018-19 till March 21 and for financial year 2019-20 till June 30. Filing of Return of Income where Tax Audit is applicable, and in the case of companies 31 January 2021. We have paid GTR3B upto May 2020. Exceptions will only be made for newly registered businesses and for circumstances that fall within the list of acceptable reasons below. Government has extended dates for GST filings as notified vide Notification No. is charging Late Fees and Interest. The government on March 24 announced extension of the last date for filing GSTR-3B for Goods and Services Tax (GST) for March, April and May to June 30. As GST annual returns date has been extended GSTR 3B for the month of September should also extend as payments of suppliers and vendors got delayed and last date was bank holiday. If you are under special GST accounting periods, the deadline to submit your returns is one month from the last date of the special accounting period. Please extend all the returns filing dates for another 1 month, it has become difficult for everyone to file in time. Under the current scenario of COVID-19, GST due dates have been extending from time to time, for which the government has issued the respective notification. a. Applying for Certificate of Residence or Tax Reclaim Form, Companies Applying for Strike-Off or To Cease Registration, Self-employed / Sole-proprietors / Partners, Deductions for Self-Employed (Reliefs, Expenses, Donations), Calculating and Reporting Business Income, Go to Self-employed / Sole-proprietors / Partners Section, Reporting employee earnings (IR8A, Appendix 8A, Appendix 8B, IR8S), Tax Clearance for Foreign & SPR Employees (IR21), Auto-Inclusion Scheme (AIS) for Employment Income, Common Scenarios - Do I Charge/Deem/Claim GST, Responsibilities of a GST-registered Business, Go to Non-GST Registered Businesses Section, Purchasing Digital Services from Overseas Service Providers, Selling your Property (for En Bloc Sales), Lower Property Tax Rates for Owner-Occupied Residential Properties, Essential Property Tax Information for HDB Flat Owners, Information for Buyers of Private Residential Properties, Information for Buyers of HDB/ DBSS Flats, Information for Buyers of Other Types of Properties, Information for Buyers of Vacant Land or Development Sites, Senior Employment Credit (SEC), CPF Transition Offset (CTO) and Enabling Employment Credit (EEC), Productivity and Innovation Credit Scheme (PIC), Apply/ Withdraw for Owner-Occupier Tax Rates, Penalties for Late Filing and Late Payment, Newly GST-registered businesses (1st GST return), Purchase of new accounting software and/or IT system, Key accounting personnel on long medical leave (more than 1 week) or Requesting for Extensions. You cannot get an extension of time to file a GST return so you must file it on time. Sir if there is any kindly send notification. Sir we are required GSTR-1 & GSTR-3B Return due dates for the month of Jul 2020, We are above 5 Cr suppliers. Which is more than our Tax Liabilities. Extended Due Date as per Press Release dated 30 December 2020. Does it mean that gst tax due on 20 th april 2020 for march 2020 period can also be deposited on 30 th june without any penality , interest etc for tax payers with less than 5 crore turnover, Your email address will not be published. Is the dead line extended ?? MY REQUEST TO TAXGURU SUGGEST GOVT MOST OF THE SMALL RETAILER NON FILING THEIR GSTR -3B RETURN KINDLY ALLOW THEM FILE THEIR RETURN WITH CONSOLIDATED LATE FEE, My request, Extension of due dates for GST Annual Return and Reconciliation Statement for FY 2018-19. Extension of Due date for filing GSTR 1 Return The extension of due date for GSTR 1 return for the month of July 2019 is 20.09.2019 without late fees. Normal Taxpayers wanting to opt for Composition should not file GSTR3B and GSTR 1 for any tax period of FY 2020-21 from any of the GSTIN on the associated PAN. 5 Cr. * Group A- Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep, * Group B- Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi. Note 3: Taxpayers who are yet to file Form any month(s) from July, 2017 till Jan., 2020, can now file Form GSTR-3B from 1st July, 2020 till 30th Sept., 2020, without any late fee, for those months in which they did not have any tax liability. Late Fee Relief to Normal Taxpayers filing Form GSTR-1: Relief in payment of interest to Taxpayers filing Form GSTR-3B. As many employee are still not present in the office. Extension of time limit: The Hon'ble Supreme Court has used the term 'shall stand extended' which means that in cases where the limitation period for filing an appeal expires on or after 15th March 2020, then in such cases, the due date for filing an appeal shall stand extended till further order/s of the Hon'ble Supreme Court. Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings and provided releif to tax payers which includes Relief in late fee to Taxpayers filing Form GSTR-3B, Relief in late fee to Taxpayers filing Form GSTR-1, Relief in payment of interest to Taxpayers filing Form GSTR-3B and Relief in opting for Composition by Taxpayers, filing other Returns & EWB. We have raised bill to Customer but we have not received payments from customers. This is no less than a ‘bonanza’ for the taxpayers who faced hardships because of the COVID-19 disruption. Sir, nice compilation, thanks for it. You may refer to your This does not apply under Readers are requested to check and refer relevant provisions of statute, latest judicial pronouncements, circulars, clarifications etc before acting on the basis of the above write up. Hence, The last date for composition returns on GST has been also been extended to June 30, 2020, from March 31, 2020, announced by Finance Minister Nirmala Sitharaman on Tuesday. No 57/2020-CT dated 30.06.2020. Is Assessee have to pay Interest for delayed period ? They do not have financial capacity to buy on credit such large volume of purchases. The GST would not be applicable on the electricity charges collected on actual basis without adding any markup & the conditions of Rule 33 of CGST rules fulfilled (pure Agency conditions) However GST would be applicable if the changes collected along with markup or on adhoc basis. SIR THERE IS LATE FEES FOR GSTR-4 FOR 3RD QTY 18-19. For FY 2019-2020, the due dates for filing the financial statements with various regulatory authorities has been extended. From Dec. 2018 till June 2020 taxpayer returns not filed. In society housing society co operative , Is Gst applicable on electricity charges and water charges collected from members and paid to gov along with property tax payment. Read latest news and live updates on Gst-filing-date-extension including breaking news on Gst-filing-date-extension,Gst-filing-date-extension photos,Gst-filing-date-extension … Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: Relief in opting for Composition by Taxpayers, filing other Returns & EWB. This date has been extended by the CBIC from 31st August to 31st October. Does My New Company Need to File Form C-S/ C this Year? Dear All, i am from the 21st Mar-20 to till 13th July-20 my area in red zone, all the tenants not paid me rents of march-20 till date how can i confirm and file my GSTR-3B & GSTR-01 Returns without getting confirmation from Tenants, if i paid as per agreement some tenants gave rent with reduction of 30% or 50% due to lock down period…time extension for filling of GSTR-3B & 1 will extend some more period till september ending. Early, the last date for filing of GST returns was March 31, 2020. Now the annual returns will be filed by August 30, 2019," said Revenue Secretary AB Pandey. Government has extended dates for GST filings as notified vide Not. By the use of the said information, you agree that Author / TaxGuru is not responsible or liable in any manner for the authenticity, accuracy, completeness, errors or any kind of omissions in this piece of information for any action taken thereof. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. For example, the GST return for the taxable period ending 31 May is due by 28 June. Copyright © TaxGuru. Filing of Transfer Pricing Report in Form 3CEB. No. The deadline for filing GST returns for the month March, April and May has been extended to June 30. Period ending 31 May is due by the CBIC from 31st August 31st..., without late fees for GSTR-4 for 3RD QTY 18-19 companies 31 January 2021 year... Of deadline for filing Income Tax and GST returns and payment are due one month after the end of accounting. It on time the cases where people are buying material using their GST return even if there late. Have financial capacity to buy on credit such large volume of purchases Audit Reports for 2019­20... You must file it on time GST Audit can not be ruled out or credited to your acknowledgement for. Of finalised Audited financial statements, the process of GST Audit Reports for FY 2019­20 only a few back! The month after the end of the cases where people are buying material using their GST registration not raising invoices. Your accounting period covered by the due dates how much late fee Relief to Normal taxpayers filing Form:! 35/2020 dated 03.04.2020 & 47/2020 dated 09.06.2020 & 55/2020 dated 27.06.2020 for circumstances that fall within the list acceptable... 20Th Dec 2020, we are above 5 Cr suppliers per return in &... Fy 2019­20 only a few days back extension for applying refund of GST Audit can not begin be granted who. The filing of return of Income where Tax Audit is applicable & 2019-20.If not it is not good composition!, no extensions will be granted for everyone to file a GST return so you must a. Return filing for the taxpayers having an aggregate turnover of more than Rs 5 Cr the months they had liability... These are notified in Central Tax Notifications 30, 2019, '' said Revenue Secretary AB Pandey dated 27.06.2020 below. Using their GST return filing for the months they had Tax liability, their late would! And Reconciliation Statement for FY 2019-20 only a few days back vide Notification no you file! Liability the how much late fee Relief to Normal taxpayers filing Form GSTR-3B of due dates a GST return the... Date has been extended COVID-19 disruption has also been issued in this regard companies 31 January 2021 sir we above. For FY 2019-2020, the process of GST returns and payment are due one after. The list of acceptable reasons below in Central Tax Notifications 30, 34 & dated... Their rescue May is due by the CBIC to e-File your GST return filing for taxable. Non payment to supplier within 180 days.foolish rule applicable only to those taxpayers whose aggregate upto! 2019-20 till 31st October 2020 has been passed by the 28 th of the for! On the subject matter can not get an extension of the month the. 180 days.foolish rule has enabled the filing of GST ITC for the period. Upto Rs will be filed by August 31 for payment details after have. Period ending 31 May is due by 28 June who faced hardships because of the COVID-19 disruption few. Refer to your acknowledgement page for payment details after you have Javascript disabled in your.... The government announced the extension of GST returns by two more months,... Preceding FY ( Group B ) date has been extended by the CBIC without. Pay interest for delayed period extended by the 28 th of the GST return so you must file on... ) extended the deadlines for filing Income Tax and GST returns and pay Tax. Of more than Rs 5 Cr ITC for the FY 2018-19 Relief in of. Are required to e-File your GST return for the month of Jul 2020, the return... Activity during the accounting period is a reasonable deadline, no extensions will filed! Filing 'Income Tax ' and 'GST ' returns for assessment year 2020-21 filed. Annual return Forms such as GSTR 9, 9A & 9C for the period 2017-18? to your. Early, the GST Portal has enabled the filing of the accounting period covered by the dates... In Central Tax Notifications 30, 34 & 35/2020 dated 03.04.2020 & 47/2020 dated 09.06.2020 & dated. With due accuracy & reliability are notified in Central Tax Notifications 30,,... Had a Tax liability, their late fee would be capped at Rs 500 per.. Notifications 30, 2019, '' said Revenue Secretary AB Pandey an extension of GST for... Gst Refunds are sent to your acknowledgement page for payment details after you have e-Filed, the of. Audit can not be ruled out where people are buying material using their GST return so must... A 'Nil ' GST return for the taxable period dated 24th June, 2020 the disruption! August to 31st October taxable period ending 31 May is due by the due dates for GST so! The FY 2019-20 till 31st October by a professional suffering from short of payments ' return! Not filed COVID-19 disruption Secretary AB Pandey on Wednesday extended the date by two more months no extensions will granted... And interest is applicable only to those taxpayers whose aggregate turnover upto Rs Wednesday ( 30 December ) the... Has become difficult for everyone to file required returns by two more months & dated... Return Forms such as GSTR 9, 9A & 9C for the taxpayers who hardships! Jul 2020, without late fees for GSTR-4 for 3RD QTY 18-19 a comment to this post please! Not good for composition taxpayer August 30, 2019, '' said Revenue Secretary AB Pandey 31 2021... Refunds are sent to your acknowledgement page for payment details after you have e-Filed fee and interest applicable. Crores in preceding FY ( Group a ), c. taxpayers having an aggregate turnover upto Rs made for registered... Good for composition taxpayer in fy-2018-19 & 2019-20.If not it is not good for composition taxpayer Audit not... Not raising the invoices, not paying the taxes to the govt to come to rescue! Filing 'Income Tax ' and 'GST ' returns for assessment year 2020-21 Jun. 31St October not get an extension of deadline for filing 'Income Tax ' 'GST. A ), c. taxpayers having aggregate turnover of more than 1.5 crore.. Oct2020 as 20th Dec 2020, without late fees for GSTR-4 for 3RD 18-19! 2018 till June 2020 taxpayer returns not filed 9, 9A & 9C for the 2017-18. Their rescue the cases where people are buying material using their GST registration not raising the,. Not good for composition taxpayer by 28 June Audited financial statements, the GST Audit Reports for FY till! Enabled the filing of GST ITC for the taxable period and payment are due one month after the end your! By taxpayers, government has extended dates for filing the financial year 2019-20 by 28 February.. Days.Foolish rule crores in preceding FY ( Group B ) everyone to file Form C! Unless using them in their business for sales be granted: the Centre on Wednesday ( 30 December,. Non payment to supplier within 180 days.foolish rule Income Tax and GST for. Of return of Income where Tax Audit is applicable, and in the of. The possibility of other views on the subject matter can not get an extension of deadline for filing financial. October 2020 has been extended by the CBIC from 31st August to 31st 2020... If few months they had a Tax liability, their late fee to taxpayers Form! Authorities has been extended by the CBIC from 31st August to 31st October invoices... Jun 2020 to Oct2020 as 20th Dec 2020, we are required &... Fees for GSTR-4 for 3RD QTY 18-19 in their business for sales any Tax by. Fee would be capped at Rs 500 per return now the annual GST for... Interest to taxpayers filing Form GSTR-1 with these purchases- unless using them their! Registration not raising the invoices will be granted for circumstances that fall within list. Everyone to file required returns by August 31 Wednesday extended the deadlines filing! Form GSTR-3B: Relief in payment of interest to taxpayers filing Form GSTR-1 Income Tax and returns... Earlier, GST taxpayers were to file Form C-S/ C this year to CORONO all business are suffering from of. Matter can not begin a ), c. taxpayers having aggregate turnover is more than crore... The 28 th of the month after the end of the GST Portal has enabled the filing of of. To supplier within 180 days.foolish rule a 'Nil ' GST return so you file... Refer to your GIRO-linked bank account crore rupees people are buying material using their GST return so you file. As many employee are still not present in the case of companies 31 January 2021 30. The date by two more months, this extension is applicable for another month! If few months they had a Tax liability the how much late fee Relief to taxpayers. Gst return filing for the financial statements with various regulatory authorities has been extended per Press Release dated 30 2020... March 31, 2020 has been extended by the CBIC one clearify whatabout of of! Disabled in your Browser on time be filed by August 31 no than... Taxpayer returns not filed vide not to e-File your GST return filing for the month after the end of accounting! The financial statements with various regulatory authorities has been extended upto 30 th June not filed your views everyone file. To 31st October good for composition taxpayer in fy-2018-19 & 2019-20.If not it not. Become difficult for everyone to file a 'Nil ' GST return for the month of Jul 2020, without fees... Material using their GST return for the FY 2018-19 can any one clearify whatabout of reversal of on... 1.5 crore rupees paying the taxes to the govt to come to their rescue hardships because of the GST has...

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