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Basis of the Honourable Finance Minister Smt Nirmala Sitharaman on 24th March 2020 press conference for relief measures on account of complete lockdown for 21 days under various statues. An ordinance was issued for the same on 31st March 2020, and notifications for GST were released on 3rd April 2020, and there are some changes between the announcements made and notified.

Notification No. 30/2020 – Central Tax Dated 3rd April 2020

The last date for opting out to composition scheme for regular taxpayers has been extended to facilitate the taxpayers due to the lockdown.

Sr.NoFormLast date for filing
1Form GST CMP – 0230th June 2020
2Form GST ITC – 0331st July 2020

Notification No. 31/2020 – Central Tax Dated 3rd April 2020

The due dates for filing of GSTR – 3B have been notified for Feb, March, April, and May for various categories of taxpayers, along with exempting the interest and, in some cases at a lower rate.

This notification is a retrospective notification effective from 20th March 2020 as of Feb 2020s GSTR – 3B due date is 20th March 2020,

Sl. NoAggerate TurnoverInterestReturn PeriodsDue Date
1Above Rs 5 during the previous financial yearInterest is exempted for filing within 15 days of the due date and after that interest is levied at a lower rate of 9%Feb – April 2020By 24th June 2020
2Turnover between Rs 1.50 crores and Rs 5.00 Crores in the previous financial yearNilFeb and March 2020

April 2020

29th June 2020

30th June 2020

3Turnover upto Rs 1.50 crores during the previous financial yearNilFeb – 2020

March – 2020

April – 2020

30th June 2020

3rd July 2020

6th July 2020

Notification No. 32/2020 – Central Tax Dated 3rd April 2020

For the taxpayers who file the returns within the due dates as mentioned in Notification No. 31/2020 – Central Tax Dated 3rd April 2020 are exempted from payment of the late fee. This also a retrospective notification and is effective from 20th March 2020.

Notification No. 33/2020 – Central Tax Dated 3rd April 2020

Late if exempted for all the taxpayers who are required to file GSTR – 1 for March to April 2020 by 30th June 2020.

Notification No. 34/2020 – Central Tax Dated 3rd April 2020

Relaxation is also given for the composition taxpayers for the filing of returns.

Sr.NoFormPeriodLast date for filing
1Form GST CMP – 081st January to 31st March7th July 2020
2Form GSTR – 41st April 2019 to 31st March 202015thJuly 2020

Notification No. 35/2020 – Central Tax Dated 3rd April 2020

This is also a retrospective notification and effective from 20th March 2020.

The validity of e-waybills,which are expiring between 20th March 2020 to 15th April 2020, it is deemed to extended up to 30th April 2020.

For any compliance or completion falling between 20th March 2020 and 29th June 2020 based on provisions of GST, the due date is extended up to 30th June 2020. This extension is applicable for the department (Authority, commission or tribunal or called by any name) in the following areas

  • Completion of any proceedings
  • Passing of any orders or notices
  • For any intimations, sanctions, approvals

For the taxpayers

  • Filing of an appeal
  • Reply
  • Application
  • Furnishing of any report or documents or statements or any other record

The above extension is not applicable for the following provisions

Input tax credit

The transition from composition to the regular scheme on breach of the threshold of composition scheme

  • Registration
  • Registration as a casual taxable person
  • For the issue of tax invoice, debit note or credit note
  • For filing of returns for outward supplies
  • For levy of late fee
  • For levy of interest on delayed payments
  • For arrest
  • Liability of partners of the firm to pay tax
  • For levy of penalties under certain offenses
  • For detention, search, seizure, and release of goods in transit
  • GSTR 3B except for Return of TDS deductor, input service distributor, Non-resident taxable person. These person can furnish a return for March 2020, April 2020 and May 2020 on or before 30.06.2020

Read More : https://taxguru.in/goods-and-service-tax/synopsis-gst-notifications-issued-3rd-april-2020.html

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