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Summary of relief provided under GST due to corona virus

Due to coronavirus outbreak and disruption in the normal routine of entire nation, the Central Board of Indirect Taxes and Customs (CBIC) has provided various reliefs and various extensions under Goods and Services Tax (GST) compliance. Below is the brief summary of various relaxations provided be CBIC:-

Waiver and reduction of interest payable on delayed filing of Form GSTR-3B

Notification No. 31/2020 – Central Tax

CBIC has waived off interest payable on delayed filing of Form GSTR-3B for the taxpayers having aggregate turnover up to Rs 5 crore in the preceding financial year. Further for the taxpayers having an aggregate turnover of more than Rs 5 crore in the preceding financial year, no interest will be charged for the first 15 days and interest will be charged at the reduced rate of 9% thereafter.

The above waiver and reduction of interest payable is applicable only if GSTR-3B for the month of February 2020, March 2020 and April 2020, is to be filed as per below dates:-

Type of Tax Payers Interest Tax Period Condition
Having an aggregate turnover of more than rupees 5 crores in the preceding financial year. Nil for the first 15 days from the due date, and 9 percent thereafter February 2020, March 2020 and April 2020 GSTR-3B is filed on or before 24.06.2020
Having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year. Nil February 2020 and March 2020 GSTR-3B is filed on or before 29.06.2020
April 2020 GSTR-3B is filed on or before 30.06.2020
Having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year. Nil February 2020 GSTR-3B is filed on or before 30.06.2020
March 2020 GSTR-3B is filed on or before 03.07.2020
April 2020 GSTR-3B is filed on or before 06.07.2020

Waiver of late fee for delayed filing of Form GSTR-3B

Notification No. 32/2020 – Central Tax

CBIC has waived off late fee payable on delayed filing of Form GSTR-3B for the month of February 2020, March 2020 and April 2020, if such Form GSTR-3B for the above period is filed on or before below dates:-

Type of Tax Payers Tax Period Condition
Having an aggregate turnover of more than rupees 5 crores in the preceding financial year. February 2020, March 2020 and April 2020 GSTR-3B is filed on or before 24.06.2020
Having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year. February 2020 and March 2020 GSTR-3B is filed on or before 29.06.2020
April 2020 GSTR-3B is filed on or before 30.06.2020
Having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year. February 2020 GSTR-3B is filed on or before 30.06.2020
March 2020 GSTR-3B is filed on or before 03.07.2020
April 2020 GSTR-3B is filed on or before 06.07.2020

Waiver of late fee for delayed filing of Form GSTR-1

Notification No. 33/2020 – Central Tax

CBIC has waived off late fee payable on delayed filing of Form GSTR-1 for the month of March 2020, April 2020 and May 2020 (for monthly filers) and for the quarter ending on 31.03.2020 (for quarterly filers), if such Form GSTR-1 for the above period is filed on or before 30.06.2020.

Extension in the time limit for payment of self-assessed tax in Form GST CMP-08 and furnishing of return in Form GSTR-4

Notification No. 34/2020 – Central Tax

CBIC has extended the time period for payment of self-assessed tax in Form GST CMP-08 for the quarter ending on 31.03.2020 till 07.07.2020.

Further CBIC also extended the time period for filing return in Form GSTR-4 for the financial year ending on 31.03.2020 till 15.07.2020.

Extension of the time period for completion or compliance of any action by any authority or any person under the Act and extension of validity of the e-way bill

Notification No. 36/2020 – Central Tax

A) Extension of the time period for completion or compliance of any action by any authority or any person under the Act

CBIC has extended the time period for completion or compliance of any action by any authority or any person under the Act, if the last date for completion or compliance of such action falls between the periods of 20.03.2020 to 29.06.2020, then such action can now be completed till 30.06.2020. Here action means any act which is required to be fulfilled under the act and may include the following:-

(a) completion of any proceeding or passing of any order or issuance of any notice, intimation, notification, sanction or approval or such other action, by whatever name called, by any authority, commission or tribunal, by whatever name called, under the provisions of the Acts stated above; or

(b) filing of any appeal, reply or application or furnishing of any report, document, return, statement or such other record, by whatever name called, under the provisions of the Acts stated above;

However above extension is not applicable in the following cases:-

a) Chapter IV (determination of time and value of supply).

b) Sub-section (3) of section 10 (lapse of the option of availing composition scheme if turnover exceeds above specified limit), sections 25 (time limit and procedure of registration under GST), Section 27 (Special procedure relating to casual taxable person and non-resident taxable person), Section 31 (time limit of issuance of tax invoice), Section 37 (Furnishing details of outward supplies), Section 47 (Levy of late fee), Section 50 (Interest on delayed payment of tax), Section 69 (Power to arrest), Section 90 (Liability of partners of the firm to pay tax), Section 122 (Penalty for certain offences), Section 129 (Detention, seizure and release of goods and conveyances in transit).

c) Section 39, except sub-section (3), (4) and (5): Regarding furnishing of returns.

d) Section 68, in so far as e-way bill is concerned.

e) Rules made under the provisions specified at clause (a) to (d) above.

B) Extension of validity of e-way bill

CBIC has also extended the validity of e-way bills generated during the period of 20.03.2020 to 15.04.2020. All the e-way bills generated during the above period shall be deemed to be valid till 30.04.2020.

Extension of due date for filing GSTR-3B for the month of May 2020

Notification No. 36/2020 – Central Tax

New Due Date Condition State/Union Territories
27.06.2020 if aggregate turnover is more than 5 crore rupees in the previous financial year All States
12.07.2020 if aggregate turnover is up to 5 crore rupees in the previous financial year Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep.
14.07.2020 if aggregate turnover is up to 5 crore rupees in the previous financial year Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi.

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