In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued several notifications, all dated 1st May 2021, providing relief measures in GST compliances to taxpayers. These measures are summarized below for easy reference:
| Summarized View of Notifications Issued for Extension of GST Compliances | |||||
| Notification No. 08/2021 & 09/2021 – Central Tax Dated 1st May, 2021 | |||||
| Particulars | Applicable Period | Aggregate Turnover in Preceding F.Y. | Rate of Interest | Period for Which Late Fee Waived |
|
| GSTR-3B (Monthly filer) | March’21 – April’21 | More Than 5 Cr | First 15 Days from due date- 9% Thereafter- 18% |
15 days from due date of furnishing return | |
| GSTR-3B (Monthly filer) | March’21 – April’21 | Upto 5 Cr | First 15 Days from due date- NIL Next 15 days – 9% Thereafter- 18% |
30 days from due date of furnishing return | |
| GSTR-3B (Quarterly filer) | January’21-March’21 | Upto 5 Cr | First 15 Days from due date- NIL Next 15 days – 9% Thereafter- 18% |
30 days from due date of furnishing return | |
| Composition Taxpayers | Quarter Ending March’21 | N/A | First 15 Days from due date- NIL Next 15 days – 9% Thereafter- 18% |
N/A | |
| Notification No. 10/2021 – Central Tax Dated 1st May, 2021 | |||||
| The due date for furnishing return in Form GSTR-4 for the F.Y. ending 31st March 2021 has been extended till 31st May, 2021. | |||||
| Notification No. 11/2021 – Central Tax Dated 1st May, 2021 | |||||
| The due date for filing FORM GST ITC-04, in respect of goods dispatched to a job worker or received from a job worker, during the period from 1st January 2021 to 31st March, 2021 has been extended till 31st May, 2021. | |||||
| Notification No. 12/2021 – Central Tax Dated 1st May, 2021 | |||||
| The due date for furnishing the details of outward supplies in FORM GSTR-1 for the tax period April, 2021, extended till 26th May 2021. | |||||
| Notification No. 13/2021 – Central Tax Dated 1st May, 2021 | |||||
| The return in FORM GSTR-3B for May, 2021 shall be furnished with the cumulative adjustment of ITC under Rule 36(4) of CGST Rules, 2017, for the period April and May, 2021. | |||||
| Quarterly return filers can furnish the details of outward supplies using Invoicing Furnishing Facility (IFF) for April, 2021 from 1st May, 2021 to 28th May, 2021. | |||||
| Notification No. 14/2021 – Central Tax Dated 1st May, 2021 | |||||
| Time limit for completion of any proceedings, issuance of any notice, filing of any appeal or compliance of any action etc. falling during the period 15th April 2021 to 30th May 2021 is extended upto 31st May, 2021, subject to some exceptions as specified in the notification. | |||||