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Covid-19 Relief Measures for Taxpayers under GST law

CA Harshal Jain 
on 03 May 2021

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In view of the spread of pandemic COVID-19 across many parts of India & challenges faced by Taxpayers, the Government vide Notification Nos. 08/2021- Central Tax, 09/2021- Central Tax, 10/2021- Central Tax, 11/2021- Central Tax, 12/2021- Central Tax, 13/2021- Central Tax, 14/2021- Central Tax, 01/2021 - Integrated Tax & 01/2021 - Union Territory Tax dated 1st May, 2021has announced various relief measures for taxpayers under Goods and Services Tax Law in form of Reduction in rate of interest, Waiver of Late Fees, Extension of due dates as follows:

Covid-19 Relief Measures for Taxpayers under GST law

Relief Measures

Notification No.

Return/Form Type

Period

Original Due Date

Extended Due Date

Extension of Due Date

12/2021 - Central Tax

Form GSTR - 1

Apr-21

11/05/2021

26/05/2021

13/2021 - Central Tax

IFF

Apr-21

13/05/2021

28/05/2021

10/2021 - Central Tax

Form GSTR - 4 (Composition Dealer)

FY 2020-21

30/04/2021

31/05/2021

11/2021 - Central Tax

Form GST ITC - 04 (Job Work)

FY 2020-21

25/04/2021

31/05/2021

   

Form GSTR - 3B

Relief in Interest for Nos. of days

Reduction in rate of Interest for delayed payment

08/2021 - Central Tax

01/2021 - Integrated Tax

01/2021 - Union Territory

Turnover > 5Crs

Mar-21 &

Apr-21

@9% for first 15 days from Due Date

@18% thereafter

Turnover upto 5Crs (Monthly Filers)

Mar-21 &

Apr-21

@Nil for first 15 days from Due Date;

@9% for next 15 days;

@18% thereafter

Turnover upto 5Crs (QRMP Scheme)

Jan To Mar-21 Quarter

@Nil for first 15 days from Due Date;

@9% for next 15 days;

@18% thereafter

     

Waiver of Late Fees for Nos. of days

Late Fees Waiver

09/2021 - Central Tax

Turnover > 5Crs

Mar-21 &

Apr-21

15 days from due date of furnishing return

Turnover upto 5Crs (Monthly Filers)

Mar-21 &

Apr-21

30 days from due date of furnishing return

Turnover upto 5Crs (QRMP Scheme)

Jan To Mar-21 Quarter

30 days from due date of furnishing return

Relaxation ITC availment

13/2021 - Central Tax

Rule 36(4) i.e. 105% Cap on availment of ITC

Apr-21

Rule 36(4) adjustment for Apr-21 & May-21 applicable on Cumulative basis in GTR 3B of May-21

Extension of Time Limits

14/2021 - Central Tax

Completion of Proceeding or passing of order or issuance of notice, intimation, Filing of Appeal, Reply

15th Apr, 21 to 30th May, 21

Extension upto 31st May, 21

Rule 9 (Registrations) - CGST, 2017 actions

1st May, 21 to 31st May, 21

Extension upto 15th June, 21

GST Refund Order u/s 54(5)

15th Apr, 21 to 30th May, 21

15 days after the receipt of reply or 31st May, 21 whichever is Later

 
 

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