16 April 2020
Kindly suggest what is the last due date for filing of GSTR-3B for the month of March 2020 and also for payment of GST for the month of March 2020. Our turnover is above 5 Crore.
16 April 2020
As per Notification No. 31/2020- Central Tax, dated 03.04.2020- A lower rate of interest of NIL for first 15 days after the due date of filing return in FORM GSTR-3B and @ 9% thereafter is notified for those registered persons having aggregate turnover above Rs. 5 Crore and NIL rate of interest is notified for those registered persons having aggregate turnover below Rs. 5 Crore in the preceding financial year, for the tax periods of February, 2020 to April, 2020.
For march due date is 20th Apr'20 , no interest of payment for first 15 days i.e. till 5th may'20 .Interest will be calculated @9% instead of 18% from 6th may'20 on wards , if return is filed on or before 24th June'20.
CAclubindia
