07 May 2021
•Relaxation in the interest rate is provided for March & April 2021 GSTR-3B Returns. Kindly refer the table below:
Taxpayer having T/o more than Rs. 5Cr in FY 19-209% for first 15 days and 18 % thereafter from the due date. Taxpayer having T/o upto Rs. 5Cr in FY 19-20 Nil for the first 15 days, 9% for next 15 days and 18% thereafter from due date. Taxpayers who are liable to furnish return under composition scheme / QRMP scheme.Nil for the first 15 days, 9% for next 15 days and 18% thereafter from due date.
•No late fees to be levied for filing GSTR 3B for March & April 2021 GSTR-3B Returns. Kindly refer the table below:
Taxpayer having T/o more than Rs. 5Cr in FY 19-20.15 days from the due date of furnishing return Taxpayer having T/o upto Rs. 5Cr in FY 19-20 or opted for QRMP scheme.30 days from the due date of furnishing return
•CBIC extends due date for filing GSTR 4 (Annual Return for person opted for Composition Scheme) for FY 2020-21 till 31st May, 2021.
•CBIC extends due date for filing GST ITC-04 for the period January to March 2021 till 31st May, 2021.
•GSTR-1 due date for the period April 2021 extended to 26th May 2021.
•IFF due date for the period April 2021 extended to 28th May 2021.
•Rule 36(4) shall apply cumulatively for April and May, 2021 in GSTR-3B Return for May, 2021.
•Companies incorporated between 27/04/2021 to 31/05/2021 are allowed to file GSTR-1 / GSTR-3B / IFF through electronic verification code (EVC).
•Return Calendar facility has been enabled on the dashboard of GST Portal wherein one can see the filing status of last return period.
•Rate of Tax Tab has been enabled in Table No. 12 (HSN Wise Summary) in GSTR 1 Return.
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