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Due date for tax payments

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ashima khurana

105 Points Posted on 08 April 2020

kya tax deposit bhi 30 june tk kr sakte h march ka. koi interest to nahi lagega

Replies (8)

Quick Summary

This discussion clarifies the due dates for tax payments, specifically for March. For taxpayers with an aggregate turnover below ₹1.5 crore in the preceding financial year, the due date for filing FORM GSTR-3B for March was extended to July 3rd, 2020. Importantly, interest and late fees are waived if payments are made within these extended deadlines, as per relevant GST notifications.

Shivam RC

Student

7666 Points Posted on 08 April 2020

What is your Aggregate Turnover Ma'am in the preceding Financial Year ???

ashima khurana

105 Points Posted on 09 April 2020

2200000

RAJA P M

"Do the Right Thing...!!!"

77833 Points Posted on 09 April 2020

Can You elaborate Your query with correct details...?!
Also with english...!

Pankaj Rawat

GST Practitioner

29904 Points Posted on 09 April 2020

Agar aap ki turnover 5 Crore key below hai to koi Interest Applicable Nahi hota.
(Refer Notification 31/2020 CT & r/w Circular 136/06/2020 GST)

ashima khurana

105 Points Posted on 09 April 2020

Ok thank u sir

Shivam RC

Student

7666 Points Posted on 09 April 2020

The Due Date for filing FORM GSTR -3B for the Taxpayers having Aggregate Turnover upto Rs. 1.5 core in the preceding FY :

FEBRUARY : 30.06.2020
MARCH : 03.07.2020
APRIL : 06.07.2020.
MAY : 12.07.2020 and 14.07.2020 ( For specified States ).

The Late Fees levied u/s 47(1) of the CGST Act 2017 and Interest levied u/s 50(1) of the CGST Act 2017 @ 18% has been completely waived off if filed within the prescribed due date.

Refer Notification No. 31/2020 - Central Tax, Notification No. 32/2020 - Central Tax and Notification No. 36/2020 - Central Tax, all dated 03.04.2020 for more information.