Due for May month 3B for taxpayer having T/O above 5 crore is 20th June only, if filed after that then interest will be applicable, right ?
The relaxtion for May month is in respect of Late Fees if filed till 27th June, correct ?
3 Replies
Shivam RC
(Student)
(23683 Points)
Replied 08 June 2020
@ Yash Sir, You are Correct. Just note that not only Late Fees, the Interest portion is also waived if the Return is filed within 27th June 2020.
As per Notification No. 36/2020 - Central Tax, dated 03.04.2020, LATE FEES U/s 47 & INTEREST U/s 50 of the CGST Act 2017 for FORM GSTR-3B for the month of May 2020 stands waived provided the said Return is filed within 27th June 2020 ( 27/06/2020 ) for Taxpayers having Aggregate Turnover More than Rs. 5 crores.
So,
DUE DATE : 20/06/2020.
WITHOUT LATE FEES & INTEREST : 27/06/2020.
Regards,
Shivam RC.
As per Notification No. 36/2020 - Central Tax, dated 03.04.2020, LATE FEES U/s 47 & INTEREST U/s 50 of the CGST Act 2017 for FORM GSTR-3B for the month of May 2020 stands waived provided the said Return is filed within 27th June 2020 ( 27/06/2020 ) for Taxpayers having Aggregate Turnover More than Rs. 5 crores.
So,
DUE DATE : 20/06/2020.
WITHOUT LATE FEES & INTEREST : 27/06/2020.
Regards,
Shivam RC.
Recent Topics
- Capital Gain on Equity ETF
- Seventh Proviso to Sec 139(1)
- Loan of a company against HUF Deposits
- Tax on EPF post separation, when there is no Emplo
- Ancestral HUF property after partition belongs to
- Looking for Hospital M&A Opportunities –
- ITC Not Auto-Populating in GSTR-3B Despite Ledger
- Official answer for income tax query
- FD in ITR-4
- Exception in salary - new tax regime
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
