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PPF due date

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Jyoti Narang

Kkk

885 Points Posted on 13 April 2020

what is the last date for gstr1 for business having turnover above 5 cr without interest n late fees or penalty for the mth of March 2020

Replies (2)

Quick Summary

This discussion clarifies the GSTR-1 due dates for businesses with a turnover exceeding 5 crore for March, April, and May 2020. The filing deadline for these months has been extended to 30th June 2020, with late fees waived if filed by this date. Interest is not applicable to GSTR-1 filings. For GSTR-3B, the due date remains the 20th of the subsequent month, but interest is waived if filed within 15 days of the original due date.

CA Akshay Hiregange

Partner - Audit & Assistance

3708 Points Posted on 13 April 2020

GSTR 1 due date is unchanged although late fees would not be charged if returns are filed by 30th June 2020. (for Mar, Apr & May 2020 and for quarter ending Mar 2020), i.e. without late fees. - Notif. 33/2020-CT

For GSTR 3B - 36/2020-CT - for > 5 cr T/o - due date would remain 20th of subsequent month although no interest if return is filed within 15 days from due date. If returns of Feb, Mar & Apr 2020 are filed before 24th June 2020 but beyond 15 days time limit interest will be charged at 9% p.a. If it is delayed beyond 24th June 2020, then interest would be charged at 18% from original due date, i.e. 20th.

Hope this helps.

Shivam RC

Student

7666 Points Posted on 13 April 2020

DUE DATE FOR FORM GSTR-1 : As per Notification No. 33/2020 - Central Tax, dated 03.04.2020, DUE DATE for filing STATEMENT OF OUTWARD SUPPLIES i.e. FORM GSTR-1 for Taxpayers having Aggregate Turnover more than Rs. 5 crore is as follows :-

MARCH : 30.06.2020.
APRIL : 30.06.2020.
MAY : 30.06.2020.

LATE FEES : Late Fees levied under Section 47(1) of the CGST Act 2017, has been completely waived off provided the Statement is filed within 30.06.2020.

INTEREST : Interest is not applicable for FORM GSTR-1.