ICMAI releases Upcoming Various Important Due Dates

SL No

PARTICULARS

DUE DATE

DETAIL

1.

Annual – Updation of Udyam Registration

From 1^st April 2021 Onwards

• An Individual/Enterprise having Udyam Registration Number need to update its information online in the Udyam Registration portal.

• Including the details of the ITR and the GST Return for the previous financial year and such other additional information as may be required, on self declaration basis.

• Failure to update the relevant information within the period specified in the online Udyam Registration portal will render the enterprise liable for suspension of its status of MSME.

(Website: https://udyamregistration.gov.in)

2.

Updation of GSTN in Udyam Registration

31^st March 2021

• In case you have obtained Udyam Registration on Self Declaration Basis & don’t have GST registration yet, then you need to get GST registration and update in Udyam Registration to avoid de-activation, as GST registration is mandatory for Udyam Registration w.e.f. 01/04/2021.

(Website: https://udyamregistration.gov.in)

3.

Migration of UAM/EM Part-II to Udyam Registration

31^st March 2021

• All the existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) obtained till 30.06.2020 shall remain valid till 31.03.2021, hence need to be migrated to New Udyam Registration.

(Website: https://udyamregistration.gov.in)

4.

Annual Updation of Import Export Code (IEC)

April 2021 to June 2021

• IEC holder has to ensure that details in its IEC are updated electronically every year, during April-June period.

• In cases where there are no changes in IEC details same also needs to be confirmed online. An IEC shall be de- activated, if it is not updated within the prescribed time.

5.

Opt in GST Composition Scheme

31^st March 2021

• Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal. The eligible taxpayers, who wish to avail the composition scheme, may opt in for composition up to 31st March 2021.

6.

Linking of PAN card with Aadhar Card

31^st March 2021

• Last date for linking PAN with Aadhaar is 31st March, 2021.

(Website: www.incometaxindiaefiling.gov.in )

7.

Advance Tax for Q4 of FY 2020-21

15^th March 2021

• Advance Tax Due date for Quarter 4 of FY 2020-21 is 15/03/2021.

https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp

8.

Filing of DTVSV Forms

28^th February 2021

• Last date for filing Direct Tax VIVAD SE VISHWAS SCHEME (DTVSV) Forms is 28th Feb, 2021

(Website: www.incometaxindiaefiling.gov.in)

9.

Monthly GSTR 3B Due Date for Regular Taxpayer

20^th March 2021

• Vide Notification No 82/2020 – Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from January, 2021.

(For detailed Notification refer link https://www.gst.gov.in/newsandupdates/read/450)

10.

Aadhaar Authentication / e- KYC for Existing Taxpayers on GST Portal

06 January 2021 Onwards

• Functionality for Aadhaar Authentication and e-KYC (where Aadhaar is not available) has been deployed on GST Common Portal w.e.f. 6th January, 2021, for existing taxpayers.

• All taxpayers registered as Regular Taxpayers (including Casual Taxable person, SEZ Units/Developers), ISD and Composition taxpayers can do their Aadhaar Authentication or e-KYC on GST Portal.

(Website: www.gst.gov.in)

11.

Apply for Letter of Undertaking (LUT) for FY 2021-22

16th February 2021

• The facility to furnish Letter of Undertaking (LUT) for FY 2021-22 has been activated by GSTN.

• Now the exporters making zero rated supply without payment of taxes can furnish their LUT in Form GST RFD- 11.

(Website: www.gst.gov.in)

12.

Opt in/Opt Out of QRMP scheme for June-2021 Qtr

1^st February 2021 to 30^th April 2021

• GST Registered Persons, who want to opt in /opt out of QRMP scheme to Regular Monthly Scheme for June- 2021 quarter, can do the scheme during 1^st February 2021 to 30^th April 2021.

(Website: www.gst.gov.in)