Quick Answer: Is GST Return Date Extended?

Is Date Extended for Gstr 3b?

The government on March 24 announced extension of the last date for filing GSTR-3B for Goods and Services Tax (GST) for March, April and May to June 30..

What is the due date for payment of GST?

20thThe GST payment due date for general taxpayers is 20th of next month while the GST payment due date for composition scheme dealers is 18th of next quarter.

Is Gstr 1 monthly or quarterly?

GSTR-1 is to be filed by all normal taxpayers who are registered under GST. It is to be filed monthly, except in the case of small taxpayers with turnover up to Rs.1.5 crore in the previous financial year, who can file the same on a quarterly basis.

What is the last date of GST payment for March 2020?

GST Return 1 Due Date (T.O. More Than INR 1.5 Crore)Period (Monthly)Last DatesMarch 202010th July 2020February 202011th March 2020January 202011th February 2020December 201911th January 202017 more rows

What happens if you file GST late?

Late filing of a GST/HST return is not the only way you can incur GST/HST penalties. You can also receive fines for the following: If you receive a demand to file a general sales tax return and do not do so, the CRA will charge you a penalty of $250.

Can Gstr 3b filed quarterly?

As many as 94 lakh registered GST taxpayers can opt in for the new Quarterly filing of Return with Monthly Payment (QRMP) Scheme, under which GSTR-3B returns can be filed just once a quarter.

Is GST return filing date extended?

The Finance Ministry has extended the last date for filing annual GST (Goods & Services Tax) returns for FY20 to March 31, 2021. Earlier, the due date was December 31. There have been demands to extend the date for two reasons: first, the pandemic and second, the due date for annual returns for FY19 is December 31.

How GST late fee is calculated?

Also, non-payment or late payment of GST attracts Interest. All returns except Annual Returns: Rs. 50 per day (Rs. 25 CGST + Rs. 25 SGST) of default up to a maximum of Rs 5,000. Annual Returns: Rs. 200 per day (Rs. 100 CGST + Rs. 100 SGST) of default up to a maximum of 0.25% of Turnover.

What if GST return not filed for 6 months?

According to sources, PK Dash, Chairman, CBIC, expressed his displeasure in the progress of cancellation of registration of non-filers who have not filed GSTR 3B (showing tax payments) returns for six or more than six return periods and are liable to action under GST law.

Is Gstr 3b monthly or quarterly?

The goods and services tax (GST) taxpayers with a turnover of up to Rs 5 crore will have the option to ease their compliance burden from January 1, as the facility to file GSTR-3B only on a quarterly basis kicks in. Currently, GSTR-3B is filed on a monthly basis along with payment of taxes.

Is Gstr 3b due date extended for Feb 2020?

Nil till extended due date & thereafter @9% till 30.09. 2020. Interest waived Up to extended due date. …

Is Gstr 1 due date extended?

CBIC vide GST Notification 83/2020-Central Tax, dated 10-11-2020 extends the time limit of filing GSTR 1….GSTR 1 : For all regular taxpayers.GSTR 1 FrequencyTax periodExtended datesMonthApr-2024th July 2020MonthMay-2028th July 2020MonthJun-205th August 2020QuarterMar-2017th July 20202 more rows