{"id":267,"date":"2022-05-20T12:00:17","date_gmt":"2022-05-20T12:00:17","guid":{"rendered":"https:\/\/consultcaonline.com\/?p=267"},"modified":"2022-05-27T10:26:52","modified_gmt":"2022-05-27T10:26:52","slug":"gst-notifications-issued-on-1st-may-2021-by-cbic-for-given-relief-in-pandemic-situation-2","status":"publish","type":"post","link":"https:\/\/consultcaonline.com\/index.php\/2022\/05\/20\/gst-notifications-issued-on-1st-may-2021-by-cbic-for-given-relief-in-pandemic-situation-2\/","title":{"rendered":"GST-Notifications issued on 1st May, 2021 by CBIC for given relief in Pandemic Situation"},"content":{"rendered":"\n

Some notifications issued by the Department to providing relief in current Pandemic Situation (Covid-19) in the country to the taxpayers on 1st<\/sup> May, 2021<\/p>\n\n\n\n

Notification No. 08\/2021- Central Tax- Relaxation in Interest for the month of March -2021 & April -2021<\/strong>:<\/u><\/em><\/p>\n\n\n\n

Notification No. 09\/2021- Central Tax-Waiver of Late Fees for specified taxpayers and specified tax periods:<\/strong><\/u><\/em><\/p>\n\n\n\n

Notification No. 10\/2021- Central Tax-Extension in due date of filling of GSTR-4  (Composition Scheme) for Financial year 20-21 to 31st<\/sup> May, 2021   <\/strong><\/u><\/em><\/p>\n\n\n\n

Notification No. 12\/2021- Central Tax-Extension in due date of filling of GSTR-4  (Composition Scheme) for Financial year 20-21 to 31st<\/sup> May, 2021   <\/strong><\/u><\/em><\/p>\n\n\n\n

Taxpayers having Turnover Exceeding 5 Crore in Preceding Financial Year<\/em><\/strong><\/p>\n\n\n\n

(Big Taxpayers required to file GSTR-3B and GSTR-1 on monthly basis)<\/em><\/p>\n\n\n\n

Period<\/u><\/em><\/td>Return Type<\/u><\/em><\/td>Due Date<\/u><\/em><\/td>Return Filing Date<\/u><\/em><\/td>Interest<\/u><\/em><\/td>Late Fee<\/u><\/em><\/td><\/tr>
March-21<\/td>GSTR-3B<\/td>20-04-2021<\/td>Till 05-05-2021<\/td>9 % for first 15 days<\/td>Nil<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>After 05-05-2021<\/td>9 % for first 15 days than 18% thereafter<\/td>Rs. 20\/50 per day<\/td><\/tr>
April-21<\/td>GSTR-3B<\/td>20-05-2021<\/td>Till 04-06-2021<\/td>9 % for first 15 days<\/td>Nil<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>After 04-06-2021<\/td>9 % for first 15 days than 18% thereafter<\/td>Rs. 20\/50 per day<\/td><\/tr>
April-21<\/td>GSTR-1<\/td>11-05-2021<\/td>Till 26-05-2021<\/td>Not Applicable<\/td>Nil<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>After 26-05-2021<\/td>Not Applicable<\/td>Rs. 20\/50 per day<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Taxpayers having Turnover Upto 5 Crore in Preceding Financial Year<\/em><\/strong><\/p>\n\n\n\n

(Small Taxpayers required to file GSTR-3B and GSTR-1 on quarterly basis)<\/em><\/p>\n\n\n\n

Period<\/u><\/em><\/td>Return Type<\/u><\/em><\/td>Due Date<\/u><\/em><\/td>Return Filing Date<\/u><\/em><\/td>Interest<\/u><\/em><\/td>Late Fee<\/u><\/em><\/td><\/tr>
Jan 21-March-21<\/td>GSTR-3B<\/td>22-04-2021<\/td>Till 07-05-2021<\/td>Nil for first 15 days<\/td>Nil<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>Between 08-05-2021 to 22-05-2021<\/td>9 % for first 16th<\/sup> day to 30th<\/sup> day<\/td>Nil<\/td><\/tr>
 <\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>After 22-05-2021<\/td>9 % for first 16th<\/sup> day to 30th<\/sup> day than 18% thereafter<\/td>Rs. 20\/50 per day<\/td><\/tr>
April-21<\/td>IFF<\/td>13-05-2021<\/td>Till 28-05-2021<\/td>Not Applicable<\/td>Nil<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Composition Taxpayers<\/em><\/strong><\/p>\n\n\n\n

Period<\/u><\/em><\/td>Return Type<\/u><\/em><\/td>Due Date<\/u><\/em><\/td>Return Filing Date<\/u><\/em><\/td>Interest<\/u><\/em><\/td><\/tr>
Jan 21-March-21<\/td>CMP-08<\/td>18-04-2021<\/td>Till 03-05-2021<\/td>Nil for first 15 Days<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>Between 03-05-2021<\/td>9 % for first 16th<\/sup> day to 30th<\/sup> day<\/td><\/tr>
 <\/u><\/em><\/td> <\/u><\/em><\/td> <\/u><\/em><\/td>After 18-05-2021<\/td>9 % for first 16th<\/sup> day to 30th<\/sup> day than 18% thereafter<\/td><\/tr>
Jan 21-March-21<\/td>GSTR-4<\/td>30-04-2021<\/td>31-05-2021<\/td>Not Applicable<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notification No. 11\/2021- Central Tax-Extension in due date of filling of ITC-04  for Financial year 20-21 to 31st<\/sup> May, 2021   <\/strong><\/u><\/em><\/p>\n\n\n\n

ITC-04 is a declaration furnishing by the principal manufacturer in respect of the goods dispatched to Job workers for Job Work with certain conditions.<\/p>\n\n\n\n

ITC-04 is a quarterly form. It must be furnished on or before 25th day of the month succeeding the quarter. According to the provision for Jan-21 to Mar-21 quarter, the due date is 25th April-21. But in the above notification, this due date of 25th April-21 is extended to 31st May-21.<\/p>\n\n\n\n

Notification No. 13\/2021- Central Tax-Compliance of Rule36(4) for the month of April-21 deferred till May-21 & IFF for April shall be available till 28th<\/sup> May,21   <\/strong><\/u><\/em><\/p>\n\n\n\n

The CGST Rule-36(4)restrict taxpayer to claim ITC of 5% of the eligible credit available in respect of invoices or debit notes as per details uploaded by the suppliers.<\/p>\n\n\n\n

Now as per this notification ITC claims to 5% of GSTR-2B (Auto populated) in GSTR-3B is relaxed for April 2021. The taxpayer can apply this rule cumulatively for both April-2021 and May -2021 while GSTR-3B for May 2021.<\/p>\n\n\n\n

Further this notification extended due date to file IFF for the month of April-2021 by taxpayer opted QRMP scheme open to file originally from 1st<\/sup> May -2021 to 13th<\/sup> May-2021 now extended to 1st<\/sup> May -2021 to 28th<\/sup> May-2021.<\/p>\n\n\n\n

Notification No. 14\/2021- Central Tax-Extension of dates of various compliances till 31st<\/sup> May-2021<\/strong><\/u><\/em><\/p>\n\n\n\n

Notification under section 168A of CGST Act due date of compliance which falls during the period from the 15th April 2021 to 30th May 2021  extended to 31st May 2021.<\/p>\n\n\n\n

Exception of above:<\/p>\n\n\n\n

  1. On section 39 but except Sub Section(3)- TDS Return u\/s 51 (GSTR-7), Sub Section (4)- Return by Input service distributor (GSTR-6) and Sub Section (5)- Non- resident Taxpayer (GSTR-5)<\/li><\/ol>\n\n\n\n

    It means the extension is allowed in all three sub sections as mentioned above.<\/strong><\/p>\n\n\n\n

    • Section 68 as far as E-way bill is concerned<\/li>
    • Section 10 (3) – Composition Scheme shall lapse if turnover exceeds the prescribed limit.<\/li><\/ul>\n\n\n\n

      Section 25- Procedure for registration.<\/p>\n\n\n\n

      Section 27- Provisions related to Casual taxable Person and Non- Resident taxable person<\/p>\n\n\n\n

      Section 31- Tax Invoice<\/p>\n\n\n\n

      Section 37- Furnishing details of outwards supplies<\/p>\n\n\n\n

      Section 47- Levy of Late Fee<\/p>\n\n\n\n

      Section 50- Interest on delayed payment of Tax<\/p>\n\n\n\n

      Section 69- Power to Arrest<\/p>\n\n\n\n

      Section 90- Liability of Partners of the firm to pay tax<\/p>\n\n\n\n

      Section 122- Penalty for certain offenses<\/p>\n\n\n\n

      Section 129- Detention, seizure, and release of goods and conveyance in transit.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Some notifications issued by the Department to providing relief in current Pandemic Situation (Covid-19) in the country to the taxpayers on 1st May, 2021 Notification No. 08\/2021- Central Tax- Relaxation in Interest for the month of March -2021 & April -2021: Notification No. 09\/2021- Central Tax-Waiver of Late Fees for specified taxpayers and specified tax […]<\/p>\n","protected":false},"author":2,"featured_media":273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst"],"_links":{"self":[{"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/posts\/267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/comments?post=267"}],"version-history":[{"count":2,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/posts\/267\/revisions"}],"predecessor-version":[{"id":578,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/posts\/267\/revisions\/578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/media\/273"}],"wp:attachment":[{"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/media?parent=267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/categories?post=267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/consultcaonline.com\/index.php\/wp-json\/wp\/v2\/tags?post=267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}