Summary of relaxation by CBIC w.r.t. various compliances under GST due to Covid-19 Pandemic vide Notifications issued on 01-05-2021

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Government of India has announced various measures for providing relief to the GST taxpayers in view of spread of Novel Corona Virus (COVID-19) vide Notification No. 08/2021-Central Tax to 14/2021-Central Tax dated 1st May, 2021.

Notification Class of Person Tax Period Relief
Notification No. 08/2021-Central Tax dated 1st May, 2021

 

Person who are filing monthly GSTR 3B and having aggregate turnover of more than rupees 5 crores in the preceding financial year March 2021 and April 2021 Interest Rate Relaxation on late payment of GST Liability: –

First 15 days: – 9% will be applicable from due date

Thereafter 18%.

Person who are filing monthly GSTR 3B and having aggregate turnover up to rupees 5 crores in the preceding financial year March 2021 and April 2021 Interest Rate Relaxation on late payment of GST Liability: –

First 15 days: – Nil from due date

Next 15 days: – 9%

Thereafter 18%.

Person who are filing quarterly GSTR 3B and making monthly payment of GST through PMT-06 March 2021 and April 2021
Person who are filing quarterly CMP- 08 [Statement for payment of self-assessed tax for Composition Taxpayers] Quarter ending March, 2021
Notification No. 09/2021-Central Tax dated 1st May, 2021

 

 

Person who are filing monthly GSTR 3B and having aggregate turnover of more than rupees 5 crores in the preceding financial year March 2021 and April 2021 Waiver of Late Fee:

First 15 days: Nil

Thereafter: Rs. 20/- per day for Nil Return and Rs. 50/- per day for Data return. Maximum up to Rs. 10,000/-.

Person who are filing monthly GSTR 3B and having aggregate turnover up to rupees 5 crores in the preceding financial year March 2021 and April 2021 Waiver of Late Fee:

First 30 days: Nil

Thereafter: Rs. 20/- per day for Nil Return and Rs. 50/- per day for Data return. Maximum up to Rs. 10,000/-.

Person who are filing quarterly GSTR 3B January-March, 2021
Notification No. 10/2021-Central Tax dated 1st May, 2021

 

Person who are registered under Composition scheme Financial Year ending 31st March, 2021 Due date for filing of GSTR -04 has been extended from 30th April 2021 to 31st May 2021
Notification No. 11/2021-Central Tax dated 1st May, 2021

 

Person who are required for furnishing the declaration in FORM GST ITC-04, in respect of goods dispatched to a job worker or received from a job worker 1st January, 2021 to 31st March, 2021 Due date for filing of ITC -04 has been extended from 25th April 2021 to 31st May 2021
Notification No. 12/2021-Central Tax dated 1st May, 2021

 

Person who are filing monthly GSTR 1 April 2021 Due date for filing of GSTR 1 has been extended from 11th May 2021 to 26th May 2021
Notification No. 13/2021-Central Tax dated 1st May, 2021

 

Person who are furnishing details of outward supplies made to registered person through IFF April 2021 Due date for furnishing details through IFF has been extended from 13th May 2021 to 28th May 2021
Notification No. 14/2021-Central Tax dated 1st May, 2021

 

Every Registered non-resident taxable person filing GSTR- 5 Due date falling between 15th April 2021 to 31st May 2021 Due date for filing of GSTR 5 extended to 31st May 2021
Every taxable person registered as an Input Service Distributor April 2021 Due date for filing of GSTR 6 extended from 13th May 2021 to 31st May 2021
Every registered person required to deduct tax at source u/s 51 April 2021 Due date for filing of GSTR 7 extended from 10th May 2021 to 31st May 2021
Every Operator who collects tax at source u/s 52 April 2021 Due date for filing of GSTR 8 extended from 10th May 2021 to 31st May 2021
Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled due to which required to furnish GSTR 10 Due date falling between 15th April 2021 to 31st May 2021 Due date for filing of GSTR 10 extended to 31st May 2021

 

Besides above relaxations there are certain other relaxation which are as under:

 

Relaxation under Rule 36 (4) – Matching of input tax credit to be claimed by Registered person

Rule 36(4) condition of availing the Input tax Credit shall apply cumulatively for the months of April 2021 and May 2021 in GSTR 3B of May 2021. Hence Rule 36(4) will not be applicable for ITC to be claimed in the GSTR 3B of April 2021. Adjustment of Rule 36 (4) will be required in the month of May 2021 on cumulative basis for month of April 2021 and May 2021.

 

Extension of time limit of various compliances under GST Law

The Central Government vide Notification No. 14/2021-Central Tax dated 1st May, 2021 has extended the time limit of various compliances. Where, any time limit for completion or compliance of any action, by any authority or by any person, has been specified in, or prescribed or notified under the said Act, which falls during the period from the 15th day of April, 2021 to the 30th day of May, 2021, and where completion or compliance of such action has not been made within such time, then, the time limit for completion or compliance of such action, shall be extended up to the 31st day of May, 2021, including for the purposes of-

 

a) completion of any proceeding or passing of any order or issuance of any notice, intimation, notification, sanction or approval or such other action, by whatever name called, by any authority, commission or tribunal, by whatever name called, under the provisions of the Acts stated above; or

b) filing of any appeal, reply or application or furnishing of any report, document, return, statement or such other record, by whatever name called, under the provisions of the Acts stated above;

Exception: –

a) Chapter IV [Time and Value of Supply];

b) sub-section (3) of section 10, sections 25, 27, 31, 37, 47, 50, 69, 90, 122, 129;

c) section 39, except sub-section (3), (4) and (5);

d) section 68, in so far as e-way bill is concerned; and

e) rules made under the provisions specified at clause (a) to (d) above:

 

Extension of time limit for Verification of the Application and approval of GST Registration:

The Central Government vide Notification No. 14/2021-Central Tax dated 1st May, 2021 has notified that when any time limit for completion of any action, by any authority or by any person, specified in, or prescribed or notified under rule 9 of the Central Goods and Services Tax Rules, 2017, falls during the period from the 1st day of May, 2021 to the 31st day of May, 2021, and where completion of such action has not been made within such time, then, the time limit for completion of such action, shall be extended up to the 15th day of June, 2021

 

Refund of Tax:

The Central Government vide Notification No. 14/2021-Central Tax dated 1st May, 2021 has extended the time limit for issuing the order of rejecting the refund claim. In cases where a notice has been issued for rejection of refund claim, in full or in part and where the time limit for issuance of order in terms of the provisions of sub-section (5), read with sub-section (7) of section 54 of the said Act falls during the period from the 15th day of April, 2021 to the 30th day of May, 2021, in such cases the time limit for issuance of the said order shall be extended to fifteen days after the receipt of reply to the notice from the registered person or the 31st day of May, 2021, whichever is later.

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