Extension in filing of GSTR 3B and relaxation in delay payment for period of March & April 21
(1) Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year (for the month of March & April 2021)
- Interest rate to be levied – 9 per cent for the first 15 days from the due date and 18 per cent thereafter.
- Late fee not applicable for first 15 days for non-filing of GSTR 3B.
(2) Taxpayers having an aggregate turnover less than rupees 5 crores in the preceding financial year (for the month of March & April 2021 & quarter ending March ’21)
- Nil for the first 15 days from the due date, 9 per cent for the next 15 days, and 18 per cent thereafter.
- Late fee not applicable for first 30 days from the due date of furnishing return, for non-filing of GSTR 3B.
(3) Due date for furnishing GSTR -1 for month of April,2021 extended to 26th May,2021.
(4) Section 36(4) to be seen cumulatively for March’21 to May’21 in the return for the month of May 2021.
(5) Due date for furnishing IFF for the month of April extended to 28th May,
(6) For TDS deposit u/s 194-IA, 194-IB & 194M extended from 30.4.21 to 31.5.21.
(7) For filing Belated/Revised ITR for AY 20-21 till 31.5.21.
