Recent Changes in GST Compliance
Respected Sir/Madam,
Warm greetings from MKRK & Co!!!!
We hope you are staying healthy and safe.
As you are aware that we are under lockdown considering Novel Corona Virus (COVID-19) outbreak. Considering lockdown, government has extended due dates for various GST compliances.
We have summarized significant changes for your better understanding.
1.Extension in due date of monthly return i.e. GSTR 3B
A. Turnover in the preceding year i.e. FY 2018-19 exceeds ₹ 5 Crore
| Month | Original due date | Extended due date | Interest liability | Late fee |
| February | 20/03/2020 | 24/06/2020 | No interest if liability is paid by 4th April, thereafter interest at reduced rate of 9% p.a. from 4th April till 24th June. | NIL, if filed up to 24th June |
| March | 20/04/2020 | 24/06/2020 | No interest if liability is paid by 5th May, thereafter interest at reduced rate of 9% p.a. from 5th May till 24th June. | NIL, if filed up to 24th June |
| April | 20/05/2020 | 24/06/2020 | No interest if liability is paid by 4th June, thereafter interest at reduced rate of 9% p.a. from 4th June till 24th June. | NIL, if filed up to 24th June |
| May | 20/06/2020 | 27/06/2020 | Interest at 18% p.a. if liability is paid beyond 27th June. | NIL, if filed up to 27th June |
Note: If return is filed beyond extended due date; interest @ 18% p.a. will be applicable from Original due date
B. Turnover in the preceding year i.e. FY 2018-19 exceeds ₹ 1.5 crore up to Rs. 5 crores
| Month | Original due date | Extended due date | Interest liability | Late fee |
| February | 22/03/2020 | 29/06/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| March | 22/04/2020 | 29/06/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| April | 22/05/2020 | 30/06/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| May | 22/06/2020 | 12/07/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
Note: If return is filed beyond extended due date; interest @ 18% p.a. will be applicable from Original due date
C. Turnover in the preceding year i.e. FY 2018-19 does not exceed ₹ 1.5 crore.
| Month | Original due date | Extended due date | Interest liability | Late fee |
| February | 22/03/2020 | 30/06/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| March | 22/04/2020 | 03/07/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| April | 22/05/2020 | 06/07/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
| May | 22/06/2020 | 12/07/2020 | NIL: if liability is paid by extended due date | NIL: if return is filed by extended due date |
Note: If return is filed beyond extended due date; interest @ 18% p.a. will be applicable from Original due date.
2.Extension in due date for filing GSTR 1
A. Turnover exceeding Rs. 5 crores
| Period | Original due date | Extended due date |
| March | 11/04/2020 | 30/06/2020 |
| April | 11/05/2020 | 30/06/2020 |
| May | 11/06/2020 | 30/06/2020 |
B. Turnover not exceeding Rs. 5crore
| Period | Original due date | Extended due date |
| Jan-March | 30/04/2020 | 30/06/2020 |
3.Extension for Composition Taxpayers
| Period | Return | Original due date | Extended due date |
| Jan-March | CMP-08 (Payment of Tax) |
18/04/2020 | 07/07/2020 |
| FY 2019-20 | GSTR 4 (Annual return for Composition taxpayers) |
13/04/2020 | 15/07/2020 |
4.Extension of validity period of EWB:
E-way bills (EWB), whose expiry date lies between 20th March 2020, and 15th April 2020, would also be deemed to be valid till 30th April 2020.
5.Opting for Composition for FY 2020-21
Normal Taxpayers wanting to opt for Composition should not file GSTR3B and GSTR 1 for any tax period of FY 2020-21. They can opt for Composition by 30th June 2020.
6.Relaxation of Provision under Rule 36(4):
In terms of Rule 36(4), Input Tax Credit (ITC) availment is restricted up to 110% of eligible credit appearing in GSTR 2A or ITC claimed by taxpayer whichever is lower.Now, relaxation is provided that compliance of Rule 36(4) for ITC pertaining to period February to August, may be made while filing GSTR 3B for the month of September 2020.
This note for your information purpose. For any clarification you may contact me on
Mobile: +91-9822336200 or email on pratik.rairikar@mkrk.co.in
Stay Home, Stay Safe!!
Thanks & Regards
CA Pratik Rairikar, Partner
MKRK & Co