Keeping in view the preventive measures taken to contain the spread of Novel Coronavirus (COVID-19) and the difficulties being faced by the GST taxpayer, the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, has extended the various due date for Filing GST Returns without additional fee/penalty.
Filing of GSTR –3B
GSTR 3B Due Dates for May 2020
Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
| November, 2020 | 20th December, 2020 | – | – | – |
Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
| November, 2020 | 22nd December, 2020 | |||
| Group A States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep | ||||
Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)
| Tax period | Due Date | No interest payable till | Interest payable @ 9% from & till | Interest payable @ 18% from |
| November, 2020 | 24th December, 2020 | |||
| Group B States: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi
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Filing Form GSTR-1:
| Tax period | Due Date | Remarks | |
| October to December, 2020
Quarterly return |
13.01.2021 | Taxpayers having an aggregate turnover of Up to Rs. 1.50 Crores (< Rs 1.50 Cr) or opted to file Quarterly Return | |
| Monthly return
(November, 2020) |
11.12.2020 | Taxpayers having an aggregate turnover of More than Rs. 1.50 Crores (> Rs 1.50 Cr) or opted to file Monthly Return | |
Compliances for Composition taxpayers
| Form No. | Compliance Particulars | Due Date (New)
|
| GST CMP-08 | 3rd Quarter – October to December, 2020 | 18.01.2021 |
Non-Resident Tax Payers, ISD, TDS & TCS Taxpayers
| Form No. | Compliance Particulars | Timeline | Due Date |
| GSTR-5 & 5A | Non-resident ODIAR services provider file Monthly GST Return | 20th of succeeding month | 20.12.2020 |
|
GSTR -6 |
Every Input Service Distributor (ISD) |
13th of succeeding month |
13.12.2020 |
|
GSTR -7 |
Return for Tax Deducted at source to be filed by Tax Deductor |
10th of succeeding month |
10.12.2020 |
|
GSTR -8 |
E-Commerce operator registered under GST liable to TCS | 10th of succeeding month | 10.12.2020 |
GST Annual Returns:
| Form No. | Compliance Particulars | Due Date (New)
|
| GSTR-9A (2018-19) | Annual return | 31.12.2020 |
| GSTR-9 (2018-19) | Taxpayers having an aggregate turnover of more than Rs. 2 Crores or opted to file Annual Return. | 31.12.2020 |
| GSTR-9C (2018-19) | Reconciliation Statement/ Audit Report for Taxpayers having a Turnover of more than Rs. 5 crores. | 31.12.2020 |
GST Refund:
| Form No. | Compliance Particulars | Due Date (New)
|
| RFD -10 | Refund of Tax to Certain Persons | 18 Months after the end of quarter for which refund is to be claimed |
Key UPDATE(s):
- As per Rule 138E (a) & (b) of the CGST Rules, 2017, blocking of EWB generation will be started from 01.12.2020.
- Government to prepare a list of ‘risky’ companies created to evade GST
The government will use artificial intelligence (AI) and Aadhaar registration to segregate dubious firms purposely created for Goods and Services Tax (GST) evasion and put them under the “risky” category to closely monitor their activities, two finance ministry officials said. (Click here)
- GST Compliance tightened: Buyers from big firms to show valid e-invoices for tax credit
Aiming to collect almost the same sum as taxes as last year, the revenue department is tightening compliance requirements related to e-invoicing. The buyers are required to ensure proper e-invoices are issued to them by listed large GST-registered businesses; in the absence of such e-invoices, the buyers could lose input tax credit. (Click here)
- Firm busted for availing benefit from bogus invoices of around Rs 685 crore
On the basis of specific intelligence as well as further data mining/analysis on GSTN and E way bill portals, the officers of CGST Delhi South Commissionerate, have busted a syndicate of firms involved in availing invoices/E-way bills issued on the GSTIN of fake/dummy firms and getting Refund of IGST on the strength of such fake Invoices.
A case was booked against M/s. Baan Ganga Impex having their Principal Place of Business at L-10A, Ganga Tower, Mahipalpur, New Delhi-110037 (GSTIN 07AAMFB0425A1Z4).
In total M/s Baan Ganga Impex has availed the invoices from the fake entities amounting to Rs. 685 crore (approx.) involving GST of Rs. 50 crore (approx.) and succeeded to get refund of Rs. 35 crores (approx). (To read more Click here)
- Update on auto-population of e-invoice details into GSTR-1
- Certain notified taxpayers have been preparing and issuing invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Details from such e-invoices are be auto-populated in respective tables of GSTR-1. An update on the status of such auto-population was earlier published on 13/11/2020.
- Due to some unanticipated issues, there has been delay in auto-population of e-invoice details into GSTR-1.
Hence, such taxpayers who had reported e-invoices should not wait for auto-populated data and they are advised to proceed with preparation and filing of GSTR-1 for the months of November, 2020 (before the due date) and for October, 2020 (in case not yet filed, as on date).
- The auto-population of e-invoice details pertaining to the period December, 2020 into GSTR-1 (in incremental manner on T+2 day basis) will start in the first week of December.
- The details of e-invoices pertaining to periods of October and November, 2020, would be processed and made available in incremental manner from 13thDecember 2020 onwards. The processing and availability of complete data for the months of October and November, 2020 may take upto 2 weeks.
- The detailed advisory with methodology of auto-population etc. is already made available on the GSTR-1 dashboard (‘e-invoice advisory’) and also e-mailed to relevant taxpayers.
- It may also be noted that the auto-population of details from e-invoices into GSTR-1 is only a facility for the taxpayers. After viewing the auto-populated data, the taxpayer shall verify the propriety and accuracy of the amounts and other data in each field, especially from the perspective of GSTR-1 and file the same, in the light of relevant legal provisions.
- Once the auto-population into GSTR-1 gets started, the taxpayers are requested to verify the documents present in the excel and may share feedback on GST Self Service Portal, on below aspects:
- All documents reported to IRP are present in excel
- Status of each e-invoice/IRN is correct
- All the details of document are populated correctly
GST UPDATES from 01.11.2020 to 30.11.2020:
| Sl. No.
|
Notification(s) | Notification No. | Link(s) |
| 1.
|
Rajasthan decides to go for Option-1 to meet the GST implementation shortfall | Press Release ID: 1670379 | |
| 2. | Rs 1,05,155 crore of gross GST revenue collected in the month of October 2020 | Press Release ID: 1669239 | LINK |
| 3. | CGST officials bust racket for generating fraudulent input tax credit through fake billing of around Rs 1,278 crore | Press Release ID: 1668567 | LINK |
| 4. | Seeks to amend notification no. 41/2020-Central Tax dt. 05.05.2020 to extend due date of return under Section 44 till 31.12.2020. | 80/2020-Central Tax dated 28.10.2020 | |
|
5. |
Auto-populated Form GSTR 3B (PDF) for the taxpayers, from the month of October 2020 onwards | GSTN Update 410 | |
| 6 | Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021 | GSTN Update 413 | LINK |
| 7 | Auto-population of e-invoice details into GSTR-1 | GSTN Update 414 | LINK |
| 8 | Seeks to notify amendment carried out in sub-section (1), (2) and (7) of section 39 vide Finance (No.2) Act, 2019. | 81/2020-Central Tax dated 10.11.2020 | |
| 9 | Seeks to make the Thirteenth amendment (2020) to the CGST Rules.2017 | 82/2020-Central Tax dated 10.11.2020 | |
| 10 | Seeks to extend the due date for FORM GSTR-1 | 83/2020-Central Tax dated 10.11.2020 | |
| 11 | Seeks to notify class of persons under proviso to section 39(1). | 84/2020-Central Tax dated 10.11.2020 | |
| 12 | Seeks to notify special procedure for making payment of 35% as tax liability in first two month | 85/2020-Central Tax dated 10.11.2020 | |
| 13 | Seeks to rescind Notification 76/2020-Central tax dated 15.08.2020 | 86/2020-Central Tax dated 10.11.2020 | |
| 14 | Seeks to extend the due date for furnishing of FORM ITC-04 for the period July- September 2020 till 30th November, 2020 | 87/2020-Central Tax dated 10.11.2020 | |
| 15 | Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 100 Cr from 01st January 2021. | 88/2020-Central Tax dated 10.11.2020 | |
| 16 | provisions relating to Quarterly Return Monthly Payment Scheme | CBEC-20/01/08/2020 -GST | |
| 17 | the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 | No. 82/2020–Central Tax | LINK |
| 18 | Online filing of application (Form GST EWB 05) by the taxpayer for un-blocking of E-Way Bill (EWB) generation facility | GSTN Update 420 | `LINK |
| 19 | Update on auto-population of e-invoice details into GSTR-1 | GSTN Update 421 | `LINK |
| 20 | Seeks to waive penalty payable for noncompliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March, 2020. | 89/2020-Central Tax dated 29.11.2020 | LINK |
