Relaxations recommended in GST Council Meeting dated 12.06.2020 for filing of GSTR Returns:
a. Relaxation for July, 2017 to Jan., 2020 GSTR-3B Return
|Form GSTR-3B||July, 2017 to Jan., 2020||NIL
if no tax liability
|Maximum Rs. 500 per return in case of liability||Form GSTR-3B furnished between 1.07.2020 to 30.09.2020.|
b. As per the earlier Notification No. 31/2020, the following specified dates were notified to file GSTR 3B for small taxpayers. Now relaxation has been provided to small taxpayers by reducing the rate of interest to 9% from 18% for filing GSTR-3B for the period Feb., 2020 to April, 2020 beyond specified dates, if filing is done till 30.09.2020.
|Sr. No.||Taxpayer on the basis of||Rate of interest||Tax Period||Specified dates for filing of GSTR-3B (Condition )|
|1||Turnover 1.5 Cr.-5C.||NIL||Feb., 2020, March, 2020||On or before 29th day of June, 2020|
|April, 2020||On or before 30th day of June, 2020|
|2||Turnover < 1.5Cr||NIL||Feb, 2020||On or before 30th day of June, 2020|
|March, 2020||On or before 3rd day of July, 2020|
|April, 2020||On or before 6th day of July, 2020|
c. Relaxation for taxpayers having aggregate turnover up to Rs. 5 Crore by waiver of late fee and Interest if the GSTR-3B for the period May, 2020 to July, 2020 are furnished by Sep., 2020 (dates to be notified).
d. One time Extension in period for seeking revocation of cancellation of registration – To facilitate tax payers who could not file their cancelled GST Registration resorted in time , an opportunity is being provided for filing of application of revocation of cancellation registration up to 30.09.2020 in all cases where registration have been cancelled till 12.06.2020.