{"id":6404,"date":"2020-06-26T01:37:30","date_gmt":"2020-06-25T20:07:30","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=6404"},"modified":"2024-03-16T17:06:15","modified_gmt":"2024-03-16T11:36:15","slug":"gst-notifications-on-extension-of-gst-compliances","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/","title":{"rendered":"GST newest Notifications: CBIC GST Extension Notifications"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69db912cd15d5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69db912cd15d5\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#New_Update_on_1_May_2021\" title=\"New Update on 1\u00a0May 2021\">New Update on 1\u00a0May 2021<\/a><ul class='ez-toc-list-level-2'><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#Summarized_View_of_GST_Notifications_Issued_For_Extension_of_GST_Compliances_on_1_May_2021\" title=\"Summarized View of GST Notifications Issued For Extension of GST Compliances on 1 May 2021\">Summarized View of GST Notifications Issued For Extension of GST Compliances on 1 May 2021<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#Know_about_Continuous_supply_of_goods_under_GST\" title=\"Know about Continuous supply of goods under GST\">Know about Continuous supply of goods under GST<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#Relaxation_in_filing_of_Form_GSTR-3B_Quarterly_by_Taxpayers_under_QRMP_Scheme\" title=\"Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme\">Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#Relaxations_in_filing_Form_CMP-08_for_Composition_Taxpayers\" title=\"Relaxations in filing Form CMP-08 for Composition Taxpayers:\">Relaxations in filing Form CMP-08 for Composition Taxpayers:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#GST_Notifications_GST_extensions_dated_24_June_2020\" title=\"GST Notifications: GST extensions dated 24 June 2020\">GST Notifications: GST extensions dated 24 June 2020<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/gst-notifications-on-extension-of-gst-compliances\/#CLASS_CATEGORIES_OF_EXEMPTIONS_UNDER_GOODS_AND_SERVICES_TAX\" title=\"CLASS &amp; CATEGORIES OF EXEMPTIONS UNDER GOODS AND SERVICES TAX\">CLASS &amp; CATEGORIES OF EXEMPTIONS UNDER GOODS AND SERVICES TAX<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-12679\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021.jpg\" alt=\"https:\/\/carajput.com\/press-releases\/summarized-view-of-gst-notifications-issued-for-extension-of-gst.pdf\" width=\"970\" height=\"698\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021.jpg 817w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021-300x216.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021-768x553.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/Summarized-View-of-GST-Notifications-Issued-For-Extension-of-GST-Compliances-on-1-May-2021-800x576.jpg 800w\" sizes=\"(max-width: 970px) 100vw, 970px\" \/><\/a><\/p>\n<h1><span class=\"ez-toc-section\" id=\"New_Update_on_1_May_2021\"><\/span><span style=\"color: #ff0000;\"><strong>New Update on 1\u00a0May 2021<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2><span class=\"ez-toc-section\" id=\"Summarized_View_of_GST_Notifications_Issued_For_Extension_of_GST_Compliances_on_1_May_2021\"><\/span><strong><a href=\"https:\/\/carajput.com\/press-releases\/summarized-view-of-gst-notifications-issued-for-extension-of-gst.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/press-releases\/summarized-view-of-gst-notifications-issued-for-extension-of-gst.pdf\">Summarized View of GST Notifications Issued For Extension of GST Compliances on 1 May 2021<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><em>Waiver of late fee &amp; interest for composition taxpayers and normal taxpayers (filing return on monthly or quarterly basis) (Part1)<\/em><\/strong><\/p>\n<p>Normal (Monthly \/ Quarterly) and composition taxpayers have been exempted from paying interest and\/or late fees for the tax periods of March, April, and May, 2021, by Government has granted via Notification Nos. 18\/2021 and 19\/2021, both dated 1st June, 2021. The details are concluded as follows:<\/p>\n<p><strong><u>Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B<\/u><\/strong><\/p>\n<table style=\"height: 425px;\" width=\"868\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Class of taxpayer<br \/>\n(Based on AATO)<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 45 days<\/strong><\/td>\n<td><strong>From 61<\/strong><strong><sup>st<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\">1<\/td>\n<td rowspan=\"2\">March, 2021<\/td>\n<td>&gt; Rs. 5 Cr.<\/td>\n<td>20<sup>th<\/sup>\u00a0April<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>18%<\/td>\n<td>5<sup>th<\/sup>\u00a0May, 2021<\/td>\n<\/tr>\n<tr>\n<td>Up to Rs. 5 Cr<\/td>\n<td>20<sup>th<\/sup>\u00a0April<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>19<sup>th<\/sup>\u00a0June, 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"height: 377px;\" width=\"869\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Class of taxpayer<br \/>\n(Based on AATO)<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 30 days<\/strong><\/td>\n<td><strong>From 46<\/strong><strong><sup>th<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\">1<\/td>\n<td rowspan=\"2\">April, 2021<\/td>\n<td>&gt; Rs. 5 Cr.<\/td>\n<td>20<sup>th<\/sup>\u00a0May<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>18%<\/td>\n<td>4<sup>th<\/sup>\u00a0June, 2021<\/td>\n<\/tr>\n<tr>\n<td>Up to Rs. 5 Cr<\/td>\n<td>20<sup>th<\/sup>\u00a0May<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>4<sup>th<\/sup>\u00a0July, 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"height: 355px;\" width=\"863\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Class of taxpayer<br \/>\n(Based on AATO)<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 15 days<\/strong><\/td>\n<td><strong>From 31<\/strong><strong><sup>st<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\">1<\/td>\n<td rowspan=\"2\">May, 2021<\/td>\n<td>&gt; Rs. 5 Cr.<\/td>\n<td>20<sup>th<\/sup>\u00a0June<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>18%<\/td>\n<td>5<sup>th<\/sup>\u00a0July, 2021<\/td>\n<\/tr>\n<tr>\n<td>Up to Rs. 5 Cr<\/td>\n<td>20<sup>th<\/sup>\u00a0June<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>20<sup>th<\/sup>\u00a0July, 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><em><br \/>\n<\/em><\/strong><strong><em>Waiver of late fee &amp; interest for composition taxpayers and normal taxpayers (filing return on monthly or quarterly basis)<\/em><\/strong><strong><em> (Part2)<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Know_about_Continuous_supply_of_goods_under_GST\"><\/span><strong><a href=\"https:\/\/carajput.com\/learn\/everything-you-need-to-know-about-continuous-supply-of-goods-under-gst.html\">Know about Continuous supply of goods under GST<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>the government waived interest and\/or late fees for normal (monthly \/ quarterly) and composition taxpayers for the tax periods of March, April, and May, 2021. via Notification Nos. 18\/2021 and 19\/2021, both dtd. 1st June, 2021,<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Relaxation_in_filing_of_Form_GSTR-3B_Quarterly_by_Taxpayers_under_QRMP_Scheme\"><\/span><span style=\"color: #000080;\"><strong><u>Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 417px;\" width=\"859\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Form Type<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 45 days<\/strong><\/td>\n<td><strong>From 61<\/strong><strong><sup>st<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>March, 2021<\/td>\n<td>Form GSTR-3B (Quarterly)<\/td>\n<td>22\/24<sup>th<\/sup>\u00a0April, 2021,(Group A\/B)<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>21\/ 23<sup>rd<\/sup>\u00a0June, 2021,(Group A\/B)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"height: 342px;\" width=\"871\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Form Type<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 30 days<\/strong><\/td>\n<td><strong>From 46<\/strong><strong><sup>th<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>April, 2021<\/td>\n<td>Form GST PMT-06<\/td>\n<td>25<sup>th<\/sup>\u00a0May, 2021<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>NA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"height: 356px;\" width=\"871\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Form Type<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 15 days<\/strong><\/td>\n<td><strong>From 31<\/strong><strong><sup>st<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>May, 2021<\/td>\n<td>Form GST PMT-06<\/td>\n<td>25<sup>th<\/sup>\u00a0June, 2021<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>NA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Relaxations_in_filing_Form_CMP-08_for_Composition_Taxpayers\"><\/span><span style=\"color: #000080;\"><strong><u>Relaxations in filing Form CMP-08 for Composition Taxpayers:<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"height: 308px;\" width=\"866\">\n<tbody>\n<tr>\n<td rowspan=\"2\"><strong>Sl.No.<\/strong><\/td>\n<td rowspan=\"2\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>First 15 days from due date<\/strong><\/td>\n<td><strong>Next 45 days<\/strong><\/td>\n<td><strong>From 61<\/strong><strong><sup>st<\/sup><\/strong><strong>\u00a0day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>March, 2021 (Qtr.)<\/td>\n<td>18<sup>th<\/sup>\u00a0April, 2021<\/td>\n<td>Nil<\/td>\n<td>9%<\/td>\n<td>18%<\/td>\n<td>NA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"GST_Notifications_GST_extensions_dated_24_June_2020\"><\/span><span style=\"color: #ff0000;\">GST Notifications: GST extensions dated 24 June 2020<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>GST latest Notifications: Analysis of CBIC Notifications on GST extensions dated 24 June 2020<\/strong><\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6406\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/5.jpg\" alt=\"www.carajput.com;GST 40th Council meeting\" width=\"960\" height=\"720\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/5.jpg 960w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/5-300x225.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/5-768x576.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>Today, CBIC issued various notifications to implement the recommendations of the <strong>40th GST Council meeting<\/strong> as follows: CBIC Notifications signed on 24.06.2020 regarding interest waiver and late fees. On 24 June 2020, the CBIC released multiple notifications of <a href=\"https:\/\/www.caindelhiindia.com\/blog\/application-of-gst-on-contribution-by-rwa-members\/\">GST<\/a>. The synopsis of those updates is here.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Notice No. 49\/2020 \u2013 Central Tax: <\/strong>Implementing some aspects of the Finance Act, 2020<\/p>\n<p><strong>Notification No. 50\/2020 \u2013 Central Tax:<\/strong> Notification of GST rates for individuals taxable in composition under Rule 7 of the <a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">CGST Rules<\/a><\/p>\n<p><strong>GSTR-3B-Interest rate waiver: Notification No.51\/2020-Central Tax 24.06.2020:<\/strong>\u00a0To put certain provisions of the Finance Act into force, 2020.<\/p>\n<p><strong>Notification No. 52\/2020 \u2013 Central Tax:<\/strong> GST waiver for taxpayers who&#8217;ve not filed<a href=\"https:\/\/carajput.com\/gst\/gst-return.php\"> GSTR-3B<\/a> for tax dates between July 2017 and January 2020 shall be informed as stated earlier at the 40th meeting of the GST Council. In CGST Notification No. 52\/2020 dated 24 June 2020, the CBIC notified that between 1 July 2020 and 30 September 2020, Zero GSTR-3B could be filed without a late fee for the above duration. Furthermore, it shall be limited to a maximum of Rs 250 per return per month per act for the remaining taxpayers.<\/p>\n<p>A late fee exemption also moved the last <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-1<\/a> deadlines from March to June 2020 as of June 30th, 2020. The latest timelines for monthly filing without even a late fee charge will be from March to June 2020, 10th, 24th, 28th July 2020, and 5th August 2020 respectively. The last date for the GSTR-1 quarterly is 17th July and 3rd August 2020 for the quarters January-March 2020 and April-June 2020.<\/p>\n<p><span style=\"color: #0000ff;\"><strong>More updates :<a style=\"color: #0000ff;\" href=\"https:\/\/carajput.com\/blog\/itc-on-sales-of-demo-cars-supply-gst-implication\/\">ITC on sale of DEMO cars Supply under GST<\/a><\/strong><\/span><\/p>\n<p>Big taxpayers have not been informed of further extensions for filing GSTR-3B from February to May 2020, with an annual turnover of more than Rs 5 Crore in the previous financial year. Furthermore, no interest should have been paid from the respective due dates of February to April 2020, i.e. 20th of the following month, for the first 15 days respectively. After that, interest at a 9 percent p.a. reduced rate. Any further delay in GST payments would have been imposed till 24 June 2020.<\/p>\n<figure id=\"attachment_6408\" aria-describedby=\"caption-attachment-6408\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/6.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6408\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/6.jpg\" alt=\"www.carajput.com;GST 40th Council meeting\" width=\"960\" height=\"720\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/6.jpg 960w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/6-300x225.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/6-768x576.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-6408\" class=\"wp-caption-text\">www.carajput.com; GST 40th Council meeting<\/figcaption><\/figure>\n<p>Initially, taxpayers with an aggregate annual turnover of up to Rs 5 crore in the last financial year have their due date staggered as 22nd # or 24th # of their next month, depending on the state \/ UT from which they run their main place of business. For the exception of May 2020, its due date staggered as July 12th # or 14th # # 2020. Furthermore, in the exception, August 2020 also comes with yesterday&#8217;s due date extended to 1st # or 3rd # # October 2020.<\/p>\n<p>The CBIC has abolished the taxpayer bifurcation based on the annual sales up to Rs 1.5 crore or between Rs 1.5 crore and Rs 5 crore. Correctly, as per yesterday&#8217;s 40th meeting of the GST Council, the late fee and the interest waiver will continue until September 2020<\/p>\n<p><strong><a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-1<\/a>-Late Fees \/ Penalty Waiver: Notification No.53\/2020-Central Tax 24.06.2020<\/strong>: Conditional waiver of late fees for all GSTR 1 registered persons for months\/quarters ending March to June 2020, if submitted by the time set.<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/9.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6409\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/9.jpg\" alt=\"www.carajput.com;GST 40th Council meeting\" width=\"960\" height=\"720\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/9.jpg 960w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/9-300x225.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/9-768x576.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p><strong><a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-3B<\/a>-Extension of the deadline for Aug 2020: <\/strong>Notification No.54\/2020-Central Tax 24.06.2020: extension of the deadline for submission of GSTR 3B to 1\/3 October 2020<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/7.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6407\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/7.jpg\" alt=\"www.carajput.com;GST Relief to small business\" width=\"960\" height=\"668\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/7.jpg 960w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/7-300x209.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/06\/7-768x534.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"CLASS_CATEGORIES_OF_EXEMPTIONS_UNDER_GOODS_AND_SERVICES_TAX\"><\/span><span style=\"color: #000080;\"><strong>CLASS &amp; CATEGORIES OF EXEMPTIONS UNDER GOODS AND SERVICES TAX<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Education Sector<\/li>\n<li>Banking &amp; Financial Sector<\/li>\n<li>Construction Industry<\/li>\n<li>Agriculture Sector<\/li>\n<li>Government Services<\/li>\n<li>Healthcare Services<\/li>\n<li>Goods Transportation<\/li>\n<li>Passenger Transportation<\/li>\n<li>Artist Services<\/li>\n<li>Admission to various events<\/li>\n<li>In-depth Interlinking of Import of Services<\/li>\n<li>Charitable Entity<\/li>\n<li>Religious Institution<\/li>\n<li>Legal Services<\/li>\n<li>Life Insurance<\/li>\n<li>General Insurance<\/li>\n<li>Leasing Services<\/li>\n<li>Services by Unincorporated Body \/ non-profit organization \/ resident welfare association<\/li>\n<li>IGST Exemptions<\/li>\n<li>Miscellaneous Exemptions as per GST law<\/li>\n<\/ul>\n<p><strong>Popular blog:-<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/carajput.com\/publications\/all-the-important-due-date-of-taxation-compliance-under-the-july-and-aug-2020.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/publications\/all-the-important-due-date-of-taxation-compliance-under-the-july-and-aug-2020.pdf\">Summary of Important Due date of July and Aug 2020<\/a><\/li>\n<li><strong><span style=\"color: blue;\"><a href=\"https:\/\/carajput.com\/blog\/key-points-of-42th-gst-council-meeting-headed-by-fm-n-sitharaman\/\">More read Key points of 42nd GST council Meeting headed By FM N. Sitharaman<\/a><\/span><\/strong><\/li>\n<li><strong><span style=\"color: navy;\"><a href=\"https:\/\/carajput.com\/publications\/gst-complainces-calender-nov-2020.pdf\">More read: GST Return compliances calendar- Nov 2020<\/a><\/span><\/strong><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/e-invoice-mechanism-under-the-gst\/\">E-Invoice Mechanism under the GST<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/blocking-the-e-way-bill-creation-system-if-fails-to-file-gstr-3b-gstn\/\">Blocking\/Unblocking the E-Way Bill creation system if fails to file GSTR-3B: GSTN<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/reasons-for-the-movement-of-goods-under-the-gst\/\">Reasons for the Movement of Goods under the GST<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>New Update on 1\u00a0May 2021 Summarized View of GST Notifications Issued For Extension of GST Compliances on 1 May 2021 Waiver of late fee &amp; interest for composition taxpayers and normal taxpayers (filing return on monthly or quarterly basis) (Part1) Normal (Monthly \/ Quarterly) and composition taxpayers have been exempted from paying interest and\/or late &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,9108],"tags":[9932],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6404"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=6404"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6404\/revisions"}],"predecessor-version":[{"id":26300,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6404\/revisions\/26300"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=6404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=6404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=6404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}