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Relief in opting for Composition by Taxpayers & filing other Returns

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Relief in opting for Composition by Taxpayers & filing other Returns

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in Notifications 30, 34 & 35/2020 dated 03.04.2020 & 47/2020 dated 09.06.2020.


1.Option in for Composition in 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 from any of the GSTIN on the associated PAN.

Form Tax period (FY) Extended Date
GST CMP-02
2020-21
30.06.2020
GST ITC-03
2019-20 (As on 31-3-2020)
31.07.2020

2.Compliances for Composition taxpayers:

Form Tax period Extended Date
GST CMP-08
Jan to March 2020
07.07.2020
GSTR-4
FY 2019-20
15.07.2020

 

3.NRTP, ISD, TDS & TCS taxpayers:

 

Sl. No. Return Type,Form To be filed by Tax Period Due Date Extended Date
1
GSTR-5
Non Resident Taxpayers
March, April & May, 2020
20th of succeeding month
30th June, 2020
2
GSTR-6
Input Service Distributors
-do-
13th of succeeding month
30th June, 2020
3
GSTR-7
Tax Deductors at Source (TDS deductors)
-do-
10th of succeeding month
30th June, 2020
4
GSTR-8
Tax Collectors at Source (TCS collectors)
-do-
10th of succeeding month
30th June, 2020

 

4.Extension of validity period of EWB:

The validity of E-way bills (EWBs), generated on or before 24th March, 2020, and whose validity expiry date lies on or after 20th March, 2020, is deemed to have been extended till 30th June, 2020.




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