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Relief-in-respect-of-Interest-payment-for-filing-Form-GSTR-3B

 

Relief in respect of Interest payment for filing Form GSTR 3B

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Introduction-
Due to COVID-19 pandemic, the government has provided some relief to the taxpayers in respect of Interest payment for filing Form GSTR 3B. These are notified vide Notifications 51/2020 dated 24.06.2020-
   
Relief in Payment of Interest to Normal Taxpayers filing Form GSTR-3B: -

1. Taxpayers having Aggregate Turnover more than Rs. 5 Crore. in preceding Financial Year-

S. No.

Tax Period

Due Date

No Interest payable

Period of Interest charged @ 9%

Period of Interest charged @ 18%

1.

February, 2020

20th March, 2020

Till 4th April, 2020

From 5th April to 24th June, 2020

From 25th June, 2020

2.

March, 2020

20th April, 2020

Till 5th May, 2020

From 6th May to 24th June, 2020

From 25th June, 2020

3.

April, 2020

20th May, 2020

Till 4th June, 2020

From 5th June to 24th June, 2020

From 25th June, 2020

4.

May, 2020

*27th June, 2020

Till 27th June, 2020

----

From 28th June, 2020

5.

June, 2020

20th July, 2020

Till 20th July, 2020

----

From 21st July, 2020

6.

July, 2020

20th August, 2020

Till 20th August, 2020

----

From 21st August, 2020

7.

August, 2020

20th September, 2020

Till 20th September, 2020

----

From 21st September, 2020

   
2. Taxpayers having Aggregate Turnover up to Rs. 5 Crore in preceding Financial year (Group A**)-

S. No.

Tax Period

Due Date

No Interest payable

Period of Interest charged @ 9%

Period of Interest charged @ 18%

1.

February, 2020

22nd March, 2020

Till 30th June, 2020

From 1st July to 30th September, 2020

From 1st October, 2020

2.

March, 2020

22nd April, 2020

Till 3rd July, 2020

From 4th July to 30th September, 2020

From 1st October, 2020

3.

April, 2020

22nd May, 2020

Till 6th July, 2020

From 7th July to 30th September, 2020

From 1st October, 2020

4.

May, 2020

*12th July, 2020

Till 12th September, 2020

From 13th September to 30th September, 2020

From 1st October, 2020

5.

June, 2020

22nd July, 2020

Till 23rd September, 2020

From 24th September to 30th September, 2020

From 1st October, 2020

6.

July, 2020

22nd August, 2020

Till 27th September, 2020

From 28th September to 30th September, 2020

From 1st October, 2020

7.

August, 2020

22nd September, 2020

Till 1st October, 2020

---

From 1st October, 2020

   
3. Taxpayers having Aggregate Turnover up to Rs. 5 Crore in preceding Financial year (Group B***)-

S. No.

Tax Period

Due Date

No Interest payable

Period of Interest charged @ 9%

Period of Interest charged @ 18%

1.

February, 2020

24th March, 2020

Till 30th June, 2020

From 1st July to 30th September, 2020

From 1st October, 2020

2.

March, 2020

24th April, 2020

Till 5th July, 2020

From 6th July to 30th September, 2020

From 1st October, 2020

3.

April, 2020

24th May, 2020

Till 9th July, 2020

From 10th July to 30th September, 2020

From 1st October, 2020

4.

May, 2020

*14th July, 2020

Till 15th September, 2020

From 16th September to 30th September, 2020

From 1st October, 2020

5.

June, 2020

24th July, 2020

Till 25th September, 2020

From 26th September to 30th September, 2020

From 1st October, 2020

6.

July, 2020

24th August, 2020

Till 29th September, 2020

From 30th September to 30th September, 2020

From 1st October, 2020

 

7.

August, 2020

24th September, 2020

Till 3rd October, 2020

---

From 3rd October, 2020


* Extended Due Date

** Group A- 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

*** Group B- 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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