Relaxation for GST: Notification No 08/2021 -Central Tax


*Extension in filing of GSTR 3B and relaxation in delay payment for period of March & April 20*


✔️ Taxpayers having *an aggregate turnover of more than rupees 5 crores in the preceding financial year* (for the month of March & April 2021)

  Interest rate to be levied - 9 per cent for the first 15 days from the due date and 18 per cent thereafter vide *N.N 08/2021- C.T. dt. 01/05/2021*

Late fee not applicable for first 15 days for non-filing of GSTR 3B   *N.N 09/2021- C.T. dt. 01/05/2021*


✔️Taxpayers having *an aggregate turnover less than rupees 5 crores in the preceding financial year* (for the month of March & April 2021 & quarter ending March '21)

   Nil for the first 15 days from the due date, 9 per cent for the next 15 days, and 18 per cent thereafter vide *N.N 08/2021- C.T. dt. 01/05/2021*

Late fee not applicable for first 30 days from the due date of furnishing return, for non-filing of GSTR 3B   *N.N 09/2021- C.T. dt. 01/05/2021*


✔️ Due date for *GSTR 4* for FY ending March'21 extended to 31st May,2021- *N.N 10/2021 dt. 01st may,2021*


✔️ Due date for *ITC 04 for quarter ending March'21* extended to 31st May,2021- *N.N 11/2021- C.T. dt. 01st may,2021*


✔️ Due date for furnishing *GSTR -1 for month of April,2021* extended to 26th May,2021- *N.N 12/2021- C.T. dt. 01st May,2021*


✔️ *Section 36(4) to be seen cumulatively for March'21 to May'21* in the return for the month of May 2021.

*Due date for furnishing IFF* for the month of April extended to 28th May,2021 *N.N 13/2021- C.T. dt. 01st May,2021*


✔️ Timeline for all other proceedings,order,etc whose last date of completion falls between *15th of April and 30th of May ,2021 extended to 31st of May,2021 vide N.N 14/2021 dt. 1st May,2021*

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