After seeking to provide relief to businesses and tax advisors on the basis of complexities in compliance and disruptions caused by the Covid-19 pandemic, the government has filed an annual return for Goods and Services Tax (GST) for 2019-20. The Dates for GST return filing of previous financial year has been extended from December 31, 2020 to February 28, 2021, as the taxpayer faces Covid 19 pandemic challenges the taxpayer in meeting statutory and regulatory compliance.
The government of India also extended the deadline for filing personal income tax returns by 10 days. Central government has given new due dates for GST return filing annual (FY 2019 to 20) from December 31st 2020 to February 28 2021.
An Overview of the Due Dates for GST Return Filing Structure
- GST returns in GSTR-1 and GSTR-3B forms should be filed every month by individuals registered under Goods and services tax if their annual total turnover exceeds Rs 1.5 crore during the financial year.
- The annual turnover of taxpayers from the first January 2021 quarter was Rs. 5 crores, who can opt for the QRMP scheme, under which they can file both GSTR-1 and GSTR-3B once in a quarter to continue paying the monthly estimated tax.
- IFF (invoice furnishing facility) has also been provided for quarterly filers of GSTR-1 for uploading their B2B external supply documents. In between, auto-draft returns such as GSTR-2A and GSTR-2B will help taxpayers claim eligible input tax credits in their GSTR-3B.
- A person registered under the composition scheme will have to pay the tax once in a while giving the basic details to CMP-08. He has to file a new version of GSTR-4 every year by 30 April for the financial year 2019-20. By FY 2018-19, a taxpayer registered under the composition scheme had to file quarterly returns as GTSR-4 and an annual return as GSTR-9A.
Read our article:CBIC: Extension of deadline for GST Return Filing FY 2019-20
Due Dates for GST Return Filing has been Extended Till April 2021
|
Due Date |
Period |
Purpose |
Description |
|
Jan-Mar 2021
January 2021 February 2021 March 2021 |
13 April 2021 |
GSTR-1 Quarterly Filing |
Annual turnover up to Rs 1.5 crore may choose for quarterly filing |
|
11th February 2021 11th March 2021 11th April 2021 |
GSTR-1 Monthly Filing |
Annual turnover of more than Rs 1.5 crore should file monthly |
|
|
January 2021 February 2021 March 2021 |
20th February 20th March 20th April |
GSTR-3B |
Gross turnover in the last financial year is more than Rs.5 crores |
|
February 2021
March 2021
Jan-Mar 2021 |
For category X states/UT:-22nd February 2021 For category Y states/UT:-24th February 2021 |
GSTR-3B Not opting for the QRMP scheme |
Gross turnover up to Rs.5 crore in the previous financial year |
|
For category X states/UT:- 22nd March 2021 For category Y states/UT:-24th March 2021
· For category X states/UT: 22nd April 2021 · For category Y states/UT 24th April 2021 · For category X states/UT 22nd April 2021* · For category Y states/UT 24th April 2021* |
GSTR-3B Not opting for the QRMP scheme
GSTR-3B Not opting for the QRMP scheme
GSTR-3B Opting for the QRMP scheme |
Gross turnover exceeding Rs.5 crore in the last financial year
Gross turnover up to Rs.5 crore in the last financial year
Gross turnover up to Rs.5 crore in the last financial year (Pay tax on monthly basis till the 25th month as a result of the first two months of the quarter) |
|
|
Jan-Mar 2021 |
18th April 2021 |
CMP-08 |
|
|
October 2020 |
30th April 2021 |
GSTR-4 |
|
|
January 2021 February 2021 March 2021 |
20th February 2021 20th March 2021 20th April 2021 |
GSTR-5 |
Summary of external taxable supplies and tax payable by the non-resident taxable persons |
|
January 2021 February 2021 March 2021 |
20th February 2021 20th March 2021 20th April 2021 |
GSTR-5A |
Summary of External Taxable Supplies and Tax Payable by OIDAR |
|
January 2021 February 2021 March 2021 |
13th February 2021 13th March 2021 13th April 2021 |
GSTR-6 |
Details of ITC obtained and distributed by an ISD (Input Service Distributor) |
|
January 2021 February 2021 March 2021 |
10th February 2021 10th March 2021 10th April 2021 |
GSTR-7 |
Summary of TDS (Tax Deducted at Source) and deposited under GST laws |
|
January 2021 February 2021 March 2021 |
10th February 2021 10th March 2021 10th April 2021 |
GSTR-8 |
Summary of TCS (Tax Collected at Source) by e-commerce operators under GST laws |
|
Jan-Mar 2021 |
25th April 2021 |
ITC-04 |
To be filed by a manufacturer to report a summary of goods sent or received from a job worker |
States under Category X
Telangana, Chhattisgarh, Andhra Pradesh, Maharashtra, Karnataka, Madhya Pradesh, Goa, Kerala, Gujrat, Tamil Nadu, the Union Territories of Daman and Diu and Dadra and, Pondicherry, Nagar Haveli Andaman & Nicobar, Lakshadweep.
States under Category Y
Punjab, Haryana, Rajasthan, Uttar Pradesh, Bihar, Himachal Pradesh , Sikkim, West Bengal ,Arunachal Pradesh, Uttarakhand, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, Jharkhand, Odisha, the Union Territories of Ladakh, Jammu and Kashmir[1], Chandigarh and New Delhi.
Concluding Remark
We all aware of the consequences and the adverse affect of Novel virus Covid-19 on global economy. The virus has almost dented the economy of our country and for every nation, its economy must be strengthened which results in the happiness and prosperity among its citizens.
Indian Government has taken several initiatives to fix the economy of our country. The GST return filing has been also affected and delayed on next dates as the Indian taxpayers faced challenges in meeting the statutory and regulatory meetings due to the outbreak of such pandemic wide. You may please associate with the CorpBiz expert to know about the important dates for GST return filing.
Read our article:GST Return Filing Procedure – Types of GST Returns, Due Date and Penalty
