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DUE DATES OF GSTR 3B AND GSTR 1 UPTO JULY 2020


There has been lot of confusion regarding due dates of GST returns and many people are in misconception that the due dates have been extended till september 2020.
Well not all types of returns have been provided with extension and I will try to clear all that doubts in this article with providing proper interest rates.



GSTR 3B

 Due Dates for  Taxpayer having Turnover more than 5cr
Month
Due date
Late fees
Interest
Feb 2020
20.03.20  


Upto 24.06.2020 – Nil

From 24.06.2020 to 30.09.2020 – Max 500
Upto 15 days from Due date – Nil

After 15 days of Due date to 24.06.2020 – 9%

From 25.06.2020 – 18%
Mar 2020
20.04.20
Apr 2020
20.05.20
May 2020
27.06.20

Upto 30.09.2020 – Max 500
No waiver for Interest
(as usual 18% from Due Date)
Jun 2020
20.07.20
Jul 2020
20.08.20


Due Dates for  Taxpayer having Turnover less than 5cr
Month
Due date*
Late fees
Interest
Feb 2020
30.06.20  



  Nil upto Due Date*

Upto Due date* – Nil

From Due date to 30.09.2020 – 9%

After 30.09.2020 – 18%
Mar 2020
03.07.20
Apr 2020
06.07.20
May 2020
12.09.20
Jun 2020
23.09.20
Jul 2020
27.09.20








Note: 1) Zero late fees for Nil Returns upto 30.09.2020
          2) Reference notification Central Tax 57/2020

 GSTR 1

 For all Taxpayers
Tax Period
Due Date
Mar-20
10.07.20
Apr-20
24.07.20
May-20
28.07.20
Jun-20
05.08.20




Disclaimer: These rates are only for Taxpayers filing returns on monthly basis.

 Government have provided opportunity to taxpayers to file all pending returns starting form July 2017 to July 2020 with Late fee of maximum Rs.500 up to 30.09.2020. If you have Nil returns then your late fees will be zero. If you did not file your GST Returns till 30.09.2020, then you might have to pay late fees as usual from the actual due date of respective month.

 There has been lot of questions asked regarding refund of Late fees which have been already paid by the tax payers who have filed returns before waiving of late fees. Earlier in Dec 2019, there was a notification regarding waiving of late fees for filing returns till Mar 2019. But no refund has been issued till date for late fees who have already paid before Dec 2019. So with this assumptions we could conclude that there will be no refunds of these late fees in my opinion.  







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