2021 Extension in Due Dates of Various GST Compliance

Because of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under GST law due to the outbreak of the second wave of COVID-19, The Central Board of Indirect Taxes and Customs (CBIC), vide various notification published on 1st June 2021, notified multiple reliefs under GST laws. The Government has announced various reliefs for taxpayers in the form of extension of the due date of Various GST Compliances. The current article briefs the COVID-19 Relief under GST Law.

Synopsis of Notifications

The various relief announcements under the GST Law on account of the second wave of COVID-19 outbreak are as follows:

The Government has extended the due dates of filing details of outward supplies under FORM GSTR-1 and IFF for May by 15 days.
The due date of filing of Annual Return by composition dealers under FORM GSTR-4 for FY 2020-21 has been extended from 30th April 2021 to 31st July 2021.
The due date of filing of a declaration of movement of goods to or from job worker under FORM ITC-04 for Jan-March, 2021 quarter has been extended from 25th April 2021 to 30^th June 2021.
The due dates for GSTR-5, GSTR-6, GSTR-7 & GSTR-8, and other GST compliances are also extended to 30^th June 2021.

Extension of Due Dates for filing GST return in Form GSTR-1

Vide notification no. 12/2021 – Central Tax dated 1^st May, the due date for filing GST returns in Form GSTR-1 for the tax period of April 2021 has been notified. The same is tabulated hereunder

Sl.No	Return Type	To be filed by	Tax period	Due Date	Due Date Extended till
1	Form GSTR-1 (Monthly)	Normal Taxpayer filing Monthly returns	May 2021	11.06.2021	26.06.2021
2	Form IFF	Normal Taxpayers under QRMP Scheme	May 2021	13.06.2021	28.06.2021

Extension of due dates for Filing of Returns by Composition, NRTP, ISD, TDS & TCS Taxpayers

The Government has also extended the due date of furnishing of Returns by Composition, NRTP, ISD, and TDS & TCS Taxpayers to 30^th June 2021.

Sl.No.	Return Type	To be filed by	Tax period	Due Date	Due Date Extended till
1	GSTR-4	Composition Taxpayers (Annual Return)	FY 2020-21	30th April 2021	31st July 2021
2	GSTR-5	Non-Resident Taxpayers (NRTP)	March/ April,May 2021	20th April/ May/June 2021	30^th June 2021
3	GSTR-6	Input Service Distributors (ISD)	April/May 2021	13th May/June 2021	30^th June 2021
4	GSTR-7	Tax Deductor at Source (TDS deductor)		10th May/June 2021	30^th June 2021
5	GSTR-8	Tax Collectors at Source (TCS collectors)		10th May/June 2021	30^th June 2021

Due Date Extension for Filing of Form ITC-04

The due date for filing of Form GST ITC-04 for the Jan-March, 2021 quarter has been extended from 25th April 2021 to 30^th June 2021. The Form ITC-04 is to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker.

CBIC Rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1

CBIC rationalizes late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1 from the tax period June 2021 onwards vides Notification No. 20/2021 – Central Tax- Dated 1st June 2021 to give effect to Recommendations of 43rd GST Council Meeting. If a taxpayer fails to furnish the details of outward supplies in FORM GSTR-1 by the due date, the total amount of late fee payable under section 47 of the GST Act for the tax period June 2021 onwards or quarter ending June 2021 onward shall stand waived:

S. No.	Class of registered persons	Amount
1	Registered persons who have nil outward supplies in the tax period	Two hundred and fifty rupees
2	Registered persons having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year, other than those covered under S. No. 1	One thousand rupees
3	Registered persons having an aggregate turnover of more than rupees 1.5 crores and up to rupees 5 crores in the preceding financial year, other than those covered under S. No. 1	Two thousand and five hundred rupees

CBIC rationalize late fee for delay in furnishing of FORM GSTR-4

To give effect to Recommendations of 43rd GST Council Meeting, CBIC Rationalises late fees leviable under Section 47 for the delay in furnishing of return in FORM GSTR-4 for the tax period 2021-2022 onwards.

The total amount of late fee payable under section 47 of the GST Act for the financial year 2021-2022 onwards, by the registered persons who fail to furnish the return in FORM GSTR-4by the due date, will be waived for an amount that is more than Rs.250 where the total amount of central tax payable in the GSTR-4 is nil
The total amount of late fee payable under section 47 of the GST Act for the financial year 2021-2022 onwards, by the registered persons who fail to furnish the return in FORM GSTR-4by the due date, will be waived for an amount that is more than Rs.1000 for the registered persons other than those covered under clause (i).

CBIC rationalize late fee for delay in furnishing of FORM GSTR-7

CBIC has waived the late fee for delay in furnishing of return in FORM GSTR-7 for June 2021 onwards for an amount that is more than one thousand rupees. CBIC waives the amount of late fee payable under section 47 of the GST Act by any registered person, required to deduct tax at source under the provisions of section 51 of the GST Act, for failure to furnish the return in FORM GSTR-7 for June 2021 onwards, by the due date, which is more than a number of twenty-five rupees for every day during which such failure continues.

Update on QRMP scheme under GST

At the 43rd GST Council meeting, the following was announced:

The time limit to furnish B2B supplies on the IFF (optional facility for the taxpayers opting into the QRMP scheme), for May 2021 has been extended from 13th June to 28th June 2021.
For April 2021, No interest is charged for delayed submission up to 9th June, whereas 9% of reduced interest is charged between 10th June and 9th July, and 18% of interest is charged thereafter.
For May 2021, No interest is charged for delayed submission up to 10th July, whereas 9% of reduced interest is charged between 11th and 25th July, and 18% of interest is charged thereafter.

Other reliefs provided under GST

The Time limit for completion of various actions such as completion of any proceedings, filing of appeal/reply/application, etc. by any authority or by any person, under the GST Law, which falls during the period from 15th April 2021 to 29th June 2021, has been extended up to 30^th June 2021. Click here to know more about the Extension in Due Dates of Various GST Compliances