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October 16, 2020

CBIC notifies due dates for GSTR 1 and GSTR 3B from October 2020 till March 2021

by CA Shivam Jaiswal in GST

CBIC notifies due dates for GSTR 1 and GSTR 3B from October 2020 till March 2021

The Central Board of Indirect Taxes and Customs (CBIC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs, Central Excise duties, Central Goods & Services Tax and IGST, prevention of smuggling and administration of matters relating to Customs, Central Excise, Central Goods & Services Tax, IGST and Narcotics to the extent under CBIC’s purview.

On 15th October, CBIC came up with the various notifications for prescribing the due dates for filing GSTR 1 & GSTR 3B, providing exemptions to certain category of persons from filing GSTR 9, GSTR-9A & GSTR-9C, mandating a registered person for mentioning of HSN Code in the Tax invoice, etc.

Let us learn about the provisions in these notifications in detail here.

Notification No. 74/2020 – Central Tax dated 15th October, 2020

CBIC notified that the registered persons having aggregate turnover of up to Rs 1.5 crore in the preceding financial year or the current financial year, can file their GSTR 1 as per the due date mentioned below:

Quarter for which details in GSTR-1 are furnishedTime period for furnishing details in GSTR-1
October, 2020 to December, 202013th January, 2021
January, 2021 to March, 202113th April, 2021

Notification No. 75/2020 – Central Tax dated 15th October, 2020

CBIC extended the time-limit for furnishing the details of outward supplies in GSTR-1 by registered persons having aggregate turnover of more than Rs 1.5 crore in the preceding financial year or the current financial year as follows:

Month for which details in GSTR-1 are furnishedTime period for furnishing details in GSTR-1
October 202011th November 2020
November 202011th December 2020
December 202011th January 2021
January 202111th February 2021
February 202111th March 2021
March 202111th April 2021

Notification No. 76/2020 – Central Tax dated 15th October, 2020

This notification prescribed the due dates of filing GSTR 3B as follows:

1. Taxpayers having an aggregate turnover of more than Rs 5 crores in the previous financial year

Month for which details in GSTR-3B are furnishedTime period for furnishing details in GSTR-3B
October 202020th November 2020
November 202020th December 2020
December 202020th January 2021
January 202120th February 2021
February 202120th March 2021
March 202120th April 2021

2. Taxpayers having an aggregate turnover of up to Rs 5 crore in the previous financial year, whose principal place of business is in Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep

Month for which details in GSTR-3B are furnishedTime period for furnishing details in GSTR-3B
October 202022th November 2020
November 202022th December 2020
December 202022th January 2021
January 202122th February 2021
February 202122th March 2021
March 202122th April 2021

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3. Taxpayers having an aggregate turnover of up to Rs 5 crore in the previous financial year, whose principal place of business is in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi

Month for which details in GSTR-3B are furnishedTime period for furnishing details in GSTR-3B
October 202024th November 2020
November 202024th December 2020
December 202024th January 2021
January 202124th February 2021
February 202124th March 2021
March 202124th April 2021

Notification No. 77/2020 – Central Tax dated 15th October, 2020

Registered persons having aggregate turnover less than Rs 2 Crores are not required to file GSTR 9, GSTR 9A & GSTR 9C

Notification No. 78/2020 – Central Tax dated 15th October, 2020 and Notification No. 06/2020–Integrated Tax dated 15th October, 2020

A registered person has to mandatorily mention the HSN Digits of the HSN Code in tax invoicesfor the all products sold as follows:

Aggregate Turnover in the preceding Financial YearNumber of Digits of Harmonised System of Nomenclature Code (HSN Code)
Up to Rs 5 crores4
more than Rs 5 crores6

However, a registered person having aggregate turnover up to Rs 5 crores in the previous financial year may not mention the number of digits of HSN Code, in a tax invoice issued by him in respect of supplies made to unregistered persons

Notification No. 79/2020 – Central Tax dated 15th October, 2020

This notification substituted Rule 67A which pertains to “Manner of furnishing of return or details of outward supplies by short messaging service facility” as follows:

A registered person who is required to furnish a Nil return under section 39 in FORM GSTR-3B or a Nil details of outward supplies under section 37 in FORM GSTR-1 or a Nil statement in FORM GST CMP-08 for a tax period, any reference to electronic furnishing shall include furnishing of the said return or the details of outward supplies or statement through a short messaging service using the registered mobile number and the said return or the details of outward supplies or statement shall be verified by a registered mobile number based One Time Password facility.

In simple words, the registered person who opted to pay tax under composition scheme can now file NIL GST CMP 08 through SMS (Earlier this facility was only available to the registered persons who are required to file NIL GSTR 1 & GSTR 3B)

This notification substituted proviso to Rule 80(3) as follows:

Provided that for the financial year 2018-2019 and 2019-2020, every registered person whose aggregate turnover exceeds Rs 5 crore shall get his accounts audited as specified under section 35(5) and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C for the said financial year, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner

In simple words, registered persons having aggregate turnover more than Rs 2 Crore but less than Rs 5 Crores are required to file GSTR 9 but are not required to file GSTR 9C.

The said notification has also made changes in format of Form GSTR 1, GSTR 2A, GSTR 5, GSTR 5A, GSTR 9, GSTR-9C and DRC Forms

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