Taxontips
No Result
View All Result
Tuesday, June 6, 2023
Login/ Register
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Talk to an Expert
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
No Result
View All Result
Taxontips
No Result
View All Result

GST notifications from 49/2020 to 54/2020 stating due date of GSTR 3B, interest, late fees etc issued on 24.06.2020

GST expert by GST expert
June 25, 2020
in GST news
9
39th GST council meeting. Due date of GSTR 9 for F.Y. 2018-19 extended
352
SHARES
4.4k
VIEWS
image_pdfPDFimage_printPrint

In the notification issued in gazette CBIC has more or less discussed various due dates in line with earlier notifications issued. However now just few due dates have been changed and state wise due dates have been released except for tax payer having turnover above Rs. 5 crore.

Notification 49/2020: the Central Government hereby appoints the 30th day of June, 2020, as the date on which the provisions of sections 118, 125, 129 and 130 of the said Act, shall come into force.

Notification 50/2020: This notification talks about GST rates for composition dealer w.e.f 01.04.2020 which is as under:

Manufacturer and trader: 0.5% CGST and 0.5% SGST.

Restaurant, canteen service provider: 2.5% CGST and 2.5% SGST.

People not covered above i.e. broadly speaking service provider: 3% CGST and 3% SGST.

Notification 51/2020 and 52/2020: Notification 51 talks about interest and 52 talks about late fees in case of GSTR 3B which is summarized below:

GSTR 3B due date

* In case of taxpayer with turnover above 5 crore interest shall be charged at 9% after 15 days from original due date till 24.06.2020.

** In case of other taxpayer interest at 9% shall be charged if there is tax payable after due date mentioned above till 30.09.2020

Late fees in case of GSTR 3B for those who failed to furnish GSTR 3B for the month of July, 2017 to January 2020 shall be capped at Rs. 250 CGST and Rs. 250 SGST if same is filed between 01.07.2020 to 30.09.2020 and same shall be Nil if the said return is Nil.

Notification 53/2020: GSTR 1 due date is as under:

Month/ Quarter Due date
March 10.07.2020
April 24.07.2020
May 28.07.2020
June 05.08.2020
January to March 17.07.2020
April to June 03.08.2020

Notification 54/2020: Due date for GSTR 3B of the states mentioned in First group above for the month of August, 2020 shall be 01.10.2020 and for the second group due date shall be 03.10.2020.

To read full notification CLICK HERE.

image_pdfPDFimage_printPrint
Tags: GST due dateGST notificationGSTR 3B late feeslatest GST notification
Previous Post

ITR due date for FY 2018-19 extended | TDS return due date extended | Ordinance issued

Next Post

Did recent notification of Income Tax on 24.06.2020 extended all due dates to 31.03.2021

Related Posts

GST registration
GST news

₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth

June 2, 2023
Annual return optional for F.Y. 2017-18 and 2018-19 for Turnover below Rs. 2 crore
GST news

Instructions for conducting scrutiny of returns for FY 2019-20 onwards under GST [Read instructions]

May 27, 2023
GST registration
GST news

GUIDELINES FOR SPECIAL ALL-INDIA DRIVE UNDER GST

May 24, 2023
GST registration
GST news

GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore

May 13, 2023
GST registration
GST news

Turnover limit for E-invoicing reduced to Rs. 5 crore from Rs. 10 crore [Read notification]

May 11, 2023
GST on GTA services – A brief analysis
GST news

CBIC extends last date for exercise of option by GTA to pay GST under forward charge [Read notification]

May 10, 2023
Next Post
Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-

Did recent notification of Income Tax on 24.06.2020 extended all due dates to 31.03.2021

Comments 9

  1. Pingback: GST relaxation amid the ongoing Pandemic: Late fees, interest, extension of due date etc. [Notification 8/2021 to 13/2021] - Taxontips
  2. Pingback: GST relaxation from late fees, interest, extension of due date etc amid the ongoing Pandemic [Notification 8/2021 to 13/2021] - Taxontips
  3. Pingback: Late fee May to July, 2020 for tax payer with turnover above Rs. 5 crore waived and further waiver of late fee for Feb to June, 2020 GSTR 3B - Notification 57/2020 - Taxontips
  4. RISHIKANTA KHANDAI says:
    3 years ago

    Thanx

    Reply
    • ADMIN says:
      3 years ago

      Thank you for appreciation.
      Do subscribe to our newsletter for weekly Tax updates.

      Team Taxontips.com

      Reply
  5. Priya says:
    3 years ago

    Thank you so much

    Reply
    • ADMIN says:
      3 years ago

      Thank you for appreciation.
      Do subscribe to our newsletter for weekly Tax updates.

      Team Taxontips.com

      Reply
  6. BIJAN HAZRA says:
    3 years ago

    THANS

    Reply
    • ADMIN says:
      3 years ago

      Thank you for appreciation.
      Do subscribe to our newsletter for weekly Tax updates.

      Team Taxontips.com

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Google Custom search

Recent Posts

  • ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
  • Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act
  • ₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
  • Due date for filing SFT extended from 31.05.2023 for FY 2022-23?
  • E-appeal scheme, 2023 announced by CBDT, JCIT(A) will now hear appeal [Read notification]

Recent Comments

  • Notification under PMLA by Ministry of Finance which could affect CA, CS and CMA - Taxontips on CA, CS and CMA now under PMLA. KYC of clients required
  • ITR 4 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips – Taxontips on Businessman with turnover below 1 crore and having profit below 8% need to compulsorily get books of accounts audited: Let’s find out
  • Can a person earning income from speculative business transaction file return u/s 44AD of Income tax act - Taxontips on How to calculate turnover in case of intra day and future and option trading for Income Tax purpose?
  • Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April, 2023 - Taxontips on Updation of Member’s Profile at Self Service Portal with GSTIN to get GST credit till 15.04.2023
  • Akshay Kadam on New error faced in the new Income tax e-filing portal related to log-in of an assessee | E-filing 2.0

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Browse Topics by Date

June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    
  • GSTR 9/ 9C extended : AGAIN

    GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning

    6456 shares
    Share 2582 Tweet 1614
  • How to pay Membership and COP fees of ICAI for 2020-21 |

    6344 shares
    Share 2538 Tweet 1586
  • Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods

    5680 shares
    Share 2272 Tweet 1420
  • Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020

    4771 shares
    Share 1908 Tweet 1193
  • SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type

    3991 shares
    Share 1596 Tweet 998

Recent Notification

Income Tax Return

ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips

June 6, 2023
Last opportunity to file Income tax return for F.Y. 2018-19 | Belated return u/s 139(4) of the Income tax Act

Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act

June 5, 2023

RSS Taxontips

  • Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act
  • ₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
  • Due date for filing SFT extended from 31.05.2023 for FY 2022-23?
  • E-appeal scheme, 2023 announced by CBDT, JCIT(A) will now hear appeal [Read notification]
  • Limit of exempt income for leave encashment for non-govt employees increased to Rs. 25 lakh [Read notification]
  • ANNUAL FEE CIRCULAR 2023-24 by ICAI for it’s members
  • Instructions for conducting scrutiny of returns for FY 2019-20 onwards under GST [Read instructions]
  • Extension in time limit for filing Form 10A, 10AB, 10BD, 10 etc. in relation to trust under Income tax act
  • GUIDELINES FOR SPECIAL ALL-INDIA DRIVE UNDER GST
  • Government issues guidelines to calculate net winning for section 194BA of the Act [Read circular]

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Site menu

  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Taxontips

TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

No Result
View All Result
  • Login/Signup
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • About us
  • Contact us
  • Ask an expert/ Talk to an expert
  • Q & A
  • Privacy Policy
  • Terms of use

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

Book Phone consultation with expert

Sitting home or at your office and don't have time to visit CA's office or don't know where to consult CA. Book your consultation with an expert practicing Chartered Accountant and get your query solved.

Book a phone consultation for 30 minutes with our expert at a very basic cost.

Book consultation

No thanks, I'm not interested!