Highlights from GST/Indirect Tax
| Broad Category | Measures | Details |
|---|---|---|
| Due Date (GST) | GSTR-3B filing | For Feb’20- Last week of Jun’20 For Mar’20-Last week of Jun’20 For Apr’20-Last week of Jun’20 For May’20- Last week of Jun’20 |
| Due Date (GST) | Opting of Composition Scheme | Date for opting for composition scheme is extended till the last week of June, 2020 |
| Due Date (GST) | Payment of tax and Return filing under composition scheme | The last date for making payments for the quarter ending 31 Mar 2020 and filing of return for 2019-20 by the composition dealers will be extended till the last week of Jun 2020 |
| Due Date (GST) | Extension of Annual Return (FY 2018-19) | Date for filing GST annual returns of FY 18-19, which is due on 31 Mar 2020 is extended till the last week of June 2020 |
| Due Date (GST) | Extension of due date for issue of notice, intimation, notification, approval order, sanction order, filing of appeal, etc. | Expiry date for issue of notice, intimation, notification, approval order, sanction order, filing of appeal, etc. where the time limit is expiring between 20 Mar 2020 to 29 Jun 2020 shall be extended to 30 Jun 2020 |
| Due Date (GST) | Sabkas Vishwas Scheme | Payment date under Sabka Vishwas Scheme shall be extended to 30 Jun 2020. No interest for this period shall be charged if paid by 30 Jun 2020 |
| Due Date (Custom) | Extension of due date for issue of notice, intimation, notification, approval order, sanction order, filing of appeal, etc | Expiry date for issue of notice, intimation, notification, approval order, sanction order, filing of appeal, etc. where the time limit is expiring between 20 Mar 2020 to 29 Jun 2020 shall be extended to 30 Jun 2020 |
[gview file=”https://www.ideationadvisory.in/files/tax-compliance-package-ver-1.9.pdf” save=”1″]