News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
GST - Goods and Services Tax »
 5 changes from April 1 New Income Tax regime, invalid PAN to simple GST return
 GST, VAT collection dips as 6 states' tax revenue till November FY20 falls
 Complete Process for GST Registration in India
 Five structural changes to make GST simple, stable
 Due dates to file GST returns re-jigged to cut pressure on IT systems
 Govt allows 3 last dates for filing GSTR-3B for different categories of taxpayers
 GSTN claims glitch-free return filing in January
 GST may not have been revenue-neutral
 Multiple GST-related woes beset small traders
 CPE Events 6th January -11th January2019
 Tax department cracks down on export houses misusing GST refund system
 How to view Inward Supplies details in Form GSTR-2A Filing GST Returna
 Personal income tax may be cut after reduction in corporate tax rate
 GST returns not filed? The taxman can freeze your bank account
 December 31 is the last date to verify your ITR. Have you done it?

Govt allows 3 last dates for filing GSTR-3B for different categories of taxpayers
January, 23rd 2020

The finance ministry on Wednesday staggered last dates of filling GSTR-3B, a monthly return form, and has provided three dates for different categories of taxpayers, a moved aimed at de-stressing the system.

Currently, the last date for filing GSTR-3B is 20th of every month. From now onwards, there will three dates — 20th, 22nd and 24th — of every month for different categories of tax payers.

In past, glitches in the return filing system of GST Network were reported on the last day of filing of returns and trade and industry had to face problems.

It may be noted here that about one-fifth of the total GSTR-3B returns were filing on the last day (January 20).

"From now on, the last date for filing of GSTR-3B for the taxpayers having annual turnover of ?5 crore and above in the previous financial year would be 20th of the month. Thus, around 8 lakh regular taxpayers would have the last date of GSTR-3B filing as 20th of every month without late fees," the ministry said in a statement.

The taxpayers having annual turnover below ?5 crore in previous financial year will be divided further in two categories. The tax filers from 15 states/UTs -- Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh -- will now be having the last date of filing GSTR-3B returns as 22nd of the month without late fees. This category would have around 49 lakh GSTR-3B filers who would now have 22nd of every month as their last date for filing GSTR-3B returns. For the remaining 46 lakh taxpayers from the 22 States/UTs of Jammu and Kashmir, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha having annual turnover below ?5 crore in previous financial year the last date will be 24th.

A total of 65.65 lakh GSTR-3B forms for the tax month of December were filed by January 20.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting