3 years, 11 months ago

Govt Waves Late Fee for GSTR-3B, Tax Return Dates Extended Due to COVID-19

The government has waived late fee on delayed filing of monthly return GSTR-3B and tax payment for the months of March and April and also cut interest rate for late filers. Taxpayers with a turnover of over Rs 5 crore have been given 15 days extra time to file monthly summary return GSTR-3B and pay taxes without paying any late fees. While those with a turnover up to Rs 5 crore in the preceding financial year have 30 days more time from their original due date for filing 3Breturns for March and April, with late fee waiver. For composition dealers filing sales return GSTR-4, the deadline for filing returns for the financial year ended March 31, 2021, has been extended by a month till May 31.

News 18

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