Feb, March, and April 2020 GST Returns along with returns for Composition dealers extended up to 30th June 2020 in a staggered manner.
Interest, Late Fee, and Penalty:
Companies with <5 crore turnover – No interest, late fee & penalty.
Companies with >5 crore turnover – Interest @ 9% post 15 days after due date. No late fee & penalty.
Payment under Sabka Vishwas Amnesty Scheme (for erstwhile indirect tax matters) extended to 30th June 2020. No interest on payments made during this period. Due date for applying under the scheme remains intact i.e. 15th Jan 2020.
To facilitate exporters & importers, custom clearance team to work 24X7 till 30th June 2020.
Date for opting composition scheme extended till last week of June 2020.
Last date for making payment and filing of return for the quarter ending 31st March 2020 till last week of June 2020.
Due date for issue of notice, notification, approval order, sanction order, filing of an appeal, furnishing of return, statements, applications, reports, any other documents, time limit for any compliance under GST Laws, Custom laws and any other allied laws where the time limit is expiring between 20th March 2020 to 29th June 2020, extended to 30th June 2020.