Government has given certain extension and relief in interest liabilities for GST payments. Same is given in tabular form below:
1. Interest liability for filing Form GSTR-3B
a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY
| Tax period (a) | Interest not payable,if filed by (b) | Date from which interest is payable@ 9% till date of filing,if filed by 24th June, 2020 (c) | Date from which interest is payable@ 18% till date of filing,if not filed by 24th June, 2020 (d) |
|---|---|---|---|
| Feb, 2020 | 4th April, 2020 | 5th April, 2020 | 21st March, 2020 |
| March, 2020 | 5th May, 2020 | 6th May, 2020 | 21st April, 2020 |
| April, 2020 | 4th June, 2020 | 5th June, 2020 | 21st May, 2020 |
b. Taxpayers having aggregate turnover of > Rs. 1.5 crores and upto Rs. 5 crores in preceding FY
| Tax period (a) | Interest not payable,if filed by (b) | Date from which interest is payable @18%, if not filed by dates in Column (b),for taxpayers falling in States/UT of Group 1 (c) | Date from which interest payable @18%, if not filed by dates in Column (b), for taxpayers falling in States/UT of Group 2 (d) |
|---|---|---|---|
| Feb, 2020 | 29th June, 2020 | 23rd March, 2020 | 25th March, 2020 |
| March, 2020 | 29th June, 2020 | 23rd April, 2020 | 25th April, 2020 |
| April, 2020 | 30th June, 2020 | 23rd May, 2020 | 25th May, 2020 |
c. Taxpayers having aggregate turnover of upto Rs. 1.5 crores in preceding FY
| Tax period (a) | Interest not payable,if filed by (b) | Date from which interest is payable @18%, if not filed by dates in Column (b),for taxpayers falling in States/UT of Group 1 (c) | Date from which interest payable @18%, if not filed by dates in Column (b), for taxpayers falling in States/UT of Group 2 (d) |
|---|---|---|---|
| Feb, 2020 | 30th June, 2020 | 23rd March, 2020 | 25th March, 2020 |
| March, 2020 | 03rd July, 2020 | 23rd April, 2020 | 25th April, 2020 |
| April, 2020 | 06th July, 2020 | 23rd May, 2020 | 25th May, 2020 |
Group 1 above includes the following states/ UT – Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep
Group 2 includes the following: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi
