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For monthly and quarterly returns to be filed in the future, the late fee has been capped at Rs 500 for returns with no tax liability. In case of turnover above Rs 1.5 crore, late fee has been capped at Rs 2,000 and from Rs 1.5 crore to Rs 5 crore turnover, the late fee has been capped at Rs 5,000. ....
For monthly and quarterly returns to be filed in the future, the late fee has been capped at Rs 500 for returns with no tax liability. In case of turnover above Rs 1.5 crore, late fee has been capped at Rs 2,000 and from Rs 1.5 crore to Rs 5 crore turnover, the late fee has been capped at Rs 5,000. ....
URL copied COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31 The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31. In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said any registered person during the period from April 21, 2021, to May 31, 2021, will be allowed to furnish the return in Form GSTR-3B and details of outward supplies in Form GSTR-1 verified through electronic verification code (EVC). Currently, businesses are required to digitally sign the GSTR-3B form while filing the monthly return and paying taxes. However, with offices shut due to the lockdown, businesses are unable to generate a digital signature that has led to delay in filing returns. ....
Covid relief: Government allows business to verify monthly GST returns through EVC till May 31 Top Searches Covid relief: Government allows business to verify monthly GST returns through EVC till May 31 PTI / Apr 27, 2021, 21:34 IST FacebookTwitterLinkedinEMail (Representative image) NEW DELHI: The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31. In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said any registered person during the period from April 21, 2021, to May 31, 2021, will be allowed to furnish the return in Form GSTR-3B and details of outward supplies in Form GSTR-1 verified through electronic verification code (EVC). ....
GST Return Filing Date extended till March 31, 2021 Earlier the deadline for filing the returns was extended February 28 Monday March 1, 2021 7:17 AM, IANS New Delhi: Centre has extended the deadline for filing annual GST returns for the financial year 2019-20 till March 31. The due dates for the financial year 2019-20 was earlier extended from 31.12.2020 to 28.02.2021, the Ministry of Finance said. In a statement on Sunday, the Department of Revenue said that the decision has been taken considering the difficulties expressed by the taxpayers in meeting the deadline. In view of the difficulties expressed by the taxpayers in meeting this time limit, government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to 31.03.2021 with the approval of Election Commission of India, it said. ....