IFF, GSTR-1 & 4 Due date changes with notifications

Posted on 02-06-2021:

 

IFF, GSTR-1 & 4 Due date changes

• The due date for filing GSTR-1, 4 & IFF data has been extended as given below:

Form	Tax period	Due date	Notification
GSTR-1	May-2021	26th June	17/2021
Invoice Furnishing Facility (IFF)	May-2021	28th June	27/2021
GSTR-4 annual return	2020-21	31st July	25/2021

• Waived off late fee for GSTR-3B and reduction of interest for delayed payment of tax:

Taxpayer	Tax period	GSTR-3B late fee waived period (notification no. 19/2021)	Interest reduction   (notification no. 18/2021)
Regular taxpayer with turnover >  Rs. 5 crore	Mar-May-2021	15 days from due date	9% for first 15 days
Regular taxpayer with turnover up to Rs. 5 crore	Mar-2021/ Jan-Mar-2021 quarter	60 days from due date	Nil% for first 15 days  9% for next 45 days
	Apr-2021	45 days from due date	Nil% for first 15 days  9% for next 30 days
	May-2021	30 days from due date	Nil% for first 15 days  9% for next 15 days
Composition taxpayer	Jan-Mar-2021	-	Nil% for first 15 days  9% for next 45 days

• Maximum Late fee payable for delayed filing of various returns has been fixed .Click here for details.