GST Filling Date Extended

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Finance Minister extends deadline for GST returns to June 30 from March 31

The FM made these announcements during her address to the media on measures to tackle the economic impact of coronavirus

  1. the last date for filing GST returns for March, April and May has been extended to June 30.
  2. The deadline for composition returns on GST has been also been extended to June 30, 2020.
  3. companies with less than Rs 5 crore turnover won't be charged interest or penalty for the late filing of GST.
  4. Bigger companies will have have to pay the interest amount at 9 percent for delayed filing of GST, but no late fee or penalty will be levied.
  5. The last date for opting for the compensation scheme has been extended to June 30, 2020.

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