GST Calendar for the Month of June 2020
| Type of compliance | Extended due date | Notification/ Circular | Remarks |
| Filing of Tran-1 | 30-06-2020 | 43/2020- Central Tax dt 16th May, 2020 | To give the effect of the verdict passed by Hon’ble Delhi High court in the case of Brand Equity Treaties Ltd v/s Union of India. |
| IRP/RP should take registration in each of the states/UTs where the corporate debtor was registered earlier | within 30 days of being appointed as IRP/RP or by 30.06.2020, whichever is earlier | 39/2020 – Central Tax dt 05th May, 2020 | Generally, the IRP has to obtain fresh GST registration for the entity under CIRP within 30 days of his appointment, and they are facing difficulty in obtaining registration during the period of the lockdown. |
| Filing of form 3B for the month of May,2020 for the taxpayers having an aggregate turnover of more than Rs. 5cr | 27.06.2020 | 36/2020 – Central Tax dt 3rd April, 2020 | One of the relief measure provided because of corona outbreak. |
| Time limit of any compliance falling during the period from 20.03.2020 to 29.06.2020 | 30.06.2020 | 35/2020 – Central Tax dt 3 rd April, 2020 | The said notification is not applicable on compliance of (a)Chapter IV; (b) sub-section (3) of section 10, sections 25, 27, 31, 37, 47, 50, 69, 90, 122, 129; (c) section 39, except sub-section (3), (4) and (5) |
| Filing of GSTR-1 the month of March, April and May,2020 and for the Qtr ending 31st March, 2020 | 30.06.2020 | 33/2020 – Central Tax dt 3 rd April, 2020 | No late fee will be levied |
| Filing of form 3B for the month of Feb, March and April,2020 for the taxpayers having an aggregate turnover of more than Rs. 5cr | 24.06.2020 | 31/2020 – Central Tax dt 3 rd April, 2020; 32/2020 – Central Tax dt 3 rd April, 2020 | Interest will be charged @9% if payment is made after 15 days from the original due date. Also the late fee stands waived if the return is filed by the extended due date. |
| Filing of form 3B for the month of Feb & March,2020 for the taxpayers having an aggregate turnover of more than 1.5cr but less than Rs. 5cr | 29.06.2020 | 31/2020 – Central Tax dt 3 rd April, 2020; 32/2020 – Central Tax dt 3 rd April, 2020 | No interest and late fee will be charged if the return is filed by the extended due date. |
| Filing of form 3B for the month of April,2020 for the taxpayers having an aggregate turnover of more than 1.5cr but less than Rs. 5cr | 30.06.2020 | 31/2020 – Central Tax dt 3 rd April, 2020; 32/2020 – Central Tax dt 3 rd April, 2020 | No interest and late fee will be charged if the return is filed by the extended due date. |
| Filing of form 3B for the month of Feb,2020 for the taxpayers having an aggregate turnover of less than 1.5 | 30.06.2020 | 31/2020 – Central Tax dt 3 rd April, 2020; 32/2020 – Central Tax dt 3 rd April, 2020 | No interest and late fee will be charged if the return is filed by the extended due date. |
| Filing of form ITC-04 for the Qtr Jan – March 2020 | 30.06.2020 | N/N: 35/2020 – Central Tax dt 3 rd April, 2020 Circular No: 138/08/2020 dt 06.05.2020 | The form ITC-04 is to be filed by the principal manufacturer every quarter, to submit the details of goods sent to or received from his job workers. |
| The merchant exporter can export goods if the period of 90 days falls within 20.03.2020 to 29.06.2020 | 30.06.2020 | Circular No: 138/08/2020 dt 06.05.2020 | The merchant exporter has to export the goods within 90 days from the date of a tax invoice by the registered supplier. |
| Time limit for filing LUT for FY 2020- 2021 | 30.06.2020 | Circular No: 137/07/2020 dt 13.04.2020 | Previously time limit for filing LUT for FY 2020-21 was 31.03.2020. |
| Filing of RFD-01 | 30.06.2020 | Circular No: 137/07/2020 dt 13.04.2020 | RFD-01 is filed for claiming the GST refund. |
| TDS for the period between 20.03.2020- 29.06.2020 in GSTR 7 | 30.06.2020 | Circular No: 137/07/2020 dt 13.04.2020 | No interest shall be charged if the TDS is deposited and Form GSTR-7 is filed on time. |
You May Also Like : Webinar on MSME Organised by Tax Concept
Follow Us on LinkedIn for Job Updates : Click Here to Visit LinkedIn Profile
Thanks for reading our article on “GST Calendar for the Month of June 2020”
Disclaimer : IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS INFORMATION.
AUTHOR : CA TANYA GUPTA (CLICK HERE TO VIEW PROFILE)