The GST Implementation Committee of the GST Council has approved the extension of the due date of filing GSTR-3B returns for the month of September for monthly filers by a day. The earlier due date was October 20, which is now October 21, i.e. Friday.
The deadline for filing GST annual return for 2019-20 fiscal has been extended by 2 months till February 28, 2021.
Last month, the government had extended the last date for filing GST annual return and audit report for 2018-19 fiscal by a month till October 31, 2020.
The court order said that the refund of excess cash balance in terms of Section 49 (6) read with Section 54 of the CGST Act does not effectively redress the petitioners' grievance.
She further said that companies which have a turnover of less than five crore, no interest, no late fee, or no penalty will be charged.
This move is a part of Finance Ministry’s Standard Operating Procedure (SOP), which was issued recently.
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