GST Update on Recent Notifications & Circular By Rohit Kumar Singh


Update Category | GST Return due dates, introduction of quarterly returns and CGST (13th Amendment) Rules |
Update Source | Notifications issued by CBIC on 10th November, 2020 |
Release No. | TM/GST/098 dated 12th November 2020 |
The Central Board of Indirect Taxes and Customs(CBIC) has issued several Notifications on 10th November, 2020 for the below matters:
1. Introduction of Thirteenth amendment (2020) to the CGST Rules, 2017 for notification of due dates for returns
2. Granting extension of the due date for Form GST ITC 04 and notification of due date for furnishing Form GSTR 1
3. Notify special procedure for making payment of 35% as tax liability in first two month for Quarterly filers
4. Implement e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 100 Cr from 01st January 2021.
Notification of furnishing return for Outward Supplies in Form GSTR 1
Notf No and Date | Summary of Notification | Effective Date |
81/2020 – Central Tax dated 10th Nov, 20 | Notify amendment carried out in sub-section (1), (2) and (7) of section 39 which deals with furnishing of returns for Regular Taxpayer and Composition Dealers and also Payment of Taxes | 10th November 20 |
1. The return in form GSTR 1 may be filed monthly or quarterly depending on turnover.
2. For quarterly filers the return is to be furnished Quarterly in Form GSTR 1. For the first and second months of the quarter (upto a cumulative value of Rs 50 lakes in each months) shall use invoice furnishing facility (IFF) from 1st to 13th of the said month.
3. Details to be furnished in Form GSTR 1 –
Invoice-wise details | Consolidated Details | Debit and Credit Notes |
B2B Inter or Intra State Supplies | Rate wise supplies for Inter State supplies to URD (B2C) | DN/CN if issued during the month for invoices issued |
invoice > Rs 2.5 Lakes for URD (B2C) inter-state supplies | invoice < Rs 2.5 Lakes for URD (B2C)State wise inter-state supplies |
4. Details to be furnished in invoice furnishing facility (IFF) by Quarterly Filers –
Invoice-wise details | Debit and Credit Notes |
B2B Inter or Intra State Supplies | DN/CN if issued during the month for invoices issued |
Details | Form Details | Furnished by | Part of GSTR 2A |
Outward Supplies | GSTR 1 or IFF | Regular Taxpayer | Part A |
Invoice-wise details | Form GSTR 5 | Non Resident Taxable Person | Part A |
Invoice-wise details | Form GSTR 6 | Input Service Distributor | Part B |
Details of TDS - GST | Form GSTR 7 | GST TDS Deductor | Part C |
Details of TCS - GST | Form GSTR 8 | GST TCS Deductor | Part C |
Details of IGST paid on Import of goods or goods brought in DTA from SEZ or SEZ developer on Bill of Entry | -- | Tax-Payer | Part D |
B. Details to be made available in GSTR 2B–Form GSTR 2B notified.
Details | Form Details | Furnished by |
Outward Supplies | GSTR 1 or IFF | Regular Taxpayer |
Invoice-wise details | Form GSTR 6 | Input Service Distributor |
Details of IGST paid on Import of goods or goods brought in DTA from SEZ or SEZ developer on Bill of Entry | -- | Tax-Payer |
C. Availability of GSTR 2B on common portal –
A. For first and second month of the Quarter - a day after the due date of the Form IFF; or in FORM GSTR-1, whichever is later
B. For Third month of the Quarter - a day after the due date of furnishing FORM GSTR-1
D. Insertion of Sub Rule 5 in Rule 61–Due date for monthly Form GSTR 3B – With effect from 1st Jan 2021 -
Turnover in Previous FY | Time Limit for furnishing GSTR 3B |
Aggregate turnover exceeding five crore rupees in the previous FY | 20th day of month succeeding such month |
Aggregate turnover of up to five crore rupees in the previous FY (CAT 1 States) For the months of Oct 20 to Mar 21 | 22nd day of month succeeding such month |
Aggregate turnover of up to five crore rupees in the previous FY (CAT 2 States) For the months of Oct 20 to Mar 21 | 24th day of month succeeding such month |
E. Rule 61–Due date for furnishing QUARTERLY Form GSTR 3B – With effect from 1st Jan 2021 –
Turnover in Previous FY | Time Limit for furnishing GSTR 3B |
Aggregate turnover of up to five crore rupees in the previous FY (CAT 1 States) For the months of Oct 20 to Mar 21 | 22nd day of month succeeding such Quarter |
Aggregate turnover of up to five crore rupees in the previous FY (CAT 2 States) For the months of Oct 20 to Mar 21 | 24th day of month succeeding such Quarter |
CAT 1 States - Chhattisgarh, MP, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, AP, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep
CAT 2 States - Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, UP, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, WB, Jharkhand or Odisha, the UT of J&K, Ladakh, Chandigarh or Delhi
Frequency of Filing | Payment of Tax | Due Date |
Monthly Filers | Monthly in form GSTR 3B | Date for filing GSTR 3B |
Quarterly Filers – First 2 months of the Quarter | GST PMT - 06 | 25thday of month succeeding such month |
Quarterly Filers – third month of the Quarter | Form GSTR 3B | Date for filing GSTR 3B |
G. Rule 61A – Manner of Opting for furnishing QUARTERLY Returns –
Selection of option for frequency of Filing | Option | Due Date of Selection |
Option for filing Quarterly Return | Quarterly Selection of option | 1st day of Second month of preceding Quarter to Last day of first month of quarter for which option is exercised |
H. Quarterly Option once selected shall continue on Quarterly basis for future tax periods unless –
a) becomes ineligible for furnishing the return on a quarterly basis as per the conditions and restrictions notified in this regard; or
b) opts for furnishing of return on a monthly basis, electronically, on the common portal;
A registered person shall not be eligible to opt for furnishing quarterly return in case the last return due on the date of exercising such option has not been furnished
A registered person, whose aggregate turnover exceeds 5 crore rupees during the current FY, shall opt for furnishing of return on a monthly basis, from the first month of the quarter, succeeding the quarter during which his aggregate turnover exceeds 5 crore rupees.
3. Notification of Due Date for furnishing return for Outward Supplies in Form GSTR 1
Notf No and Date | Summary of Notification | Due Date | Effective Date |
83/2020 – Central Tax dated 10th Nov, 20 | Monthly Form GSTR 1 | 11thday of month succeeding such month | 1st January 2021 |
Quarterly Form GSTR 1 | 13thday of month succeeding such month |
4. Notification of class of persons for furnishing returns – Monthly or Quarterly - 84/2020 – Central Tax dated 10th Nov, 20
Class of Registered Persons | Deemed Option |
Registered persons having aggregate turnover of up to Rs 1.5 crore, who have furnished FORM GSTR1 on quarterly basis in the current financial year | Quarterly Return |
Registered persons having aggregate turnover of up to Rs 1.5 crore, who have furnished FORM GSTR1 on monthly basis in the current financial year | Monthly Return |
Registered persons having aggregate turnover more than 1.5 crore rupees and up to 5 crore rupees in the preceding financial year | Quarterly Return |
Notes – i. Taxpayers who have furnished the return for the tax period October, 2020 on or before 30th November, 2020, it shall be deemed that they have opted under sub-rule (1) of rule 61A of the said rules for the monthly or quarterly furnishing of return.
iii.The registered persons may change the default option, during the period from the 5th day of December, 2020 to the 31st day of January, 2021
Frequency | Amount of Deposit | Manner of Computation |
Quarterly | 35% of the Tax | Liability paid by debiting the electronic cash ledger in the return for the preceding quarter if return is furnished quarterly |
Monthly | last monthof the immediately preceding quarter | Liability paid by debiting the electronic cash ledger in the return for the last month of the immediately preceding quarter if return is furnished monthly |
No Tax to be deposited -
1. For the first month of the quarter, where the balance in the electronic cash ledger or electronic credit ledger is adequate for the tax liability for the said month or where there is nil tax liability
2. for the second month of the quarter, where the balance in the electronic cash ledger or electronic credit ledger is adequate for the cumulative tax liability for the first and the second month of the quarter or where there is nil tax liability
6. Rescinding Notification No 76/2020- Central Tax dated 15th October, 2020 - 86/2020 – Central Tax dated 10th Nov, 20 - The said notification notified the due dates for furnishing GSTR 3B for the tax periods October 2020 to March 2021.
Video Topic | Link for Video |
Refunds in GST | https://youtu.be/R8-tH7atZ1c |
Job Work process and Documentation | https://youtu.be/2ebZdS6vpJU |
How to face GST Audit by Department | https://youtu.be/OW-RoqgjS2o |
Accounts and Records in GST | https://youtu.be/tYGP15QD1eI |
YouTube Channel Link | https://www.youtube.com/channel/UC8C6aDio4FnzTMryvRgkDRg/ |

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Rohit Kumar
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Member Since: 14 Apr 2020 | Total Articles Contributed: 44
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Rohit has founded TaxMarvel Consulting Services LLP, a niche consulting firm which provides GST, Corporate Laws, Income Tax and outsourcing services
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