GST News and Updates – June 2021

Extension in dates of various GST Compliances for GST Taxpayers

Government has extended the dates of various compliances by Taxpayers under GST vide Notn No 12/2021-CT, dated 1st May, 2021, r/w Notn No 17/2021 CT dated 1st June, 2021, Notn No 14/2021-CT, dated 1st May, 2021,r/w Notn No 24/2021-CT, dated 1st June, 2021, Notn No 25/2021-CT, dated 1st June, 2021, Notn No 26/2021-CT, dated 1st June, 2021. The details are summarized below:

Filing of Form GSTR-1/IFF by Normal Taxpayers:

Sl.No.	Form Type	To be filed by	Tax period	Due Date/last date	Due Date/ last date Extended till
1	Form GSTR-1 (Monthly)	Normal Taxpayer filing Monthly returns	May,2021	11.06.2021	26.06.2021
2	Form IFF (optional)	Normal Taxpayers under QRMP Scheme	May,2021	13.06.2021	28.06.2021

Filing of Returns by Composition, NRTP, ISD, TDS & TCS Taxpayers:

Sl.No.	Return Type(Form)	To be filed by	Tax period	Due Date	Due Date Extended till
1	GSTR-4	Composition Taxpayers (Annual Return)	FY 2020-21	30th April, 2021	31st July, 2021
2	GSTR-5	Non Resident Taxpayers (NRTP)	March/April/May, 2021	20th April/ May/June, 2021	30th June, 2021
3	GSTR-6	Input Service Distributors (ISD)	April/May, 2021	13th May/June, 2021	30th June, 2021
4	GSTR-7	Tax Deductors at Source (TDS deductors)	-do-	10th May/June, 2021	30th June, 2021
5	GSTR-8	Tax Collectors at Source (TCS collectors)	-do-	10th May/June, 2021	30th June, 2021

Filing of Form ITC-04: The due date for filing of Form GST ITC-04 (to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker) for the quarter Jan-March, 2021, (due date 25th April, 2021) has been extended till 30th June, 2021

Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) & composition taxpayers for the tax periods of March, April & May, 2021, vide Notn. Nos. 18/2021 & 19/2021, both dtd. 1st June, 2021. The details are summarized below:

Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021	Form GSTR-3B (Quarterly)	22/24^th April, 2021,(Group A/B)	Nil	9%	18%	21/ 23^rd June, 2021,(Group A/B)

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 30 days	From 46^th day onwards
1	April, 2021	Form GST PMT-06	25^th May, 2021	Nil	9%	18%	NA

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 15 days	From 31^st day onwards
1	May, 2021	Form GST PMT-06	25^th June, 2021	Nil	9%	18%	NA

Relaxations in filing Form CMP-08 for Composition Taxpayers:

Sl.No.	Tax Period	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
			First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021 (Qtr.)	18^th April, 2021	Nil	9%	18%	NA

Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers

Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021	> Rs. 5 Cr.	20^th April	9%	18%	18%	5^th May, 2021
		Up to Rs. 5 Cr	20^th April	Nil	9%	18%	19^th June, 2021

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 30 days	From 46^th day onwards
1	April, 2021	> Rs. 5 Cr.	20^th May	9%	18%	18%	4^th June, 2021
		Up to Rs. 5 Cr	20^th May	Nil	9%	18%	4^th July, 2021

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 15 days	From 31^st day onwards
1	May, 2021	> Rs. 5 Cr.	20^th June	9%	18%	18%	5^th July, 2021
		Up to Rs. 5 Cr	20^th June	Nil	9%	18%	20^th July, 2021

Relief to taxpayers, regarding late fee, for delay in filing Form GSTR-3B returns

The Government, vide Notification No. 19/2021, dated 1st June, 2021, inter alia, has waived the late fee payable, in excess of amount as specified in the Tables, as given below:

For the registered persons who have failed to furnish the return in FORM GSTR-3B, for the months /quarter of July, 2017 to April, 2021, by the due date:

Sl.No	Return in FORM GSTR-3B for the month/ quarter of	Amount of Central & State/UT tax payablein the return	If Return furnished between	Late fee payable waived in excess of (Rs)
1	July, 2017 to April, 2021	NIL	1st June, 2021 and 31st August,2021	500
2	July, 2017 to April, 2021	Not NIL	1st June, 2021 and 31st August,2021	1000

For the tax period of June, 2021 onwards or quarter ending June, 2021 onwards:

Sl.No	Class of registered persons	Late fee payable waived in excess of (Rs)
1	Registered persons whose total amount of Central Tax & State/UT tax payable in the said return is Nil	500
2	Registered persons having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year, other than those covered under S. No. 1	2,000
3	Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees 5 crores in the preceding financial year, other than those covered under S. No. 1	5,000

44th GST Council Meeting

Change in GST Rates on goods being used in Covid-19 relief and management

The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30^th September, 2021.

The details of recommendations are given below :

These rate reductions/exemptions shall remain in force upto 30^th September 2021.

S. No.	Description	Present GST Rate	GST Rate recommended by GST Council
Medicines
1.	Tocilizumab	5%	Nil
2.	Amphotericin B	5%	Nil
3.	Anti-Coagulants like Heparin	12%	5%
4.	Remdesivir	12%	5%
5.	Any other drug recommended by Ministry of Health and Family Welfare (MoHFW) and Dept. of Pharma (DoP) for Covid treatment	Applicable Rate	5%
Oxygen, Oxygen generation equipment and related medical devices
1.	Medical Grade Oxygen	12%	5%
2.	Oxygen Concentrator/ Generator, including personal imports thereof	12%	5%
3.	Ventilators	12%	5%
4.	Ventilator masks / canula / helmet	12%	5%
5.	BiPAP Machine	12%	5%
6.	High flow nasal canula (HFNC) device	12%	5%
Testing Kits and Machines
1.	Covid Testing Kits	12%	5%
2.	Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH	12%	5%
Other Covid-19 related relief material
1.	Pulse Oximeters, incl personal imports thereof	12%	5%
2.	Hand Sanitizer	18%	5%
3.	Temperature check equipment	18%	5%
4.	Gas/Electric/other furnaces for crematorium, including their installation, etc.	18%	5%
5.	Ambulances	28%	12%

Clarifications regarding B2C QR Code

CBIC has clarified vide circular 156/12/2021-GST dated 21st June 2021 the following with respect to the implementation of QR code –

QR code has to be provided for the person who has UIN – Unique Identity Number since he is not a registered person as per section 25 of CGST Act 2017;
UPI ID is sufficient to be provided in QR code provided the UPI ID is linked to the bank account;
UPI ID of the person authorised to collect payment has to be provided in the QR code, where the payment is collected by a person other than supplier i.e. E-commerce Operator or any other scenario;
Where the recipient is outside India, place of supply falls within India and makes payment through RBI approved medium, QR code is not required to be provided in such invoice as it is not possible to make payment through QR code;
Where the payment is received prior to issuance of invoice in retail sales counters, unique order ID/sales reference linked to the invoice of such transaction (which should be printed in the invoice and could be cross-verified) is sufficient to be provided in the QR code instead of the invoice number.
Where the part payment is received in advance prior to issuance of the invoice, the QR code may provide the invoice value as the amount which is the balance payable against the invoice. Further details of the total invoice value, along with details/ cross-reference of the part payment/ advance/ adjustment done, and the remaining amount to be paid, should be provided on the invoice.