Finance Minister Nirmala Sitharaman had provided a similar extension on ITR filing and GST return deadline last year.
Startup India
80% MSMEs, startups urge FM Sitharaman to extend GST payment, return filing deadlines without penalty
Credit and Finance for MSMEs: The government had last week announced the extension of the deadline for payments under the Direct Tax Vivad Se Vishwas Act, 2020, and some compliances under the Income Tax Act by two months till June 30.
Traders’ body Confederation of All India Traders (CAIT) had also urged the government last week to defer 11 GST compliances and 15 compliances under the Income Tax Act by three months. According to the federation, which represents around 8 crore traders across 40,000 trade associations in India, returns including GSTR-3B, GSTR-1, GSTR-4, CMP-08, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, and GSTR-8 have been due in April along with the due date for issue of TDS certificate for tax deducted under section 194-IA, IB, and 194M, a quarterly statement in respect of foreign remittances in form 15CC, furnishing form 3BB, form 24G, challan-cum-statement in respect of tax deducted under section 194-IA, etc., of the Income Tax Act.
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