{"id":199,"date":"2020-07-03T11:56:49","date_gmt":"2020-07-03T11:56:49","guid":{"rendered":"http:\/\/www.rnm.in\/blog\/?p=199"},"modified":"2025-01-30T10:55:45","modified_gmt":"2025-01-30T10:55:45","slug":"there-is-nothing-called-as-good-tax-but-there-is-something-surely-called-as-defer-levy","status":"publish","type":"post","link":"https:\/\/www.rnm.in\/blog\/there-is-nothing-called-as-good-tax-but-there-is-something-surely-called-as-defer-levy\/","title":{"rendered":"There is nothing called as good tax but there is something surely called as defer levy"},"content":{"rendered":"\n<p>In the testing time the government has been supporting by deferring the compliance dates and capping Late fees. Clarification is offered by CBIC on the limitation of GSTR-2A mismatch would not apply on ITC from RCM, Imports and ISD and non exigibility of GST on Directors Remuneration to executive directors. <\/p>\n\n\n\n<p><strong>Gujarat High Court, Ruling-1&nbsp;&nbsp;<\/strong> <br>Om Sai Trader\u2013  <\/p>\n\n\n\n<p><strong>Issue Involved:<\/strong> <br>Validity of notice issued due to discrepancy in e-way bill regarding registration no. of vehicle. <\/p>\n\n\n\n<p><strong>Facts:<\/strong> <br>In the aforesaid case the assessee was supposed to transport the purchased goods from the location to destination through lorry. In the process of transportation, the vehicle broke down 5 kilometers before the destination. Thus another vehicle was arranged to transport the goods, without considering consequent e-way bill procedure.  <br>The second vehicle arranged was caught by authorities before it could reach the destination.  <br>A request was made to authorities to quash the notice issued with a writ application to find the admissibility of notice.  <br>In the hearing, the authorities were of view that since the interstate transportation of goods was subject to GST@ 18% while GST on intra-state is just 2%, clearly shows the assesse\u2019sintention of tax evasion.   <\/p>\n\n\n\n<p><strong>Decision:<\/strong> <br>After hearing both the parties to the application, the court was of view that they shouldn\u2019t interfere on issue of Show Cause Notice. However, it was observed that the goods involved are tobacco which may get damaged due to monsoon.  <br>Thus it was directed to deposit an amount of Rs. 10 Lakh towards tax and penalty with bank guarantee from Nationalised Bank ofRs. 7 Lakh. <\/p>\n\n\n\n<p><strong>Notification 44\/2020- CGST<\/strong> <br>GSTR-3B NIL return can now be furnished through SMS.  <\/p>\n\n\n\n<p><strong>Notification 48\/2020- CGST<\/strong> <br>Extending the validity of E-way bill expired from March 20\u20192020 to March 24\u20192020 to June 30\u20192020. <\/p>\n\n\n\n<p><strong>Notification 48\/2020- CGST<\/strong> <br>CBIC has provided the facility to file the GSTR-3B through Electronic Verification Code (EVC) for the period from April 21, 2020 to September 30, 2020. <\/p>\n\n\n\n<p><strong>Notification 50\/2020- CGST<\/strong> <br>GST on following categories of Composition levy as per below rates: <\/p>\n\n\n\n<figure class=\"wp-block-table alignleft\"><table><tbody><tr><td>Manufactures of Goods<\/td><td>GST at 1% of Turnover<\/td><\/tr><tr><td>Supply of Service with goods being food, article of human consumption<\/td><td> <br>GST at 5% of Turnover <\/td><\/tr><tr><td>Supply of goods and services not exceeding Rs. 50 Lakhs<\/td><td> <br>GST at 6% of Turnover <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<p><strong>Notification 51\/2020- CGST<\/strong> <br>The Authorities have relieved the interest rates for turnover less than 5Crore in following format: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Month<\/td><td>Relief<\/td><\/tr><tr><td>February 2020<\/td><td>9% from June 30, 2020 to September 30, 2020<\/td><\/tr><tr><td>March 2020<\/td><td>9% from July 05, 2020 to September 30, 2020<\/td><\/tr><tr><td>April 2020<\/td><td>9% from July 09, 2020 to September 30, 2020<\/td><\/tr><tr><td>May 2020<\/td><td>9% from September 15, 2020 to September 30, 2020<\/td><\/tr><tr><td>June 2020<\/td><td>9% from September 25, 2020 to September 30, 2020<\/td><\/tr><tr><td>July 2020<\/td><td>9% from September 29, 2020 to September 30, 2020<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Notification 52\/2020- CGST<\/strong> <br>The Authorities have waived of late fee for GSTR-3B of registered person having turnover less than 5 Crore in following format: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Month<\/td><td>Relief<\/td><\/tr><tr><td>February 2020<\/td><td>June 30, 2020 <\/td><\/tr><tr><td>March 2020<\/td><td>July 05, 2020 <\/td><\/tr><tr><td>April 2020<\/td><td>July 09, 2020 <\/td><\/tr><tr><td>May 2020<\/td><td>September 15, 2020 <\/td><\/tr><tr><td>June 2020<\/td><td>September 25, 2020 <\/td><\/tr><tr><td>July 2020<\/td><td>September 29, 2020 <\/td><\/tr><tr><td>August 2020<\/td><td>October 03, 2020<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Also, there is further\nrelaxation on late fee due to non-filing of GSTR-3B for period from July\u2019 2017\nto January\u20192020 which is filed in period from July\u20192020 to September\u2019 2020 (restricted\nto Rs. 500\/- per return and Complete waiver of late fee for Nil Return).<\/p>\n\n\n\n<p><strong>Notification 53\/2020- CGST<\/strong> <br>Waiver of Late fee on filing GSTR-1 for below mentioned period: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Month<\/td><td>Relief<\/td><\/tr><tr><td>March 2020<\/td><td>July 10, 2020 <\/td><\/tr><tr><td>April 2020<\/td><td>July 24, 2020 <\/td><\/tr><tr><td>May 2020<\/td><td>July 28, 2020 <\/td><\/tr><tr><td>June 2020<\/td><td>August 05, 2020 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>For quarterly return<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>January to March 2020<\/td><td>July 17, 2020 <\/td><\/tr><tr><td>April to June 2020<\/td><td>August 03, 2020 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Notification 55\/2020- CGST<\/strong> <br>Extension of due dates for all other compliances as notified in Notification 35\/2020, with due dates from March 20, 2020 to August 30, 2020 which was earlier notified: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>on June 29, 2020 to August 30, 2020<\/li>\n\n\n\n<li>on June 30, 2020 to August 31, 2020<\/li>\n<\/ul>\n\n\n\n<p><strong>Notification 55\/2020- CGST{*}<\/strong> <br>The late fee of GSTR-3B for the month of May\u20192020 to July\u20192020 of registered persons having turnover exceeding 5Crores has been limited to Rs. 500\/- per return and no late fee for nil returnupto September 30\u2019 2020. <\/p>\n\n\n\n<p><strong>Circular 139\/2020- CGST<\/strong> <br>In relation to refund, it is clarified that refund of ITC may be limited to Invoices covered in GSTR-2A.  <br>However, for the ITC transferred through ISD, Import and inward supplies liable to RCM, would not be covered in above limitation. <\/p>\n\n\n\n<p><strong>Circular 140\/2020- CGST<\/strong> <br>GST may be levied on Director Remuneration of Independent Directors who are not employees of the company.   <br>It is clarified that any service rendered in the scope of employee-employer is not exigible to GST.   <br>Further if any remuneration\/ amount apart from salary, taxable under Section 194J of Income Tax Act (being technical\/ professional service) is chargeable to GST.  <\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\"><strong>GST Calendar \u2013June, 2020<\/strong><\/h2>\n\n\n\n<p class=\"has-text-align-center\"><strong>GSTR-3B for turnover less than 5Cr.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Extended Due Date<\/strong><\/td><td><strong>Due Date relates to<\/strong><\/td><td><strong>Interest<\/strong><\/td><td><strong>Late Fee<\/strong><\/td><\/tr><tr><td>June 30, 2020<\/td><td>Feb 2020<\/td><td>9%from June 30, 2020 to September 30, 2020<\/td><td>Rs. 100 per day after extended due date<\/td><\/tr><tr><td>July 05, 2020<\/td><td>Mar 2020<\/td><td>9% from July 05, 2020 to September 30, 2020<\/td><td>Rs. 100 per day after extended due date<\/td><\/tr><tr><td>July 09, 2020<\/td><td>Apr 2020<\/td><td>9% from July 09, 2020 to September 30, 2020<\/td><td>Rs. 100 per day after extended due date<\/td><\/tr><tr><td>September 15, 2020<\/td><td>May 2020<\/td><td>9% from September 15, 2020 to September 30, 2020<\/td><td>Rs. 100 per day after extended due date<\/td><\/tr><tr><td>September 25, 2020<\/td><td>Jun 2020<\/td><td>9% from September 25, 2020 to September 30, 2020<\/td><td>Rs. 100 per day after extended due date<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>GSTR-3B for turnover more than 5Cr.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Extended Due Date<\/strong><\/td><td><strong>Due Date relates to<\/strong><\/td><td><strong>Interest<\/strong><\/td><td><strong>Late Fee<\/strong><\/td><\/tr><tr><td>June 28, 2020<\/td><td>May 2020<\/td><td>Interest at 18%<\/td><td>Rs. 500\/- upto September 30, 2020<\/td><\/tr><tr><td>July 20, 2020<\/td><td>June 2020<\/td><td>Interest at 18%<\/td><td>Rs. 500\/- upto September 30, 2020<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Due dates for GSTR-1<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Extended Due Date<\/strong><\/td><td><strong>Due Date relates to<\/strong><\/td><td><strong>Late Fee<\/strong><\/td><\/tr><tr><td>July 10, 2020 <\/td><td>Mar 2020<\/td><td>Rs. 200\/- per day<\/td><\/tr><tr><td>July 24, 2020 <\/td><td>Apr 2020<\/td><td>Rs. 50\/- per day<\/td><\/tr><tr><td>July 28, 2020 <\/td><td>May 2020<\/td><td>Rs. 200\/- per day<\/td><\/tr><tr><td>August 05, 2020 <\/td><td>Jun 2020<\/td><td>Rs. 200\/- per day<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>Other Compliances<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Extended Due Date<\/strong><\/td><td><strong>Due Date relates to<\/strong><\/td><td><strong>Late Fee<\/strong><\/td><\/tr><tr><td>September 30, 2020<\/td><td>GSTR-9 for FY 2018-19<\/td><td>Rs. 200\/- per day, Not exceeding 0.25% of Turnover<\/td><\/tr><tr><td>August 31, 2020<\/td><td>Other Compliances<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the testing time the government has been supporting by deferring the compliance dates and capping Late fees. Clarification is offered by CBIC on the limitation of GSTR-2A mismatch would not apply on ITC from RCM, Imports and ISD and non exigibility of GST on Directors Remuneration to executive directors. Gujarat High Court, Ruling-1&nbsp;&nbsp; Om Sai Trader\u2013 Issue Involved: Validity [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[14,15],"tags":[8,77,76,7,9,78],"class_list":["post-199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-gst-department","tag-cgst","tag-due-date-extension","tag-due-dates","tag-gst","tag-gst-calendar","tag-gstr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Defer Levy: A Tool for Managing Cash Flow - Rnm India<\/title>\n<meta name=\"description\" content=\"Defer levy is a tool that allows businesses to delay the payment of certain taxes. 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