Due to the recent surge of COVID Cases across the country, certain reliefs in form of exemptions and extensions have been granted to taxpayers to ease their burden during these difficult times. With the sudden surge in cases of COVID 19, the Government in many states have imposed the compulsory lockdown due to which the normal operation of the businesses have adversely hampered and they are not able to comply with the day to day compliances. To deal with these difficult times the Government has allowed some extension in time limit in respect of various compliances or actions that needs to be done under the GST law. Further, the government has also provided some relief in respect of the interest on late payment of tax and waiver of late fee where GSTR-3B is filed belatedly.
We have summarized all the relief measures that has been notified/ allowed by the Government in the note. Please go through the same and in case any assistance is required then please feel free to contact us.
Read the complete update at: Relief and Extension due to COVID