GSTR -3B

• Those having aggregate annual turnover less than Rs. 5 Crore can file GSTR-3B due in March, April and May 2020 by the last week of June 2020,
• No interest, late fee, and penalty to be charged. –
• Those having aggregate annual turnover Rs. 5 Crore and above can file returns due in March, April and May 2020 by last week of June 2020 but the same would attract reduced rate of interest @9 % per annum from 15 days after due date (current interest rate is 18 % per annum).
• No late fee and penalty to be charged, if complied before till 30th June 2020.

• • Section-44AB
  • Limit is 1 crore to 5 crore
  • Limit of 5 crore only if–
  • Total receipt in cash do not exceed 5 percent and
  • Total payment in cash do not exceed 5 percent

Some companies pay Directors sitting fees. or Professional Charges.

Since it is not a Salary, so, it is not exempt service.

Reverse charge GST must be done

EPF last date, for March NOT EXTENDED till date. So, as of now, It remains 15.4.2020. So, please arrange…..

Despite the CORONA COVID 19 lockdown

Due to Corona covid19, the ESI last date extended for March from 15th April to 15th May.

Please see that all