Summary of the notifications issued by CBIC dated 15th October 2020

Summary of the important notifications issued by CBIC dated 15th October 2020 the Central Goods and Services Tax Act, 2017

GSTR 3B due date

Notification No. 74/2020- Central Tax dated October 15, 2020*

Due date for filing Quarterly GSTR-1 
The registered persons having aggregate turnover of up to INR 1.5 crore in the preceding financial year or the current financial year in the following manner:


Notification No. 75/2020- Central Tax dated October 15, 2020*

Due date for filing monthly GSTR-1
For the months from October, 2020 to March, 2021 the due date will be eleventh day of the month succeeding such month.
*Notification No 83/2020-Central Tax dated November 10th, 2020 issued 

Notification No. 76/2020-Central Tax dated October 15, 2020

Due date for filing monthly GSTR-3B
Due date for filing monthly GSTR-3B for taxpayers with turnover above Rs. 5 Cr will be 20th of the month succeeding such month.

For taxpayers having turnover up to Rs. 5 Cr due date for States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands or Lakshadweep will be 22nd of the month succeeding such month. 

For taxpayers having turnover up to Rs. 5 Cr due date for the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi will be 24th of the month succeeding such month

Notification No. 77/2020 – Central Tax dated October 15, 2020

Annual return in form GSTR-9 optional for taxpayers having turnover up to 2 Cr for FY 2019-20. Earlier vide notification no 47/2019-CGST annual return was made optional for FY 2017-18 & FY 2018-19.

Notification No. 78/2020- Central Tax dated October 15, 2020 &Notification No. 06/2020-IGST

HSN code on invoices
Earlier HSN code was not mandatory on invoices for taxpayers with turnover less than 1.5 Cr, now CBIC has stated w.e.f 01/04/2021 HSN on invoices mandatory for all taxpayers irrespective of turnover. However length of HSN will be in the following manner:
HSN code on invoices
However, for B2C transaction HSN not mandatory for taxpayers with turnover up to Rs.5Cr

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