June 30 last date for filing GST returns for Mar, Apr and May 2020: FM Nirmala Sitharaman

Nirmala Sitharaman

The Hush Post| 5:29 pm|one-minute-read|

June 30 will be the last date for filing of GST Returns for March, April and May 2020. This was stated by finance minister Nirmala Sitharaman amid a number of relief measures after the crisis triggered by coronavirus.

There was expectation of GST relief as traders and businessmen struggled over the last weeks after announcement of lockdown and curfew by several states.

Over the last few days, 30 states and UTs have announced lockdown to check the spread of the virus. The latest on the list was Uttar Pradesh which moved from a partial to a complete lockdown. Himachal Pradesh also announced curfew as more and more cases were being reported. Yesterday, there was a death of a man of Tibetan origin who had flown to Dharamsala from the US.

Most businesses have to file monthly GST returns for their sales. Some small businesses have to file quarterly returns. The finance minister also eased the rules for fees regarding cash withdrawals from ATMs and bank charges.

Cash can be withdrawn from any ATM by debit card holders without any fee for the next three months, the minister said.
Also, bank charges will also be lowered and there will be no requirement for minimum balance, the minister said. Earlier today, the minister had tweeted: “Even as we are readying an economic package to help us through the corona lockdown (on priority, to be announced soon), I will address the media at 2 pm today, specifically on statutory and regulatory compliance matters via video conference.”

Leave a Reply