Procedure for NIL GSTR 3B filing through SMS
Send the following SMS to 14409 from authorized signatory mobile
" NIL GSTR 3B GSTIN Return period"
You will receive Verification code
Send following SMS again to 14409 to confirm filing
"CNF GSTR3B Verification code"
You will receive ARN for successful filing
2. Clarification Regarding Director’s Remuneration
Remuneration paid to Independent Directors and other directors who are not employees of company
Chargeable to GST under RCM
Remuneration paid to Directors who are also employee of the company
i. Remuneration which is declared as ‘Salaries’ in books and whose TDS is deducted under section 192 are not subjected to GST
ii. Remuneration which is declared ‘Other than Salaries’ in books and whose TDS is deducted under section 194 J are subjected to GST RCM
3. Relaxation for July 2017 to Jan 2020 GSTR 3B Return (Retrospective effect)
For GSTR 3B no late fee will be charged for nil returns
Maximum 500 per return (CGST and SGST each) in case of liability
Condition :- GSTR 3B furnished between 1.07.2020 to 30.09.2020
4. Relaxation to small taxpayers by reducing rate of interest for late filing of GSTR 3B for the period Feb 2020 to April 2020 to 9% from 18% if filed beyond specified dates but filed before 30-09-2020.
5. Relaxation for Taxpayers having aggregate turnover up to Rs. 5 Crore by waiver of late fee and Interest if the GSTR3B for the period May 2020 to July 2020 are furnished by Sep 2020.
6. Opportunity to file Revocation of cancellation of registrations upto 30-09-2020 for registration cancelled upto 12-06-2020.
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