Finance Minister Extends GST Deadline As Traders Struggle Over Lockdown

New Delhi: The last date for filing of GST Returns for March, April and May 2020 has been extended to June 30, finance minister Nirmala Sitharaman announced today amid a number of relief measures following the crisis triggered by coronavirus. There have been expectations of GST relief as small traders and businessmen struggled over the last weeks as state after state announced lockdown and curfew.
Over the last few days, 30 states and union territories 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 announced curfew as increasing instances of lockdown violations were observed.

Most businesses have to file monthly GST returns for their sales. Some small businesses have to file quarterly returns. Ms Sitharaman today said they can file returns by June 30.

The finance minister also eased the rules for fees regarding cash withdrawals from ATMs and bank charges.

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