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Govt defers release of April GST data for coronavirus-related reasons: Report
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New Delhi: The government on Friday deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led to lower mop-up during the month, sources said.
The government had in March extended the deadline to file GST returns for entities with turnover of over ₹5 crore by 15 days from the due date without payment of any late fee, interest and penalty.
However, a reduced rate of 9 per cent interest will be levied if the return is filed after May 5 till June 30. For the business transaction in March, GST return was to be filed by April 20, which was extended till May 5.
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