Legal Interpretation, though no Notification has been published in respect of Fianance Minister's announcement dated 24.03.2020:-
It has been stated in the Presee Release that no interest is payable for the delayed submission of GSTR-3B returns (must be submitted within 30.06.20) which are DUE IN THE MONTH OF MARCH'20, APRIL'20 & MAY'20 in case of below 5 cror turnover & 9% reduced interest is to be paid in case of above 5 crore turnove (if paid after 15 days from the 20th day, the current due date). It means, these provisions are applicable to the GSTR-3B returns to be filed for the MONTH OF FEBRUARY'20, MARCH'20 & APRIL'20 not for the months of March'20, April'20 & May'20.
That means, for the taxpayers having above 5 crore turnover the last date to pay tax (without interest) for the month of February'20 is 04.04.2020.
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