WAIVER OF PENALTY PAYABLE FOR NON-COMPLIANCE OF NOTIFICATON 14/2020 – CENTRAL TAX DATED 31.3.2020
The Goods and Services Tax Act,2017 came into force with effect from 1.7.2017.
The Central Government has now waived the amount of penalty payable by any registered person under section 125 of the said Act for noncompliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 197(E), dated the 21st March, 2020, between the period from the 01st day of December, 2020 to the 31st day of March, 2021, subject to the condition that the said person complies with the provisions of the said notification from the 01st day of April, 2021.
The relevant Notification is given below for ready reference
[To be published in the Gazette of
(i)]
Government of India Ministry
of Finance (Department of Revenue)
Central
Board of Indirect Taxes
and
Customs
Notification No. 89/2020 – Central
Tax
G.S.R……(E).
- In exercise
of the powers conferred by section
128 of the Central
Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the
Government, on the recommendations of the Council, hereby waives the amount of
penalty payable by
any registered person under section 125 of the said Act for non-
compliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March,
2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 197(E), dated the 21st March, 2020, between the period from the 01st day of
December, 2020 to the 31st day of March, 2021, subject to the condition that the said person complies with the provisions of the said notification
from the 01st day of April, 2021.
[F. No-CBEC-20/16/38/2020-GST]
(Pramod Kumar) Director,
Government
of