WAIVER OF LATE FEE FOR BELATED SUBMISSION OF
GST RETURNS FOR THE PERIODS FROM MARCH 2021 TO MAY 2021
The Goods and Services Tax Act, 2017 came into force with effect from
1.7.2017 in India.
Due to the outbreak of second wave of COVID-19 the
Central Government has extended the last date to file GST Returns and waived
the late fees for certain periods vide Notification No.19/2021-Central Tax, dated
1.6.2021.
|
S. No. |
Class
of registered
persons |
Tax
period |
Period for which Late fee waived |
|
1. |
Taxpayers
having
an aggregate
turnover of more than rupees 5
crores in the preceding
financial year |
March, 2021 April, 2021 May, 2021 |
Fifteen days from
the due date of furnishing return |
|
2. |
Taxpayers
having
an aggregate
turnover of up to rupees 5 crores in the preceding
financial
year who are liable to furnish the return
as specified under sub-section (1) of section 39 |
March, 2021 April, 2021 May, 2021 |
Sixty days from
the due date of furnishing return Forty-five days
from the due date
of furnishing return Thirty days from
the due date of furnishing return |
|
3 |
Taxpayers
having
an aggregate
turnover of up to rupees 5 crores in
the preceding
financial year
who
are liable to furnish
the return as specified under proviso to sub- section (1)
of section 39 |
January- March, 2021 |
Sixty days from
the due date of furnishing return. |
The relevant Notification is given below for ready reference:
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-
section (i)]
Government of India Ministry
of Finance (Department of Revenue)
Central
Board of Indirect Taxes
and
Customs
Notification No. 19/2021 – Central Tax
New Delhi,
the 1st June, 2021
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 makes the
following further amendments in the notification of
the Government of India
in the Ministry of Finance (Department of Revenue), No. 76/2018– Central Tax, dated the
31st December, 2018, published in the Gazette of India, Extraordinary, Part II, Section
3, Sub-section (i) vide number G.S.R. 1253(E), dated the 31st December, 2018, namely:
—
In the said
notification,-
(i) in the eighth proviso,
with effect from the 20th day of May, 2021, for the Table, the
following Table shall be substituted, namely: —
“Table
|
S. No.
(1) |
Class
of registered
persons
(2) |
Tax
period
(3) |
Period for which
late fee waived
(4) |
|
1. |
Taxpayers
having
an aggregate
turnover of
more than rupees 5 crores in the preceding
financial year |
March, 2021, April,
2021 and May, 2021 |
Fifteen days
from
the
due date of furnishing return |
|
2. |
Taxpayers having
an aggregate
turnover of up to rupees 5 crores in
the preceding
financial
year who |
March, 2021 |
Sixty days
from the
due date
of furnishing return |
|
|
are liable to furnish the return as
specified under sub-section (1) of section 39 |
April, 2021 |
Forty-five days from
the
due date of furnishing return |
|
May, 2021 |
Thirty days from the
due date
of furnishing return |
||
|
3 |
Taxpayers
having
an aggregate
turnover of up to rupees 5 crores in
the preceding
financial year
who
are liable to furnish
the return as specified under proviso to sub- section (1)
of section 39 |
January-March, 2021 |
Sixty days
from the
due date of
furnishing return.”; |
(ii) after the eighth proviso, the following provisos
shall be inserted, namely: —
“Provided also that for the registered persons who failed to furnish the return in
FORM GSTR-3B for
the months /quarter of July, 2017 to April, 2021,
by the due date
but furnish the said return between the period
from the 1st day of June, 2021 to the 31st day of August, 2021, the total amount of late fee under section 47 of the said Act, shall
stand waived which is in excess of five hundred rupees:
Provided also that where
the total amount of
central tax payable
in the said return is
nil, the total amount of
late fee under section 47 of the said Act shall stand waived which is in excess of two hundred and fifty
rupees for the registered persons
who failed to furnish the return in FORM GSTR-3B for the months / quarter of July,
2017 to April, 2021,
by the due date but furnish the said return between the period from
the 1st day of June,
2021 to the 31st day of
August, 2021:
Provided also that the total amount of late
fee payable under section 47 of the
said Act for the tax period June, 2021 onwards or quarter ending
June, 2021 onwards,
as
the case may be, shall stand waived which is in excess of an amount as specified in
column (3) of the Table given below, for the class of registered persons mentioned
in the corresponding entry in column (2) of the said Table, who fail to furnish
the returns in FORM GSTR-3B by the due
date, namely: —
Table
|
S.
No. (1) |
Class of registered persons
(2) |
Amount
(3) |
|
1. |
Registered persons
whose total amount of central tax
payable in the said return is
nil |
Two hundred and
fifty rupees |
|
2. |
Registered persons
having an aggregate turnover of
up to rupees 1.5 crores in the preceding
financial year, other
than those covered under
S. No. 1 |
One thousand
rupees |
|
3. |
Taxpayers having
an aggregate turnover of more
than
rupees 1.5
crores and
up to rupees 5 crores in the
preceding financial year, other than those covered
under S. No. 1 |
Two thousand and
five hundred
rupees”. |
[F. No.
CBIC-20001/5/2021]
(Rajeev Ranjan) Under
Secretary to the Government of India
Note: The principal notification No. 76/2018-Central Tax, dated 31st December, 2018 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1253(E), dated the 31st December, 2018 and was last amended vide notification number 09/2021 – Central Tax, dated the 1st May, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 305(E), dated the 1st May, 2021.