AMNESTY
SCHEME TO FILE PENDING FORM GSTR-4 RETURNS FROM JULY 2017 TO MARCH 2022 WITH
REDUCED LATE FEE BETWEEN 1.4.2023 TO 30.6.2023
the Goods and Services Tax Act, 2017 came into force
with effect from 1.7.2017 in India.
The Composition opted persons will have to submit quarterly
returns in FORM GSTR-4 along with payment of GST for the years 2017-18 to
2018-19.
The Composition opted persons will have to make payment GST
through GST PMT-08 quarterly and furnish Annual return in FORM GSTR-4.
Some composition opted persons failed to furnish returns
within the stipulated time and for such persons the Central Government on the
recommendations of the GST Council announced amnesty
scheme in order to facilitate the taxpayers to file pending GST Returns (Not
filed for the periods from July 2017 to March 2022) with certain directions that the amount of late
fee
payable under section 47 of the said Act shall stand
waived which is in excess of two hundred and fifty rupees and shall stand fully waived where the total amount of central tax payable in the said return is nil, for the registered persons who fail to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22 by the due date but furnish the said return between the period from the
1st day of April, 2023 to the 30th day of June, 2023.
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. 02/2023 – CENTRAL TAX
New Delhi, the 31st March, 2023
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) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council,
hereby makes the following further amendments in the notification of the Government of India, the Ministry of Finance
(Department of Revenue), No. 73/2017– Central Tax, dated the 29th December, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1600(E), dated the 29th December, 2017, namely:
—
In the said notification, after the sixth proviso, the following proviso shall be inserted, namely: —
“Provided also that the amount of late fee payable under section 47 of the said Act shall stand
waived which is in excess of two hundred and fifty rupees and shall stand fully waived where the total amount of central tax payable in the said return is nil, for the registered persons who fail to furnish the return in FORM GSTR-4 for the quarters
from
July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22 by the due date but furnish the said return between the period from the 1st day of April, 2023 to the 30th day of June, 2023.”.
[F. No. CBIC-20013/1/2023-GST]
(Alok Kumar)
Director
Note: The principal notification No. 73/2017– Central Tax, dated the 29th December, 2017 was published in the Gazette
of
India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1600(E), dated the 29th December, 2017 and was last amended, vide notification number 12/2022 – Central Tax, dated the 5th July, 2022 published in the Gazette
of
India, Extraordinary, Part II, Section 3,
Sub-section (i), vide number G.S.R. 515(E), dated the 5th July, 2022.