CBIC provides relief by waiver of late fees for delay in furnishing returns in Form GSTR-3B for February, 2020 to July, 2020 vide its Notification No. 52/2020- Central Tax dated June 24, 2020, which provides for one time amnesty by lowering/waiving of late fees for non-furnishing of Form GSTR-3B from July 2017 to January 2020 and also provide relief by a conditional waiver of late fee for delay in furnishing returns in Form GSTR-3B for tax periods of February 2020 to July 2020.
Waiver of late fees will be applicable if the GSTR-3B is filed on or before the dates given below in the table:
|
Month |
Category of Taxpayers |
||
|
|
Taxpayers with aggregate turnover more than Rs. 5 crores during preceding FY |
Taxpayers with aggregate turnover up to Rs. 5 crores during the preceding F.Y. whose principal place of business is in the states of: |
|
|
Chhatisgarh, MP, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamilnadu, Telangana, Andhra Pradesh, Daman & Diu, Dadra & Nagar haveli, Puducherry, Andaman & Nicobar and Lakshadweep |
Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, All North Eastern states including Assam, West Bengal, Jharkhand, Odisha, J&K, Ladakh, Chandigarh, Delhi |
||
|
Feb. 2020 |
24-06-2020 |
30-06-2020 |
30-06-2020 |
|
Mar. 2020 |
24-06-2020 |
03-07-2020 |
05-07-2020 |
|
Apr. 2020 |
24-06-2020 |
06-07-2020 |
09-07-2020 |
|
May 2020 |
|
12-09-2020 |
15-09-2020 |
|
Jun 2020 |
|
23-09-2020 |
25-09-2020 |
|
Jul 2020 |
|
27-09-2020 |
29-09-2020 |
One Time Amnesty Scheme:-
• Applicable for those taxpayers who failed to file GSTR-3B for the months of July 2017 to January 2020 by respective due dates.
• Such taxpayer can remove default by furnishing those returns.
• Late Fees will be levied as below:-
(a) Where tax payable is ‘Nil’ in such return:- Late fees will be Nil.
(b) In other cases:- Late fees CGST Rs. 250 + SGST Rs. 250 i.e. total Rs. 500 (subject to maximum Rs. 500 for IGST Act) per return
• The condition for waiver/relaxation in late fees is that the taxpayer shall furnish the said returns between the period from 01-07-2020 to 30-09-2020.
You can access the detailed Notification at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-52-central-tax-english-2020.pdf
