CBIC provides relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

Circular No.ES/19/2020-21                                                        4th   April, 2020 

  To: Members of the Council 

 

 Sub.: CBIC provides  relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

 

Dear Member, 

 

We would like to inform you that CBIC has issued Notification No. 32/2020- Central Tax dated 3rd April, 2020  providing relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

 

The amount of late fee payable under Section 47 shall stand waived for the tax period as specified in the Table given below for registered persons who fail to furnish the returns in FORM GSTR-3B by the due date, but furnishes the said return according to the condition mentioned in the below Table, namely:--.

 

 

 

 

 

 

 

Sl. No.

Class of registered persons

Tax period

Condition

1

Taxpayers having an aggregate turnover of more than rupees 5 crores i n the preceding financial year

February, 2020, Math, 2020 and April, 2020

If return in FORM GSTR-3B is furnished on or before the 24th day of June, 2020

2

Taxpayers       having     an    aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year

February, 2020 and Math, 2020

If return in FORM GSTR-3B is furnished on or before the 29th day of June, 2020

April, 2020

If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020

3

Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year

February, 2020

If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020

Math, 2020

If return in FORM GSTR-3B is furnished on or before the 3rd day of July, 2020

April, 2020

If return in FORM GSTR-3B is furnished on or before the eh day of July, 2020.”.

 

This notification shall be deemed to have come into force w.e.f. 20th March, 2020.

 

Members may kindly make a note of the above.  

 

Thanking you, 

 

Yours faithfully, 

   

S. BALARAJU 

EXECUTIVE DIRECTOR 

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