CBIC provides one time amnesty by lowering/waiving of late fees for non furnishing of FORM GSTR-3B from July, 2017 to January, 2020 and also seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax

Circular No. ES/217/2020-21                                                         26th June, 2020   

 

To : Members of the Council

  

Sub.: CBIC provides one time amnesty by lowering/waiving of late fees for non furnishing of FORM GSTR-3B from July, 2017 to January, 2020 and also seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to July, 2020.

 

Dear Member,

 

CBIC has issued Notification No. 52/2020-Central Tax dated 24th June, 2020 by making amendments in Notification No. 76/2018– Central Tax, dated 31st December, 2018 to provide one time amnesty by lowering/waiving of late fees for non furnishing of FORM GSTR-3B from July, 2017 to January, 2020, and also, to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to July, 2020.

 

In the said notification,- (i) in the third proviso, for the Table, the following Table shall be substituted, namely : –

 

S. No.

Class of registered persons

Rate of interest 

Tax period

1

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

February, 2020, March, 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 up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep

February, 2020

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

March, 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 6th day of July, 2020

May, 2020

If return in FORM GSTR-3B is furnished on or before the 12th day of September, 2020

June, 2020

If return in FORM GSTR-3B is furnished on or before the 23rd day of September, 2020

July, 2020

If return in FORM GSTR-3B is furnished on or before the 27th day of September, 2020

3

Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi 

February, 2020

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

March, 2020

If return in FORM GSTR-3B is furnished on or before the 5th day of July, 2020 

April, 2020

If return in FORM GSTR-3B is furnished on or before the 9th day of July, 2020

May, 2020

If return in FORM GSTR-3B is furnished on or before the 15th day of September, 2020

June, 2020

If return in FORM GSTR-3B is furnished on or before the 25th day of September, 2020

July, 2020

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

 

 

(ii) after the third proviso, the following provisos shall be inserted, namely: –

 

“Provided also that the total amount of late fee payable for a tax period, under section 47 of the said Act shall stand waived which is in excess of an amount of two hundred and fifty rupees for the registered person who failed to furnish the return in FORM GSTR-3B for the months of July, 2017 to January, 2020, by the due date but furnishes the said return between the period from 01 st day of July, 2020 to 30th day of September, 2020:

 

Provided also that where the total amount of central tax payable in the said return is nil, the total amount of late fee payable for a tax period, under section 47 of the said Act shall stand waived for the registered person who failed to furnish the return in FORM GSTR-3B for the months of July, 2017 to January, 2020, by the due date but furnishes the said return between the period from 01st day of July, 2020 to 30th day of September, 2020.”.

 

Members may kindly make a note of the above.

  

Thanking you,

 

Yours faithfully,

 

S.BALARAJU

EXECUTIVE DIRECTOR  

 

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