CBIC provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers

Circular No. ES/218/2020-21                                                         26th June, 2020   

 

To : Members of the Council

  

Sub.: CBIC provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers

 

Dear Member,

 

This is to inform that CBIC has issued Notification No. 53/2020-Central Tax dated 24th June, 2020 by making amendments in Notification No. 4/2018– Central Tax, dated 23rd January, 2018, so as to provide relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers.

 

The amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who fail to furnish the details of outward supplies for the months or quarter mentioned in column (2) of the Table below in FORM GSTR-1 by the due date, but furnishes the said details on or before the dates mentioned in column (3) of the said Table:

 

S. No.

Month/ Quarter 

Dates

1

March, 2020

10th July, 2020

2

April, 2020

24th July, 2020

3

May, 2020

28th July, 2020

4

June, 2020

05th August, 2020

5

January to March, 2020

17th July, 2020

6

April to June, 2020

03rd August, 2020

 

Members may kindly make a note of the above.

  

Thanking you,

 

Yours faithfully,

 

S.BALARAJU

EXECUTIVE DIRECTOR  

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