CBIC amends Notification No. 76/2018-Central Tax in order to provide waiver of late fees for specified taxpayers and specified tax periods

Circular No. ES/34/2021-22 3^rd May, 2021

To: Members of the Council

Sub: CBIC amends Notification No. 76/2018-Central Tax in order to provide waiver of late fees for specified taxpayers and specified tax periods

Dear Member,

We would like to inform you that CBIC has issued Notification No. 09/2021–Central Tax dated 1^st May, 2021 by making the following further amendments in Notification No. 76/2018– Central Tax dated 31^st December, 2018 to provide waiver of late fees for specified taxpayers and specified tax periods.

In the said notification, after the seventh proviso, the following proviso shall be inserted, namely:

“Provided also that the amount of late fee payable under section 47 shall stand waived for the period as specified in column (4) of the Table given below, for the tax period as specified in the corresponding entry in column (3) of the said Table, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who fail to furnish the returns in FORM GSTR-3B by the due date, namely:-

S. No.	Class of registered persons	Tax period	Period for which late fee waived
1)	Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year	March, 2021 and April, 2021	Fifteen days from the due date of furnishing return
2)	Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under sub-section (1) of section 39	March, 2021 and April, 2021	Thirty days from the due date of furnishing return
3)	Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under proviso to subsection (1) of section 39	January-March, 2021	Thirty days from the due date of furnishing return.”.