Taxcharcha
GSTLatest

Waiver of late fee on filing GSTR 3B

The CBIC, on 1st May 2021, has notified the waiver of the late fee in respect of filing of the GSTR 3B by the Registered Taxable Person for the notified period vide Notification No. 09/2021 – Central Tax. The said notification shall become effective from 20th April 2021 onwards.

Class of Registered PersonTax PeriodPeriod for which late fee waived
Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial yearMarch 2021

April 2021

15 days from the due date of furnishing return
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 39March 2021

April 2021

30 days from the due date of furnishing return
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 sub-section (1) of section 39January – March 202130 days from the due date of furnishing return

 

Related posts

Restriction of entry into Income Tax Office at Civic Centre, Delhi

Team Taxcharcha

Analysis of Rule 36(4) – Additional 20% ITC

Team Taxcharcha

Clarification regarding GST rate on construction services provided to a Government entity in relation to construction such as Ropeway

Team Taxcharcha