The Central Government vide various notifications dated 24th June has made the following reliefs to taxpayers regarding waiver of interest and late fee and extension of due dates:
- Waiver of interest & late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to July, 2020
- Extension of due date for furnishing FORM GSTR-3B for the month of August,2020
- Reduction/waiver of late fees for non-furnishing of past FORM GSTR-3B from July, 2017 to January, 2020
- Waiver late fee for delay in furnishing returns 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
Read detailed provisions below:
Please check the relevant notifications:
[Notification No. 51/2020- Central Tax dated 24th June, 2020]
[Notification No. 52/2020- Central Tax dated 24th June, 2020]
[Notification No. 54/2020- Central Tax dated 24th June, 2020]
[Notification No. 05/2020– Integrated Tax dated 24th June,2020]
[Notification No. 02/2020 – Union Territory Tax dated 24th June,2020]
[Notification No. 53/2020- Central Tax dated 24th June, 2020]