The CBIC vide Notification No. 9/2021 – Central Tax dated May 1, 2021 amended Notification 76/2018 – Central Tax dated December 31, 2018 to provide the relief by waiver of late fees for delay in furnishing of return in Form GSTR-3B for the months of March, 2021 & April 2021 and quarter January-March, 2021 as under:
Inserted of eighth proviso in Notification 76/2018 – Central Tax dated December 31, 2018 for waiver of amount of late fee payable for the class of registered persons who are required to furnish the return in Form GSTR-3B as per the table below –
|
S. No. |
Class of registered persons | Tax period |
Period for which late fee |
|
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 sub-section (1) of section 39 |
January-March, 2021 |
Thirty days from the due date of furnishing return |
The notification shall be deemed to have come into force with effect from April 20, 2021.
The Notification can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2021/05/No.-09-2021-Central-Tax.pdf