Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns

Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns:

To provide relief to the taxpayers, late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2017 to April, 2021 has been reduced / waived as under: -

i. late fee capped to a maximum of Rs 500/- (Rs. 250/- each for CGST & SGST) per return for taxpayers, who did not have any tax liability for the said tax periods;
ii. late fee capped to a maximum of Rs 1000/- (Rs. 500/- each for CGST & SGST) per return for other taxpayers;

The reduced rate of late fee would apply if GSTR-3B returns for these tax periods are furnished between 01.06.2021 to 31.08.2021.(refer Notification No. 19/2021-central tax, dated 01/06/2021)

Updates:

To avail the benefit of waiver in late fee in Amnesty Scheme for the said period of July 2017 to April 2021 the return filing of GSTR 3B has been extended from existing last date 31/08/2021 to 30/11/2021. (refer Notification No. 33/2021- central tax, dated 29/08/2021)