Due Date & Late Fees and Interest for GSTR-3B from July 2017 to July 2020
CBIC has issued Notification No. 57/2020- Central Tax on 30th June, 2020 and has provided a big relief to taxpayers on GST Day (i.e. 1st July, 2020)
So Let’s have a look on the words of Notification :
“Provided also that for the class of registered persons mentioned in column (2) of the Table of the above proviso, who fail to furnish the returns for the tax period as specified in column (3) of the said Table, according to the condition mentioned in the corresponding entry in column (4) of the said Table, but furnishes the said return till the 30th day of September, 2020, the total amount of late fee payable under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived for those taxpayers where the total amount of central tax payable in the said return is nil:
Provided also that for the taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of May, 2020 to July, 2020, by the due date but furnish the said return till the 30th day of September, 2020, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived for those taxpayers where the total amount of central tax payable in the said return is nil.”
This notification shall be deemed to have come into effect from the 25th day of June, 2020.
After considering this notification and other previous important notifications waiving the late fees and interest, we have prepared the comprehensive lists of due date & late fees and interest for GSTR-3B from July 2017 to July 2020 (for both type of taxpayers), which are attached as under. You can download this lists by clicking “Download” button :
Important : For text appearing in Light Blue color in the lists, please download the same by links given below :
Disclaimer : IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS INFORMATION.
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