GST Council Approves Amnesty Scheme in GST to Clean-up Pendency in Return Filing

43rd GST Council Meeting approves Amnesty Scheme under GST to clean-up pendency in GST return filing.

Agenda no. 9B(i) shows that GST Council has once again provided relief in GST late fees for previous GST Returns.

Picture attached for your kind reference:

Amnesty Scheme Details:

Tax period covered: July 2017 to April 2021

Late fees capped to a maximum of Rs. 500 (Rs. 250 CGST+ Rs. 250 SGST) per return for taxpayers who did not have any tax liability for the said tax periods.

Late fees capped to a maximum of Rs. 1000 (Rs. 500 CGST+ Rs. 500 SGST) per return for other taxpayers.

The reduced late fees would apply if GSTR-3B returns for these tax periods are furnished between 01.06.2021 to 31.08.2021.