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Conditional Waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

Notification No. 32/2020 – Central Tax

G.S.R…..(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the said Act, the Government, on the recommendations of the Council, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 76/2018– Central Tax, dated the 31st December 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide number G.S.R. 1253(E), dated the 31st December 2018, namely:–

In the said notification, after the second proviso, the following proviso shall be inserted, namely: –

“Provided also that the amount of late fee payable under section 47 shall stand waived for the tax period as specified in column (3) of the Table given below, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who fail to furnish the returns in FORM GSTR-3B by the due date, but furnishes the said return according to the condition mentioned in the corresponding entry in column (4) of the said Table, namely:–.

S. No. (1) Class of registered persons (2) Tax period (3) Condition (4)
1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year February 2020, March 2020 and April 2020 If return in FORM GSTR3B is furnished on or before the 24th day of June 2020
2. Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year

 February 2020 and March 2020

 

April 2020

 If return in FORM GSTR-3B is furnished on or before the 29th day of June 2020 

If return in FORM GSTR3B is furnished on or before the 30th day of June 2020

3. Taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year

February 2020

 

March 2020

 

April 2020

If return in FORM GSTR3B is furnished on or before the 30th day of June 2020

If return in FORM GSTR3B is furnished on or before the 3 rd day of July 2020

If return in FORM GSTR3B is furnished on or before the 6th day of July 2020.”.

2. This notification shall be deemed to have come into force with effect from the 20th day of March 2020.

Note:

The principal notification No. 76/2018-Central Tax, dated 31st December 2018 was published in the Gazette of India, Extraordinary, vide number G.S.R. 1253(E), dated the 31st December 2018.

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Conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

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