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Notification No. 08/2021 – Central Tax

Notification No. 08/2021 – Central Tax

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]

Government of India

Ministry of Finance

(Department of Revenue)

Central Board of Indirect Taxes and Customs

Notification No. 08/2021 – Central Tax

New Delhi, the 1st May 2021

G.S.R…..(E).- In exercise of the powers conferred by sub-section (1) of section 50 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with section 148 of the said Act, the Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2017 – Central Tax, dated the 28th June 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 661(E), dated the 28th June 2017, namely:–

(i) In the said notification, in the first paragraph, in the first proviso, in the Table after S. No. 3, the following shall be inserted, namely: –

(1)

(2) (3)

(4)

“4. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year 9 percent for the first 15 days from the due date and 18 percent thereafter March 2021, April 2021
5. 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 Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter March 2021, April 2021
6. 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 Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter March 2021, April 2021
7. Taxpayers who are liable to furnish the return as specified under sub-section (2) of section 39 Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter Quarter ending March 2021.”.

 

2. This notification shall be deemed to have come into force with effect from the 18th day of April 2021.

[F. No. CBEC-20/06/08/2020-GST]

 

(Rajeev Ranjan)

Under Secretary to the Government of India

 

Note: The principal notification number 13/2017 – Central Tax, dated the 28th June 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide number G.S.R. 661(E), dated the 28th June 2017 and was last amended vide notification number 51/2020 – Central Tax, dated the 24th June 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 404(E), dated the 24th June 2020.

Notification No. 08/2021 – Central Tax.

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