SUMMARY OF NOTIFICATIONS BY CBIC ON 24th June 2020
i. Waiver / Reduced rate of interest for delayed in filing of GSTR-3B for various months – (Notification No. 51/2020 – Central Tax dated 24th June 2020)
ii. Wavier of Late Fees for delay in filing of GSTR-3B for the returns from Feb 2020 till June 2020 – (Notification No. 52/2020 – Central Tax dated 24th June 2020)
iii. One-time scheme for Non-Fillers of return
iv. The late fees for GSTR-1 stands waived for the following months – (Notification No. 53/2020 – Central Tax dated 24th June 2020)
v. Prescribes the GSTR-3B Due date for the month of August 2020 – (Notification No. 54/2020 – Central Tax dated 24th June 2020)
A. Waiver / Reduced rate of interest for delayed in filing of GSTR-3B for various months
(Notification No. 51/2020 – Central Tax dated 24th June 2020)
| S.L (1) | Class of registered persons (2) |
Rate of interest (3) |
Tax period (4) |
| 1. | Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year | Nil for first 15 days from the due date, and 9 per cent thereafter till 24 th day of June, 2020 | February, 2020, March, 2020, April, 2020 |
| 2. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep | Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | February,2020 |
| Nil till the 3rd day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | March, 2020 | ||
| Nil till the 6th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | April, 2020 | ||
| Nil till the 12th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | May, 2020 | ||
| Nil till the 23rd day of September, 2020, and 9 per cent thereafter till the 30th day of |
June, 2020 | ||
| September 2020 Nil till the 27 th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | July, 2020 | ||
| 3. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | February, 2020 |
| Nil till the 5 th day of July, 2020, and 9 per cent thereafter till the 30 th day of September, 2020 | March, 2020 | ||
| Nil till the 9th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | April, 2020 | ||
| Nil till the 15th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | May, 2020 | ||
| Nil till the 25th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | June, 2020
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| Nil till the 29th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 | July, 2020. |
B. Wavier of Late Fees for delay in filing of GSTR-3B for the returns from Feb 2020 till June 2020
(Notification No. 52/2020 – Central Tax dated 24th June 2020)
| SL (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 GSTR-3B is furnished on or before the 24th day of June, 2020 |
| 2. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the | February, 2020 | If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020 |
| States of Chhattisgarh, Madhya Pradesh, Gujarat,
Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep |
March, 2020 | If return in FORM GSTR-3B is furnished on or before the 3 rd day of July, 2020 | |
| April, 2020 | If return in FORM GSTR-3B is furnished on or before the 6th day of July, 2020 | ||
| May, 2020 | If return in FORM GSTR-3B is furnished on or before the 12th day of September, 2020 | ||
| June, 2020 | If return in FORM GSTR-3B is furnished on or before the 23rd day of September, 2020 | ||
| July, 2020 | If return in FORM GSTR-3B is furnished on or before the 27th day of September, 2020 | ||
| 3. | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab,
Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West |
February, 2020 | If return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020 |
| March, 2020 | If return in FORM GSTR-3B is furnished on or before the 5th day of July, 2020 | ||
| April, 2020 | If return in FORM GSTR- 3B is furnished on |
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| Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | or before the 9th day of July, 2020 | ||
| May, 2020 | If return in FORM GSTR-3B is furnished on or before the 15th day of September, 2020 | ||
| June, 2020 | If return in FORM GSTR-3B is furnished on or before the 25th day of September, 2020 | ||
| July, 2020 | If return in FORM GSTR-3B is furnished on or before the 29th day of September, 2020 |
C. One-time scheme for Non-Fillers of return
Late fee has been waived or reduced for those registered persons who have failed to furnish GSTR-3B for the period July, 2017 to January, 2020, by the due date subject to provision that GSTR-3B has been furnished between 1st July, 2020 to 30th September, 2020.
| For Nil Tax Liability | There will be no Late Fees |
| For registered persons having tax liability | There will be a Max. late fees levied of Rs.250/- (under CGST & SGST) i.e. Rs 500/- |
D. The late fees for GSTR-1 stands waived for the following months
(Notification No. 53/2020 – Central Tax dated 24th June 2020)
| Sl. No. (1) |
Month/ Quarter (2) | Dates(3) |
| 1. | March, 2020 | 10th day of July, 2020 |
| 2. | April, 2020 | 24th day of July, 2020 |
| 3. | May, 2020 | 28th day of July, 2020 |
| 4. | June, 2020 | 05th day of August, 2020 |
| 5. | January to March, 2020 | 17th day of July, 2020 |
| 6. | April to June, 2020 | 03rd day of August, 2020 |
E. Prescribes the GSTR-3B Due date for the month of August 2020
(Notification No. 54/2020 – Central Tax dated 24th June 2020)
| SL (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 | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 20th Sept 2020 |
| 2 | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 01st Oct 2020 |
| 3 | Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi | August, 2020, | If return in FORM GSTR-3B is furnished on or before the 3rd Oct, 2020 |
Source- https://icmai.in/upload/Taxation/CBIC_24th_June_2020.pdf
