GSTR-3B Return – Late Fee Waiver given By CBIC

Recently vide notification No.52/2020-Central Tax, dated 24.06.2020 has been issued. Late fees payable on delay filing of GSTR-3B return has been waived subject to conditions of filing the GSTR-3B return within due dates specified therein in the notification itself. Summary below is the for easy way for taxpayers :-

A – Taxpayer having aggregate turnover more than Rs.5 crores during preceding financial year

B – Taxpayer having aggregate turnover up to Rs.5 crores during preceding financial year

State Group – I-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.

C – Taxpayer having aggregate turnover up to Rs.5 crores during preceding financial year

State Group – II- 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.

Further the late fee waiver which announced during 40^th GST council meeting for the delay in filing of monthly return is as under as already notified vide the notification No.52/2020-Central Tax, dated 24.06.2020: