1. Compliance burden reduced for GST Taxpayers
-Taxpayers with Annual Aggregate Turnover (AATO) upto 2 5 Crore not required to file the reconciliation statement in FORM GSTR-9C for FY 2020-21 onwards
-Taxpayers with AATO above 2 5 Crore can now self-certify the reconciliation statement in FORM GSTR-9C for FY 2020-21 onwards (instead of getting it certified by Chartered / Cost Accountant)
For more details, please refer to Notification Nos. 30/2021-Central Tax and 31/2021 – Central Tax both dated 30.07.2021
2. Removing Ambiguity for Taxpayers
-Retrospective Amendment in Section 5o of CGST Act w.e.f. 01.07.2021 .
-Interest to be paid on the delayed payment of tax on net cash basis*(not on gross tax)
*net tax liability after adjusting ITC
For more details, please refer to Notification No. 16/2021-Central Tax dated 01.06.2021
3. Late Fee Waived for delay in filing FORM GSTR-3B
| Eligible Taxpayers | For Tax Period | Due In | Late Fee waived for |
| AATO* above Rs. 5 crore | March 2021 | April 2021 | |
| April 2021 | May 2021 | 15 Days | |
| May 2021 | June 2021 | ||
| AATO*upto 5 crore- monthly Return Filers | March 2021 | April 2021 | 60 Days |
| April 2021 | May 2021 | 45 Days | |
| May 2021 | June 2021 | 30 Days | |
| AATO*upto 5 crore- Quarterly Return Filers | January-March 2021 | April 2021 | 60 Days |
For more details please refer to Notification No. 19/2021-Central Tax 01.06.2021
“Annual Aggregate Turnover
4. Rationalisation of late fee on account of delay in filing of return in Form GSTR-7.
Rationalization of late fee leviable on account of delay in furnishing Return in FORM GSTR-7 by Tax Deductors at Source for prospective tax periods (June, 2021 onwards)
- Late fee payable for delayed furnishing of return in FORM GSTR-7 has been reduced to Rs.50/- per day (Rs.25/- each for CGST & SGST) per Return
- Maximum amount of late fee is Rs.2000/- ( Rs.1,000/- each for CGST & SGST) per Return
For more details please refer to Notification No. 22/2021 – Central Tax dated 01.06.2021
5. Rationalisation of late fee on account of delay in filing of return in Form GSTR-4.
Rationalization of late fee leviable on account of delay in furnishing Return in FORM GSTR-4 by composition taxpayers for prospective tax periods (FY 21-22 onwards)
| Category of Taxpayers | Maximum amount of Late Fee |
| Taxpayers having NIL tax liability | 2500/- ( 250/- each for CGST & SGST) per Return |
| Other Taxpayers | 2000/- (Z 1000/- each for CGST & SGST) per Return |
For more details please refer to Notification No. 21/2021 – Central Tax dated 01.06.2021
6. Rationalisation of late fee on account of delay in filing of return in Form GSTR-3B and Form GSTR-1.
Rationalization of late fee leviable on account of delay in furnishing Return in FORM GSTR-3B and FORM GSTR-1 for prospective tax period (June, 2021 onwards)
To reduce burden of late fee on taxpayers, the late fee has been capped, as follows:
| Category of Taxpayers | Maximum amount of Late Fee |
| Taxpayers having nil tax liability/ nil outward supplies | Rs. 500/- Rs. 250/- each for CGST & SGST) per Return |
| Other Taxpayers: | |
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For more details please refer to Notification No. 19/2021 – Central Tax and Notification No. 20/2021 – Central Tax both dated 01.06.2021
7. Amnesty Scheme for Late Filers for GST Returns
Late fees for non-furnishing of return in FORM GSTR-3B for the tax period from July, 2017 to April, 2021, if filed during the period between 01.06.2021 to 30.11.2021 is as under:
| Category of Taxpayers | Maximum amount of Late Fee |
| Taxpayers having NIL tax liability during the respective tax period | Rs.500/- (Rs.250/- each for CGST & SGST) per Return |
| Other Taxpayers | Rs.1000/- (Rs.500/- each for CGST & SGST) per Return |
For more details Please refer to Notification No. 33/2021-Central Tax dated 29.08.2021 read with Notification No. 19/2021- Central Tax, dated 01.06.2021
8. Change in Rule 90(3) of CGST Rules
Time taken for communication of deficiency excluded for calculation of the limitation period
Change in Rule 90(3) of CGST Rules
Time period from the date of filing GST refund application (RFD 01) till the date of issuance of deficiency memo (RFD 03), shall be excluded while computing the limitation period of 2 years when a fresh refund application is filed after removal of the deficiency.
For more details, please refer to Notification No. 15/2021- Central Tax dated 18.05.2021
9. Insertion of Rule 90(5) and 90(6) of CGST Rules
Facility to withdraw the Refund application has been made available in certain cases while filing Form GST RFD-01W
For more details, please refer to Notification No. 15/2021- Central Tax dated 18.05.2021
10. Invoice Filing Facility (IFF)
Invoices to be furnished in FORM GSTR-1 once in a quarter
The scheme is available for registered persons having turnover upto Rs.5 Crore
Facility to furnish selected invoices (IFF) available on optional basis from 1″ to 13th of the succeeding month in first two months of the quarter
Remaining invoices to be furnished along with FORM/GSTR- 1
11. Quarterly Return and Monthly Payment (QRMP) Scheme for Small Taxpayers
- Returns (in FORM GSTR-3B) and Statement of outward supplies (in FORM GSTR-1) now made available on quarterly basis
- No longer monthly filing of returns or monthly furnishing of FORM GSTR-1
Small Taxpayers can now enjoy reduced Compliance Burden from the present 24 to 8 returns/ statements in a year under QRMP scheme
Choose to File only 4 returns (GSTR-3B) and furnish 4 statements of outward supplies (in Form GSTR-1) in a year, instead of present system of 12 returns/statements in a year
12. Quarterly Return and Monthly Payment (QRMP) Scheme For Taxpayers with annual turnover up to Rs. 5 Crore
√ File GST returns just once every quarter
√ Self assessment of ITC and Tax once every quarter
√ Enjoy Flexible Invoice Filing Facility (IFF)
√ Opt-In and Opt-Out of the Scheme easily
√ Pay monthly tax conveniently using fixed sum method or self-assessment method in first two months of a quarter.
13. Reduced Rate of Interest in lieu of normal rate of interest @18% per annum (p.a.)
| Eligible Taxpayers | For Tax Period | Rate of Interest (p.a.) & Period | ||
| 0% | 9% | 18% | ||
| AATO* above 5 Crore | March 2021 | First 15 Days | Thereafter | |
| April 2021 | ||||
| May 2021 | ||||
| AATO* upto 5 Crore (for normal Taxpayers and those under QRMP Scheme) | March 2021 | First 15 Days | Next 45 Days | Thereafter |
| April 2021 | First 15 Days | Next 30 Days | Thereafter | |
| May 2021 | First 15 Days | Next 15 Days | Thereafter | |
| Taxpayers under Composition Scheme | Quarter ending 31st March, 2021 | First 15 Days | Next 15 Days | Thereafter |
*Annual Aggregate Turnover
For more details please refer to Notification No. 18/2021-Central Tax 01.06.2021
14. Compliance related relief for taxpayers who are not under QRMP Scheme
Due date for furnishing details of outward supplies in FORM GSTR-1 for the month of April and May, 2021 was extended by 15 days
For more details, please refer to Notification No. 12/2021 – Central Tax dated 01.05.2021 and Notification No. 17/2021 – Central Tax dated 01.06.2021
15. Compliance related relief for taxpayers who are under QRMP Scheme
Last date for uploading B2B invoices for the month of April and May, 2021 through Invoice Furnishing Facility (IFF) was extended by 15 days
For more details, please refer to Notification No. 13/2021-Central Tax dated 01.05.2021 and Notification No. 27/2021- Central Tax dated 01.06.2021
16. Compliance related relief for Composition Taxpayers
Due date for furnishing Annual return in FORM GSTR-4 for the FY 2020-21 was extended to 31st July,2021
For more details please refer to Notification No. 25/2021 – Central Tax dated 01.06.2021
17. Compliance related relief for GST Taxpayers
Due date for furnishing FORM ITC-04 (intimation of goods sent on job work) for the Quarter ending March, 2021 was extended to 30th June, 2021
For more details please refer to Notification No. 26/2021 – Central Tax dated 01.06.2021
18. Compliance related relief for GST Taxpayers Amendment in Rule 36(4) of CGST Rules Relaxation in availment of Input Tax Credit (ITC)
105% cap on availment of ITC made applicable on cumulative basis for tax periods April, May and June, 2021 to be applied in the return FORM GSTR-3B for the tax period June, 2021
For more details please refer to Notification No. 27/2021- Central Tax dated 01.06.2021
19. Compliance related relief for GST Taxpayers
Facility of filing GSTR-3B/ GSTR-1 or submitting details of B2B invoices using IFF by companies using Electronic Verification Code (EVC) instead of Digital Signature Certificate was made available till 31.10.2021
For more details Please refer to Notification No. 32/2021- Central Tax dated 29.08.2021 read with Notification No. 07/2021- Central Tax dated 27.04.2021
20. Compliance related relief for GST Taxpayers Under Section 168A of the CGST Act
Time limits for completion of various actions by any authority/person was extended (subject to certain exceptions)
| For Period | Extended Upto |
| 15th April – 29th June, 2021 | 30th June, 2021 |
For more details, please refer to Notification No. 24/2021 – Central Tax dated 01.06.2021
21. Compliance related relief for GST Taxpayers
Timeline for filing of application for revocation of cancellation of registration (falling between 01.03.2020 to 31.08.2021) was extended till 30.09.2021
For more details, please refer to Notification No. 34/2021-Central Tax dated 29.08.2021 read with Circular No. 158/14/2021-GST dated 06.09.2021
What is it knowing which one need not know anything more? In case of GST law it is the norm of HARMONY stipulated in clause (6) of Article 279A for the GST Council to follow. Being enacted outside Part IV it preserves the jurisdiction of the Courts referred to in Article 37.