CBIC provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers vide Notification No. 53/2020-Central Tax Dated 24th June, 2020.

Ministry of Finance
(Department Of Revenue)
(Central Board of Indirect Taxes and Customs)

Notification No. 53/2020-Central Tax

New Delhi, the 24th June, 2020

G.S.R. 406(E).—In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 4/2018-Central Tax, dated the 23rd January, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide number G.S.R. 53(E), dated the 23rd January, 2018, namely:-

In the said notification, for the third proviso, the following proviso shall be substituted, namely: –

“Provided also that the amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who fail to furnish the details of outward supplies for the months or quarter mentioned in column (2) of the Table below in FORM GSTR-1 by the due date, but furnishes the said details on or before the dates mentioned in column (3) of the said Table:-

TABLE

Sl. No. Month/ Quarter Dates
(1) (2) (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.”.

[F. No. CBEC-20/06/09/2019-GST]
PRAMOD KUMAR, Director

Note: The principal notification No. 4/2018- Central Tax, dated the 23rd January, 2018, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide number G.S.R. 53(E), dated the 23rd January, 2018 and was last amended by notification No. 33/2020- Central Tax, dated the 3rd April, 2020, published in the Gazette of India, Extraordinary, vide number G.S.R. 233(E) dated the 3rd April, 2020.

————————

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
CORRIGENDUM

New Delhi, the 25th June, 2020

G.S.R. 413(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 53/2020-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. 406(E), dated the 24th June, 2020, at page 12, in line 17, for the words “third proviso”, read “fourth proviso”.

[F. No. CBEC-20/06/09/2019-GST]
PRAMOD KUMAR, Director

Source- http://egazette.nic.in/WriteReadData/2020/220171.pdf

————————

Links and Details of 9 GST Notification & one GST Instruction issued by CBIC on 24.06.2020

S. No. Title Notification No. Date
1. GST Payment by Builders- Form DRC-03 for Shortfall from 80% Instruction No. 3/2/2020- GST 24/06/2020
2. CBIC reduces interest rate for tax periods from Feb to July 2020 Notification No. 05/2020 –Integrated Tax/G.S.R. 410(E). 24/06/2020
3. Amendment to section 25 of IGST Act, 2017 notified wef 30.06.2020 Notification No. 04/2020 –Integrated Tax/G.S.R. 409(E). 24/06/2020
4. GST interest rate for tax periods from February 2020 to July 2020 Notification No. 02/2020–Union Territory Tax/G.S.R. 408(E) 24/06/2020
5. GSTR-3B due date- August 2020- Annual turnover up to Rs. 5 crore Notification No. 54/2020-Central Tax/G.S.R. 407(E) 24/06/2020
6. Waiver of late fee for delay in filing GSTR-1- March to June 2020 Notification No. 53/2020-Central Tax/G.S.R. 406(E) 24/06/2020
7. CBIC notifies one time amnesty for non furnishing of GSTR-3B Notification No. 52/2020-Central Tax/G.S.R. 405(E) 24/06/2020
8. Interest rate (Feb to July 2020) for delayed filing/payment of GSTR 3B Notification No. 51/2020-Central Tax/G.S.R. 404(E) 24/06/2020
9. CBIC amends GST Rates under GST Composition Scheme Notification No. 50/2020-Central Tax/G.S.R. 403(E) 24/06/2020
10. CBIC notifies 4 GST Amendment of Finance Act 2020 w.e.f. 30.06.2020 Notification No. 49/2020-Central Tax/G.S.R. 402(E)

 

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