Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part 1 & Part 2)

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) & composition taxpayers for the tax periods of March, April & May, 2021, vide Notn. Nos. 18/2021 & 19/2021, both dtd. 1st June, 2021. The details are summarized below:

A. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B

Sl.No. Tax Period Class of taxpayer
(Based on AATO)
Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 45 days From 61st day onwards
1 March, 2021 > Rs. 5 Cr. 20th April 9% 18% 18% 5th May, 2021
Up to Rs. 5 Cr 20th April Nil 9% 18% 19th June, 2021

Sl.No. Tax Period Class of taxpayer
(Based on AATO)
Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 30 days From 46th day onwards
1 April, 2021 > Rs. 5 Cr. 20th May 9% 18% 18% 4th June, 2021
Up to Rs. 5 Cr 20th May Nil 9% 18% 4th July, 2021

Sl.No. Tax Period Class of taxpayer
(Based on AATO)
Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 15 days From 31st day onwards
1 May, 2021 > Rs. 5 Cr. 20th June 9% 18% 18% 5th July, 2021
Up to Rs. 5 Cr 20th June Nil 9% 18% 20th July, 2021

B. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme

Sl.No. Tax Period Form Type Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 45 days From 61st day onwards
1 March, 2021 Form GSTR-3B (Quarterly) 22/24th April, 2021,(Group A/B) Nil 9% 18% 21/ 23rd June, 2021,(Group A/B)

Sl.No. Tax Period Form Type Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 30 days From 46th day onwards
1 April, 2021 Form GST PMT-06 25th May, 2021 Nil 9% 18% NA

Sl.No. Tax Period Form Type Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 15 days From 31st day onwards
1 May, 2021 Form GST PMT-06 25th June, 2021 Nil 9% 18% NA

C. Relaxations in filing Form CMP-08 for Composition Taxpayers:

Sl.No. Tax Period Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 45 days From 61st day onwards
1 March, 2021 (Qtr.) 18th April, 2021 Nil 9% 18% NA

This is for information and necessary action please.

Thanking You,
Team GSTN

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