The 43rd GST Council meeting under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing on Friday, 28th day of May, 2021 via video conferencing in New Delhi to discuss various matters which includes, GST Amnesty Scheme, Relaxation in Returns Filings, exemption on GST for hand sanitisers, face masks, gloves, PPE Kits, temperature scanners and other related medical equipment.
To help the Corporate Industries and small businesses, Finance Ministry notified the GST AMNESTY SCHEME FOR GSTR 3B LATE FEES in their press release to provide relief to small taxpayers. Amnesty scheme 2021 has been recommended for reducing late fee payable by small taxpayers & medium-sized taxpayers. Amnesty Scheme Recommended to Benefit around 89% GST Taxpayers at present.
Taxpayers can now file their pending returns without any high penalty and avail the benefits of this GST Amnesty scheme with reduced late fees.
♦ Relaxation Period:
Tax periods from July, 2017 to April, 2021. It means, Taxpayers can avail the benefits of this Amnesty Scheme on all GSTR 3B returns pending since July 2017 till April 2021. This was a much needed relief from the Department.
♦ Relaxation given in Late – Fee Payment:
Late Fee has been reduced / waived as under: –
| Sl. | Return Type (GSTR – 3B) | Relaxation in Late Fee |
| 1. | In case of Nil Return (No tax liability for the said tax periods) | Maximum Late fee capped: Rs. 500/- (Rs. 250- each for CGST & SGST) per return |
| 2. | In case of Return is not Nil (Tax liability is there for the said tax periods)
|
Maximum Late fee capped: Rs.1,000/- (Rs. 500- each for CGST & SGST) per return |
♦ Time Period to Avail GST Amnesty Scheme 2021:
GSTR – 3B shall be filed between 1.06.2021 to 31 August, 2021 to avail the benefit of reduced rate of late fees. It means that the pending GSTR 3B returns for the period, July, 2017 to April, 2021 shall be filed on or before 31st August, 2021.
♦ Relaxation Effective w.e.f. 01.06.2021
1. Relaxation in Late fees for Return Filings of GSTR 3 B and 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 is being capped, as follows:
| Taxpayer’s category | Relaxations in Late Fees
|
| 1. Taxpayers having nil tax Liability (Nil Return) | Rs. 500/- (Rs. 250/- each for CGST & SGST) per return |
| 2. For Taxpayers having Tax Liability: | |
| a) For taxpayers having aggregate turnover in preceding FY upto Rs. 1.5 crores | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
| b) For taxpayers having aggregate turnover in preceding FY between Rs. 1.5 crores to Rs. 5 crores | Rs. 5000/- (Rs. 2500/- each for CGST & SGST) per return |
| c) For taxpayers having aggregate turnover in preceding FY above Rs. 5 crores | Rs. 10000/- (Rs. 5000/- each for CGST & SGST) per return |
2. Relaxation in Late fees for Return Filings of 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).
| Taxpayer’s category | Relaxations in Late Fees |
| 1. Taxpayers having nil tax Liability (Nil Return) | Rs. 500/- (Rs. 250/- each for CGST & SGST) per return |
| c) For Other Taxpayers | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
3. Relaxation in availment of ITC under GST
Compliance related relief for GST Taxpayers Amendment in Rule 36(4) of CGST Rules Relaxation in availment of Input Tax Credit (ITC)
Relaxation: 105% cap on availment of ITC to be applicable on cumulative basis of tax periods April, May and June 2021, to be applied in the return GSTR – 3B for the Tax Period June, 2021.
4. Relaxation in Late fees for Return Filings of 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).
Relaxation Given:
| Filing Particulars | Relaxations |
| Late Fee payable for delayed furnishing of Return in Form GSTR – 7 | Rs. 50 Per day (Rs. 25/- each CGST & SGST) per return |
| Maximum amount of Late Fee Capped | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
*****
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information. In no event the authors shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.
Author Bio
Hi,
last date for Amnesty scheme is 30/11/2021.
If anyone needs help in saving late fees
What’s up me 9166.387878
As an composition dealer, Should i pay any late fee for Unpaid return for 2 quarter, from Jan to June 2021,
Sir till date their is no provision of any late fee on cmp-08.
But you should file it on time.
Hi, Our company is a registered MSME company. For a project, we signed an agreement with a multinational company. Till last year we got regular payments and filed GST. But for an Invoice, we submitted our Invoice in Jan ’21 and till now not received the payment so till now neither I filed my Quarterly GST return and nor the GST. Now I got a notice from GST. Let me know is there any relaxation for the interest on GST and Late fine. Your support will be highly appreciated. Thanks Rajiv
It is still showing a penalty of 10000 for GSTR-4 for F.Y 2018-19 Q3.
Can I get confirmation that this Late Fee Waiver Scheme is Applicable for Composition Dealers or Not..?
you can get relaxation after filing Q3 only because the Penalty Q3 is already arived for Q2 delay filing so you cannot get relaxation for the Particular period sir.
Contact me for GST Return, Income Tax Return Filling and for Excess TDS Refund on Mob : 8108910164
Contact me for GST Return and Income Tax return filling and for Excess TDS Refund
Amnesty scheme late fees not showing on GST site… when it will be shown for public and useful to public???
If you have any update pls share. Thank you.
Hi, there is a way to save late fees.
you even need not pay 500rs per months late fees on nil return filing
what’s me at 916638.7878
can you help me out how to file gst return without latefee
Sir, can u help me to file nil return without late fee pls
It has not been implemented yet in GST portal does not show any relaxation. Can we know the exact dates? only old late fee is shown what to do pl explain
Also for the GST3b shown only late fees amount previous calculation only. how to rectify it.
When will the scheme get updated on Gst portal??
we are unable to get relaxation for 3b return september – 2017
how to make it
Sir,
Good afternoon.
We heard about this amnesty scheme for late gst 3b return filing.
Can you please confirm that,
1) will this scheme applied even after receiving asmt 13 ?
2) we have to pay from Nov 2018 to Nov 2019 gst 3b (we have filed gst R1 already, only pending with gst 3B)
Actual amount = 56.6 lakhs
Intrest = 22.4 lakhs
Penalty = 5.5 lakhs
What will happen now ?
How much should i pay ?
If yes, then help me how to apply for it through gst commissioner and mention if there is any section number for same.
Thanks and regards,
JS Reddy
Hi
GSTR 4 Pending (Quarterly) Pending From 01/07/2018 To 31/03/2021 How Much Late Fees Payable?
Same as earlier no amnesty schema for 2017-2021 for GSTR4 Returns
But stll showing a penalty of 10000 for GSTR 4 of Q3 of 2018-19. please mail me ghow can i avoid this penalty
The GST Portal not updated regarding Reduction of Late Fee even after 12 days.When it is going to update or do we have any other alternative to file the Return with Late fee of 500/1000
For the year 19-20 Quarterly returned period,
GSTR- 3B is filed and tax is paid , before due date of 3B.
GSTR -1 is submitted not filed in 19-20 but filed in March 21, System accepted without demanding any late fee or otherwise.
Status of filling GSTR-1 shows filed. But customer is getting message that ITC is not available duty delayed filling of GSTR1.
Pls. guide the procedure to come out from this problem
sir what to do when gst registration has cancelled on 04.02.2019 how to revoke ?
Sir just file the pending returns till the date of cancellation of get no. 04-02-2019 and after that file an appeal for revokation,after filling an appeal if appeal is taking much time than you just contact to your local sales tax department for your revokation appeal.
GST Amnesty is applicable to GSTR-3B only of GSTR-1 also??
whether GST Amnesty Schemes applicable to cancelled GSTIN, its cancelled in Jan 2021, But Returns pending from March 2020.
Yes sir you can file your pending returns with the max penalty of :- 500/- Rs. on nill return and 1000/- Rs. on data return ( if you are regular dealer) and after that it is upto you whether you want to continue or want to surrender your GST no.
I already file my GST returns with fine so above Rs. 500/- fine may i get back?
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates on which it will reflect the amensty. Will it happen or not?
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates?
It is stillshowing the same old late fees calculated by system. when will this new scheme get updated on GST Portal?
Till now showing late fee 10000/- in gst portal , when it will be update
GST late fee already shows in portal can not be deleted nor rectified. What to do ?
As per GST Amnesty Scheme it’s implementation date was 01.06.2021 but still it shows old Late fee. Can you guide us when it will be implement.
It is stil showing a penalty of 10000 for GSTR-4 for F.Y 2018-19 Q3.
Can i get confirmation that these Late Fee Waiver Scheme is Applicable for Composition Dealers or Not..?
Any relaxation for non filing of GSTR 9, Annual Return?
It’s still showing old late 10000 ( 5000 for SGST , 5000 for CGST)
i am not file from aug 2017 in comosion scheam.now gst penalty is show ig gst web site is 10000 per quater .is it possible to decrease 500 per quater? can you help me
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates?
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates?
also for me gstr3b shown only late fees amount previous calculation only how to rectify
It is not showing in gst portal yet.
Showing old gst late fee while filing returns
Same with me too
it has not working February 2021 GSTR3b shown same rate pls confirm its working or not
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates?
It has not been implemented yet as GST portal does not show any relaxation. Can we know the exact dates?