Ministry of Finance Government of India

Recommendation of 43rd GST Council Meeting

GST Amnesty Scheme to provide relief to the GST Taxpayers

1. Late fee for non-furnishing of returns in FORM GSTR-3B for the tax periods from July, 2017 to April, 2021 has been reduced 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

Reduced rate of late fee would apply if return in FORM GSTR-3B for these tax periods are furnished between 01.06.2021 to 31.08.2021.

Relevant notification to implement the above recommendation is being issued.

2. 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:

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:
For taxpayers having aggregate turnover in preceding FY upto Rs.1.5 crores Rs.2000/- (Rs.1000/- each for CGST & SGST) per return
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
For taxpayers having aggregate turnover in preceding FY above Rs.5 crores Rs.10,000/- ( Rs.5000/- each for CGST & SGST) per return

3. 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 Rs.500/- ( Rs.250/- each for CGST & SGST) per return
Other Taxpayers Rs.2000/- (Rs.1000/- each for CGST & SGST) per return

4. 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 to be 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

5. 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 to be applicable on cumulative basis for tax periods April, May and June, 2021, to be applied in the return FORM GSTR3B for the tax period June, 2021

6. Compliance related relief for Taxpayers registered under Companies Act

Taxpayers registered under the Companies Act to be permitted to furnish GST returns by using Electronic Verification Code (EVC) instead of Digital Signature Certificate (DSC) till 31.08.2021

7. 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 May 2021 to be extended by 15 days. The revised due date is as under :

GST Return Month Due date Extended Due Date
FORM GSTR-1 May 2021 11.06.2021 26.06.2021

8. Compliance related relief for taxpayers who are under QRMP Scheme

Last date for uploading B2B invoices for the month of May, 2021 through Invoice Furnishing Facility (IFF) to be extended by 15 days. The revised last date is as under:

GST Form Month Last date Extended Last Date
FORM IFF May 2021 13.06.2021 28.06.2021

9. Compliance related relief for Composition Taxpayers

Due date for furnishing Annual return in FORM GSTR-4 for the FY 2020-21 to be extended to 31.07.2021

Now Due Date for GSTR-4, for FY 2020-21 is 31.07.2021

10. Compliance related relief for GST Taxpayers

Now Due Date for ITC-04, for QE March, 2021 is 30.06.2021

Due date for furnishing FORM ITC-04 (intimation of goods sent on job work) for the Quarter ending March, 2021 to be extended to 30.06.2021

Relevant notification to implement the above recommendation is being issued.

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