Keeping in view the difficult time due to COVID 19 ,the Government of India, through a set of notifications and circulars  have brought recent changes to provide relief by way of conditional waiver of late fees and/or levy of interest on filing of GSTR 1 and GSTR 3B after the prescribed due dates. 

In this regard, we have highlighted below the recent changes that will be effective for the period April –September 2020 on this matter.

Relief by waiver of LATE FEES for delay in furnishing Form GSTR 1

For taxpayers having aggregate turnover exceeding INR 1.5 Cr during the preceding Financial Year.

Tax period Original Due Date   Waiver of late fee if return filed on or before
April 11.05.2020 24.07.2020,thereafter LATE FEES @ INR 50 per day w.e.f 12.05.2020
May 11.06.2020 28.07.2020,thereafter LATE FEES @ INR 50 per day w.e.f 12.06.2020
June 11.07.2020 05.08.2020,thereafter LATE FEES @ INR 50 per day w.e.f 12.07.2020
July 11.08.2020 LATE FEES @ INR 50 per day w.e.f 12.08.2020
August 11.09.2020 LATE FEES @ INR 50 per day w.e.f 12.09.2020
September 11.10.2020 LATE FEES @ INR 50 per day w.e.f 12.10.2020

For taxpayers having aggregate turnover less than or equal to INR 1.5 Cr during the preceding Financial Year.

Tax period Original Due Date

 

Waiver of late fee if return filed on or before
April – June 31.07.2020 03.08.2020
July-Sept 31.10.2020 LATE FEES @ INR 50 per day w.e.f 01.11.2020

Relief by waiver of LATE FEES for delay in furnishing Form GSTR 3B

For taxpayers having aggregate turnover exceeding INR 5 Cr during the preceding Financial Year.

Tax period Original Due Date

 

Waiver of late fee if return filed on or before “NIL” LATE FEES Upto If return filed after the dates mentioned
April 20.05.2020 24.06.2020 24.06.2020 LATE FEES @ INR 50 per day w.e.f 21.05.2020
May 27.06.2020 No relief prescribed as on date 27.06.2020 LATE FEES @ INR 50 per day w.e.f 28.06.2020
June 20.07.2020 No relief prescribed as on date 20.07.2020 LATE FEES @ INR 50 per day w.e.f 21.07.2020
July 20.08.2020 No relief prescribed as on date 20.08.2020 LATE FEES @ INR 50 per day w.e.f 21.08.2020
August 20.09.2020 No relief prescribed as on date 20.09.2020 LATE FEES @ INR 50 per day w.e.f 21.09.2020
September 20.10.2020 No relief prescribed as on date 20.10.2020 LATE FEES @ INR 50 per day w.e.f 21.10.2020

For taxpayers having aggregate turnover less than or equal to INR 5 Cr during the preceding Financial Year.

Tax period Category of states Original Due Date

 

Waiver of late fee if return filed on or before “NIL” LATE FEES Upto If return filed after the dates mentioned
April A 22.05.2020 06.07.2020 06.07.2020 LATE FEES @ INR 50 per day w.e.f 23.05.2020
May 12.07.2010 12.09.2020 12.09.2020 LATE FEES @ INR 50 per day w.e.f 13.07.2020
June 22.07.2020 23.09.2020 23.09.2020 LATE FEES @ INR 50 per day w.e.f 23.07.2020
July 22.08.2020 27.09.2020 27.09.2020 LATE FEES @ INR 50 per day w.e.f 23.08.2020
August 01.10.2020 No relief prescribed as on date 01.10.2020 LATE FEES @ INR 50 per day w.e.f 02.10.2020
September 22.10.2020 No relief prescribed as on date 22.10.2020 LATE FEES @ INR 50 per day w.e.f 23.10.2020
April B 24.05.2020 09.07.2020 09.07.2020 LATE FEES @ INR 50 per day w.e.f 25.05.2020
May 14.07.2020 15.09.2020 15.09.2020 LATE FEES @ INR 50 per day w.e.f 15.07.2020
June 24.07.2020 25.09.2020 25.09.2020 LATE FEES @ INR 50 per day w.e.f 25.07.2020
July 24.08.2020 29.09.2020 29.09.2020 LATE FEES @ INR 50 per day w.e.f 25.08.2020
August 03.10.2020 No relief prescribed as on date 03.10.2020 LATE FEES @ INR 50 per day w.e.f 04.10.2020
September 24.10.2020 No relief prescribed as on date 24.10.2020 LATE FEES @ INR 50 per day w.e.f 25.10.2020

 Note 1: If the registered persons fail to furnish Form GSTR-3B returns for the tax periods (till July 2020 tax period), according to the condition above but furnish the returns till the 30th day of September, 2020, the total amount of late fee payable shall be completely waived if the tax payable is NIL and shall be capped at Rs 500 per return, in case of any tax liability.

Note 2: For the taxpayers having an aggregate turnover of more than Rs 5 Cr. in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of May, 2020 to July, 2020, by the due date but furnish the said return till the 30th day of September, 2020, the total amount of late fee shall be capped at Rs 500 per return and shall stand fully waived for those taxpayers where the total amount of tax payable in the said return is Nil.

Note 3: Taxpayers who are yet to file Form any month(s) from July, 2017 till Jan., 2020, can now file Form GSTR-3B from 1st July, 2020 till 30th Sept., 2020, without any late fee, for those months in which they did not have any tax liability. However, for the months they had a tax liability, their late fee would be capped at Rs 500 per return 

Relief by waiver of INTEREST for delay in furnishing Form GSTR 3B

For taxpayers having aggregate turnover exceeding INR 5 Cr during the preceding Financial Year.

Tax period Original Due Date

 

Benefit of lower interest rate if return filed on or before (C) Interest rate if return filed on or before the due date mentioned in column (C) Interest rate if return filed AFTER the due date mentioned in column (C)
April 20.05.2020 24.06.2020 Nil interest till 04.06.2020, and 9 % thereafter till 24.06.2020 18% interest from 25.06.2020 till the date of payment
May 27.06.2020 No relief prescribed as on date NIL Interest till 27.06.2020,and thereafter @ 18% if return filed after 27.06.2020 till the date of payment
June 20.07.2020 No relief prescribed as on date NIL Interest till 20.07.2020,and thereafter @ 18% if return filed after 20.07.2020,, till the date of payment
July 20.08.2020 No relief prescribed as on date NIL Interest till 20.08.2020,and thereafter @ 18% if return filed after 20.08.2020,, till the date of payment
August 20.09.2020 No relief prescribed as on date NIL Interest till 20.09.2020,and thereafter @ 18% if return filed after 20.09.2020,, till the date of payment
September 20.10.2020 No relief prescribed as on date NIL Interest till 20.10.2020,and thereafter @ 18% if return filed after 20.10.2020,, till the date of payment

For taxpayers having aggregate turnover less than or equal to INR 5 Cr during the preceding Financial Year.

Tax period Category of states Original Due Date

 

Benefit of lower interest rate if return filed on or before (D) Interest rate if return filed on or before the due date mentioned in column (D) Interest rate if return filed AFTER the due date mentioned in column (D)
April  

 

 

 

A

22.05.2020 06.07.2020 NIL 9 %  till 30.09.2020 and 18% thereafter till the date of payment
May 12.07.2010 12.09.2020 NIL 9 % till 30.09.2020 and 18% thereafter till the date of payment
June 22.07.2020 23.09.2020 NIL 9 % till 30.09.2020 and 18% thereafter till the date of payment
July 22.08.2020 27.09.2020 NIL 9 % till 30.09.2020 and 18% thereafter till the date of payment
August 01.10.2020 No relief prescribed as on date NA Interest @ 18% if return filed after 01.10.2020 till the date of payment
September 22.10.2020 No relief prescribed as on date NA Interest @ 18% if return filed after 22.10.2020 till the date of payment
April  

 

 

 

 

B

24.05.2020 09.07.2020 NIL 9 % thereafter till 30.09.2020 and 18% thereafter till the date of payment
May 14.07.2020 15.09.2020 NIL 9 % thereafter till 30.09.2020 and 18% thereafter till the date of payment
June 24.07.2020 25.09.2020 NIL 9 % thereafter till 30.09.2020 and 18% thereafter till the date of payment
July 24.08.2020 29.09.2020 NIL 9 % thereafter till 30.09.2020 and 18% thereafter till the date of payment
August 03.10.2020 No relief prescribed as on date NA Interest @ 18% if return filed after 03.10.2020 till the date of payment
September 24.10.2020 No relief prescribed as on date NA Interest @ 18% if return filed after 24.10.2020 till the date of payment

 Category A states- Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep

Category B states- Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi.

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