1. Waiver of Late Fees:No late fee will be charged for non-filing of GSTR 3B during the tax period from July, 2017 to January, 2020 if there is no tax liability.

Provided that GSTR 3B returns are furnished between July 1, 2020 to September 30, 2020.

2. Reduction in Late Fee:Reduction in late fee will be there for non-filing of GSTR 3B during the tax period from July, 2017 to January, 2020 if there is any tax liability. Maximum late fee has been capped at Rs. 500/- per return.

Provided that GSTR 3B returns are furnished between July 1, 2020 to September 30, 2020.

3. Option to Revoke Cancelled GST Registration: Any taxpayer whose GST registration has been cancelled between July 1, 2017 to June 12, 2020 has an option to file an application for restoration of his cancelled GST registration up to 30.09.2020.

4. Relief to Small Taxpayers for February, March and April 2020 Tax Periods:

Small taxpayers whose aggregate turnover is up to  Rs. 5 crore interest @ 9% instead of 18%, will be charged for return of February, March and April 2020 tax periods filed beyond extended due date (i.e. staggered up to July 6, 2020) but up to September 30, 2020. However, late fee may be levied for late filing of return for the said tax periods.

5. Relief to Small Taxpayers for May, June and July 2020 Tax Periods:

Small taxpayers whose aggregate turnover is up to Rs. 5 crore no interest and late fee will be charged for GSTR 3B return of May, June and July 2020 tax periods, if filed by September, 2020 (staggered dates to be notified).

Frequently Asked Questions (FAQs)

Q 1. I have not filed the GSTR 3B return for the tax periods from July, 2017 to January, 2020? Can I file now? If yes, what would be the late fee given that I have no tax liability?

Ans: Yes, one can file GSTR 3B of tax periods from July, 2017 to January, 2020, without paying any late fees which earlier was Rs. 20/- per day for subject to maximum Rs. 5000/- per return. However, to avail benefits of nil late fees one should file between 1.07.2020 to 30.09.2020.

Q 2. I have not filed the GSTR 3B return from July, 2017 to January, 2020? Can I file now? If yes, what would be late fees and interest given that I have tax liability to pay?

Ans: Yes, one can file GSTR 3B of tax periods till date, without paying any late fees which earlier was Rs. 20/- per day subject to maximum Rs. 5000/- per return. However, to avail benefits of nil late fees one should file between 1.07.2020 to 30.09.2020.

No relief has been granted in respect of interest liability on late payment of GST. Interest shall be levied @18% per annum.

Q 3. My GST registration is cancelled, can I revoke it?

Ans:  Any taxpayer whose GST registration has been cancelled between July 1, 2017 to June 12, 2020 has an option to file an application for restoration of his cancelled GST registration up to 30.09.2020.

Q 4. Waiver of/Reduction in late fees has been allowed for GSTR 3B filing which relates to tax period from July, 2017 to January, 2020. However, I have also not filed my GSTR 3B returns from February, 2020 to May, 2020, what about it?

Ans:  Broadly speaking you can file your GSTR 3B even for Feb 2020 to May, 2020 without any late fee irrespective of turnover.

However, if your annual turnover is above Rs. 5 crore you need to pay interest @ 9% per annum (instead of 18% p.a). No interest shall be levied if your turnover is upto Rs. 5 crore.

Q 5. What are the reliefs provided to small taxpayers for GSTR 3B of tax period February, 2020 to July, 2020?

Ans: Small taxpayers are those taxpayers whose aggregate turnover is below Rs. 5 crore.

Relief for February, March and April 2020 tax periods:

Broadly speaking:

No interest and late fee if it is filed by last week of June, 2020.

However, Interest @9% per annum and late fee shall be levied if it is filed between July 2020 to September, 2020.

Relief for May, June and July 2020 tax periods:

No interest and late fee shall be levied if it is filed up to September, 2020.

Q 6. I had paid late fee of Rs. 1 lakh for late furnishing of GSTR 3B returns, can I claim refund of late fee already paid?

Ans:  No refund can be claimed in respect of late fee already paid for late furnishing of GSTR 3B.

Author Bio

Qualification: CA in Practice
Company: N/A
Location: EAST DELHI, New Delhi, IN
Member Since: 03 Apr 2020 | Total Posts: 5
CA Satish Singh is a practicing Chartered Accountant. Besides, He also holds membership of ICSI. A B.com(H) graduate from Motilal Nehru College, Delhi University. He did his articleship training from M/S. Mohinder Puri & Co., Chartered Accountants a renowned Chartered Accountancy Firm. His Post View Full Profile

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4 Comments

  1. rutuja says:

    I have not filed the GSTR 3B return from July, 2017 to January, 2020? Can I file now? If yes, what would be late fees and interest given that I have tax liability to pay?

    1. CA. Satish Singh says:

      Dear Reader,

      Thanks for asking the question.

      Yes, you can file it now.
       
      1. Late fee for GSTR 3B would be as under:

      No tax liability: Nil
      Tax Liability: Rs. 500/- max per return
      Deadline: If filed between 1st July, 2020 to 30th September, 2020

      For more details about GSTR 3B late fee refer my article “Reduction and Waiver of Late fee for filing GSTR 3B” published by TaxGuru, link for the same is: https://taxguru.in/goods-and-service-tax/reduction-waiver-late-fees-filing-gstr-3b.html.

      2. Interest would be leviable @18% p.a. No relaxation has been given in respect of interest liability.

      Best Regards,
      CA. Satish Singh

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