Reduction and Waiver of Late Fees for filing of GSTR 3B from July 2017 to July 2020 for all Taxpayers
This article is an attempt to simplify GSTR 3B due dates in view of Notification No. 52/2020-Central Tax dated 24th June, 2020 and Notification No. 57/2020-Central Tax dated 30th June, 2020. This article is absolutely relevant for all categories of taxpayers who wish to file GSTR 3B return from July 2017 to July 2020.
|S.No.||Notification No. & Date||Category||Tax Period||Condition/ Due Date||Max Late Fees|
|1||52/2020 Central Tax-24.06.2020||1 . AT>5 crore in preceding FY||February 2020, March 2020 & April 2020||June 24, 2020||NIL|
|2. (a) AT≤ 5 crore in preceding FY||NIL|
|Principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep||Feb-20||June 30, 2020|
|Mar-20||July 3, 2020|
|Apr-20||July 6, 2020|
|May-20||September 12, 2020|
|Jun-20||September 23, 2020|
|Jul-20||September 27, 2020|
|2. (b) AT≤ 5 crore in preceding FY||NIL|
|Principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi||Feb-20||June 30, 2020|
|Mar-20||July 5, 2020|
|Apr-20||July 9, 2020|
|May-20||September 15, 2020|
|Jun-20||September 25, 2020|
|Jul-20||September 29, 2020|
|3. (a) If GST is payable||July 2017 to January 2017||July 1,2020 to September 30, 2020||Rs. 500 per return|
|3. (b) If GST is Not payable||July 2017 to January 2017||July 1,2020 to September 30, 2020||Nil|
|2||57/2020 Central Tax-30.06.2020||1. (a) Not Filed by specified date as above and having tax liability||As Abovementioned||Filed on or before September 30, 2020||Rs. 500 per return|
|1. (b) Not Filed by specified date as above and not having tax liability||As abovementioned||Filed on or before September 30, 2020||Nil|
|2. (a) AT>5 crore in preceding FY and having tax liability||May 2020 to July 2020||Filed on or before September 30, 2020||Rs. 500 per return|
|2. (b) AT>5 crore in preceding FY and not having tax liability||May 2020 to July 2020||Filed on or before September 30, 2020||Nil|
I. Maximum late fees for filing of GSTR 3B is Rs. 500/- per return irrespective of any category of taxpayer for the period from July 2017 to July 2020. However, late fees could even be less than even Rs. 500/- in some cases where there is delay of just few days.
II. Late fee for GSTR 3B will be NIL if there is no tax liability to pay in the return irrespective of any category of taxpayer or any tax period from July 2017 to July 2020.
III. As of now there is no clarification as to whether any refund will be granted to those taxpayers who have already paid huge amount of late fee in process of filing GSTR 3B.
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