Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for the tax periods of March and April, 2021, through Central Tax Notification Nos. 08/2021 and 09/2021, both dated 1st May, 2021.

Government has further extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021, 11/2021, 12/20211, 13/2021, 14/2021, all dated 1st May, 2021. The details are summarized below:

A. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B

Sl.

No.

Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 15 days From 31st     day onwards
1 March, 2021 > Rs. 5 Cr. 20th  April 9% 18% 18% 5th  May, 2021
Up to Rs. 5 Cr 20th  April Nil 9% 18% 20th  May, 2021
 

 

2

 

April, 2021

> Rs. 5 Cr. 20th  May 9% 18% 18% 4th  June, 2021
Up to Rs. 5 Cr 20th  May Nil 9% 18% 19th  June, 2021

B. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme

Sl.

No.

Tax Period Class of taxpayer

(Based on AATO)

Due date of filing Reduced Rate of Interest Waiver of late fee till
First 15 days from due date Next 15 days From 31st     day onwards
 

1

 

March, 2021

Form GSTR-3B (Quarterly) 22/24th     April, 2021, (Group A/B) Nil 9% 18% 22/ 24th     May, 2021, (Group A/B)
2 April, 2021 Form GST PMT-06 25th  May, 2021 Nil 9% 18% NA

C. Relaxations in filing Form CMP-08 for Composition Taxpayers :

For Quarter of Jan-March, 2021, instead of 18th April, 2021, Composition Taxpayers can now file their quarterly return in Form CMP-08, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards.

D. Filing of Form GSTR-1/IFF by Normal Taxpayers:

Sl. No. Return Type(Form) To be filed by Tax period Due Date Due Date Extended till
1 Form GSTR-1 (Monthly) Normal Taxpayer filing Monthly returns April,

2021

11.05.2021 26.05.2021
2 Form IFF Normal Taxpayers under QRMP Scheme April,

2021

13.05.2021 28.05.2021

E. Filing of Returns by Composition, NRTP, ISD, TDS & TCS Taxpayers:

Sl. No. Return Type(Form) To be filed by Tax period Due Date Due Date Extended till
1 GSTR-4 Composition Taxpayers (Annual Return) FY 2020-21 30th April, 2021 31st May, 2021
2 GSTR-5 Non Resident Taxpayers (NRTP) March/ April, 2021 20th April/ May, 2021 31st May, 2021
3 GSTR-6 Input Service Distributors (ISD) April, 2021 13th May, 2021 31st May, 2021
4 GSTR-7 Tax Deductors at Source (TDS deductors) -do- 10th May, 2021 31st May, 2021
5 GSTR-8 Tax Collectors at Source (TCS collectors) -do- 10th May, 2021 31st May, 2021

F. Filing of Form ITC-04:

The due date for filing of Form GST ITC-04 (to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker) for the quarter Jan-March, 2021, (due date 25th April, 2021) has been extended till 31st May, 2021.

More Under Goods and Services Tax

5 Comments

  1. Urvil Sharma says:

    Gst Council meeting is going to happan on 28 may. Gst late fees is going to waived off
    i Can Help in saving Late Fees
    what’s up =931915526.3

  2. VelpuriVenkataRamana says:

    Thank-you sir R.Ramesh your suggestion for GST Amensty Schme Relief Taxpayer For CovidPendamic For All GST Returns Time Extended

  3. R RAMESH M.COM BBA GSTP says:

    From,
    TPr. R Ramesh M.Com, BBA, GSTP, HDSE,
    RR And Co
    GST Practitioner
    GSTP ID 331800002862GPN
    FEDERATION OF TAX PRACTITIONERS TAMILNADU
    146/147 Aziz Complex 1st Floor Big Street
    Pattukkkottai Thanjavur Dist
    Tamilnadu
    India – 614 601
    Email [email protected]
    Mobile No. 9159153140 99653 61319

    To,
    Hon.Smt. Nirmala Sitharaman
    Union Minister of Finance, Government of India &
    Chairperson – GST Council
    134, North Block, New Delhi – 110 001

    [email protected]
    Tel: 011-23762656

    Respected Sir/Madam,

    Sub: COVID-19 -2 Pandemic Lockdown – Tamil Nadu State Lockdown 10-05-2021 To 24-05-2021

    Relief COVID-19-2

    Request To All # – Government of India – Ministry of Finance -GST Council – #GSTAmnestySchemewithITC and Removal of GST-4 Annual Return 2019-20 CD

    Kindly Extend All the GST Returns, IT, MCA. More than 7 Months Waiting…..

    Waiver All the GST Late Fees.
    Save All.

    GST Portal , GST Network Failure

    More Indifference Between Income Tax and GST
    Income Tax Penalty Rs.1000/-

    GST Late Fees Transaction Dealers Above Rs.100000/-

    Nil Return Dealers ( No Business ) Above Rs.50000/-

    SAVE All India Tax Payers, Tax Professionals, GSTPs.

    #GSTAmnestySchemewithITC

    Extend All.

    GST Tax Rs.1000/- GST Late Fees Rs.100000/-

    Without Business GST Late Fees Rs.50000/-

    How to Possible Continue Small Traders, Small Tax Professionals Survival ….

    Ground Level Problems and All the Genuine Tax Payers and Genuine Tax Professionals Only Affected…

    Respected Sir/Madam,

    Every Month More than 1 Lakhs Tax Professionals, GSTPs, Efficiently Workings More Lakhs of Crores GST Revenues Collected.

    After 2017 To 2021

    Govt of India Without Support All India Tax Professionals, Tax Payers, MSMEs.

    Our Profession,???, Life ???, Family ???

    Relief COVID-19 1 & 2

    Reopen – Cancelled GSTIN.

    Request To All # – Government of India -Ministry of Finance – GST Council -Kindly Extend All the GST Returns, IT, MCA upto Six (6) Months.. Removal of GST-4 Annual Return 2019-20. #GstAmnestyWithITC

    Waiver All GST Late Fees.

    Kindly Issue GSTPs Certificate (Goods and Services Tax Practitioners) in GST Portal. Kindly Allow EVC Facilities in the GSTPs Login. All Over India All the GSTPs Certificates Not Issued, Waiting more than 3 Years.

    GST Council Meeting…

    Kindly Relief GST Late Fees

    Kind Attention CBIC – Relief Covid-19 1 & 2.

    India – After GST – 2017
    All Our Freedom and Holidays , Festival Days, Destroyed by GST Portal, CBIC.

    CBIC Fixed Due Dates on Sunday Holidays and Festival Holidays. Rigid Approach. All the Employees Not Available, Banks Closed, Shops Closed.

    How To Filing ???

    Relief COVID-19 1 & 2..

    All Over India All the Tax Professionals, All the GSTPs, National Federation of Tax Practitioners, and All the States Federation of Tax Practitioners, Trade Associations Representation to Government of India – Ministry of Finance – GST Council – CBIC.

    After 2017 To 2021 GST Portal and GST Network Server Problems Continued.

    All Over India All Tax Professionals, GSTPs, Faced Lot of Problems., and More Money Losses.

    Government of India – Ministry of Finance – CBIC -GST – 2019 Gaja Cyclone, Nivar Cyclone, Covid-19, 7 Months Waiting…..

    More Holidays, Bank Holidays May 21.

    Request To All # – Distance – and Extension GST – Relief Covid-19.

    GST, GST Portal and GST Filing Returns and Reconciliation Very Complicated.and
    More Dangerous. Future GST Return Filing ???

    Tax Profession ???

    All India Tax Professionals ???

    Every Day Changes … Dangerous…

    Relief COVID-19….

    All are Human Being. Pray to God -Save People. Save Tax Professionals, GSTPs, Tax Payers, MSMEs.

    One Nation One Tax More Forms More GST Late Fees.
    Destroyed Tax Professionals, Tax Payers

    Tamilnadu State and Other States Unique Identification.
    Culture, Language, Business, Standard of Living, Architecture, Temples. People, Etc

    GST Portal, GST Network 2017 To 2021 More Server Problems, OOPs, E-Payment Problems.

    Relief Covid-19

    All Over India All GSTPs, Tax Professionals, Tax Payers, MSMEs Faced More Financial Problems, Difficulties.

    More GST Late Fees.

    Kindly Extend All the GST Returns..

    GST Portal and GST Network 2017 To 2021 Continuous Server Problems, OOPs, Without User Friendly.

    More GST Late Fees. Without Satisfaction.

    Kindly Change GST Portal and GST Network
    More Pressure, Health Problems For All India Tax Professionals, GSTPs. Tax Payers.

    More GST Late Fees and Poor GST Portal and GST Network.

    Without Extension…..

    All the Small Traders ??? and Tax Professionals ??? MSMEs ???

    Tax Profession ???

    Save Indian Tax Profession…

    Waiver All the GST Late Fees and Other Late Fees…
    Kindly Extend All…
    GST New Registration Entry Free. GST Cancellation – Exit – GSTR -10 Final Return GST Late Fees Rs.10000/- (CGST Rs.5000/- + SGST Rs.5000/- )
    Kindly Waiver All GST Late Fees.

    Thanking You

    Yours Faithfully

    R Ramesh M.Com GSTP
    Date : 10-05-2021

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