GST Notification 19/2021 | For tax period Jul 17 to Apr 21 conditional waiver of late fees announced, for tax period Mar 21 to May 21 waiver for specified period announced and late fees rationalization announced on prospective GSTR 3B fining

GST Notification 19/2021-Central Tax ,dt. 01-06-2021

Waiver of late fees in case of delay in filing GSTR 3B announced in addition to the relief measures already provided to the taxpayers vide the notifications issued on 01.05.2021

Refer the table below

1. For tax period Jul 17 to Apr 21 conditional waiver of late fees announced

Criteria No late fees for Tax period Due date No late fees till
Monthly filers of GSTR 3B where turnover is up to 5 crores 60 days Mar 21 20th Apr 2021 19th June 2021
45 days Apr 21 20th May 2021 4th July 2021
30 days May 21 20th June 2021 20th July 2021
Monthly filers of GSTR 3B where turnover exceeds 5 crores 15 days Mar 21 20th Apr 2021 5th May 2021
Apr 21 20th May 2021 4th June 2021
May 21 20th June 2021 5th July 2021
Taxpayers who opted for quarterly filing and in Category A states/ UT’s 60 days Qtr – Mar 21 22nd Apr 2021 21st June 2021
Taxpayers who opted for quarterly filing and Category B states/ UT’s 60 days Qtr – Mar 21 24th Apr 2021 23rd June 2021

2. For tax period Mar 21 to May 21 waiver for specified period announced

Return type Maximum late fees cap per return Criteria
GSTR 3B Rs. 500
(Rs. 250 each for CGST and SGST)
Nil tax liability
Rs. 2000
(Rs. 1000 each for CGST and SGST)
Taxpayers having Annual Aggregate Turnover (AATO) in preceding year upto Rs 1.5 crore. (Not filing NIL return)
Rs. 5000
(Rs. 2500 each for CGST and SGST)
Taxpayers having Annual Aggregate Turnover (AATO) in preceding year between Rs 1.5 crore to Rs. 5 crores (Not filing NIL return)
Rs. 10000
(Rs. 5000 each for CGST and SGST)
Taxpayers having Annual Aggregate Turnover (AATO) in preceding year above Rs. 5 crores (Not filing NIL return)

3. Late fees rationalization announced on prospective GSTR 3B filing

 

GSTR 3B Maximum late fees per return Criteria
Nil return Rs. 500
(Rs. 250 each for CGST and SGST)
If filed GSTR 3B between 1st June to 31st August 2021
Having tax liability Rs. 1000
(Rs. 500 each for CGST and SGST)
If filed GSTR 3B between 1st June to 31st August 2021
Samaira Tolani

Samaira Tolani is a Chartered Accountant with 4 years of experience in Compliance and Financial Reporting. She is a GST expert, currently working with IRIS as GST Consultant . Before this, she was part of compliance team of Blue Star, Piramal Pharma and Novartis. A diploma holder in IFRS with ACCA, she loves listening to music, travelling and reading fiction.

There are 2 comments on this post
  1. MALHAR KULKARNI
    July 21, 2021, 11:15 am

    RESPCTED SIR

    REGARDING 1.JUNE 2021 AS PER NOTIFICATION GSTR-3B THEY ALLOWED FILLING GSTR 38 JULY 2017 TO APRIL21 NO 19/DATE1-06-2021
    WHAT IS THE MEANING OF THIS NOTIFICATION .I CAN FILLED WITH ITC CLAMED FROM JULY 2017 TO APRIL 21

    • August 06, 2021, 6:43 pm

      Hello Sir, Time limit to claim ITC against an Invoice or Debit Note is earlier of below dates: The due date of filing GST Return for September of next Financial year OR Date of filing the Annual Returns relevant for that Financial year.

      Hence claim only that amount of ITC which satisfies aforementioned condition. And purpose of this notification is just to restrict late fees for taxpayers who are yet to file returns

      Please note aforementioned stand is personal opinion of author and may not have legal relevance. As there are many tax professionals who are have different opinion. Also multiple writ petitions are filed and fought on this issue

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