Conditional waiver of late fees & Interest for delay in furnishing GSTR-3B, based on aggregate turnover in the preceding previous year.
Notification No. 31 & 32/2020 – Central Tax
|
Conditional
waiver of late fee & Interest for delay in furnishing FORM GSTR-3B, based on aggregate turnover in the preceding previous year.
Notification No. 31 & 32/2020
– Central Tax |
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Turnover
Criteria |
Periods
|
Interest
|
Late
Fees |
Condition
If GSTR-3B
is filed |
|
More
than 5Cr |
Feb-2020
Mar-2020
Apr-2020
|
Nil-up to 15days from the
due date |
0.00
|
on or before 24/06/2020
|
|
9% after 15Days
|
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|
More
than 1.5Cr and up to 5Cr |
Feb-2020
Mar-2020
|
Nil
|
0.00
|
on or before 29/06/2020
|
|
Apr-2020
|
Nil
|
0.00
|
on or before 30/06/2020
|
|
|
Up
to 1.5 crores |
Feb-2020
|
Nil
|
0.00
|
on or before 30/06/2020
|
|
Mar-2020
|
Nil
|
0.00
|
on or before 03/07/2020
|
|
|
Apr-2020
|
Nil
|
0.00
|
on or before 06/07/2020
|
|
|
Please note due dates
for the given periods are not extended only given conditional waiver |
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If GSTR3B- not filed
on or before dates mentioned above Interest at 18% p.a. shall be charged from the due date of return, till the date on which the return is filed. In addition, regular late fee shall also be leviable for such delay along with liability for penalty. |
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