CBIC has issued Notification No.
57/2020 on 30.06.2020 to prescribe maximum amount of penalty if GSTR3B is filed
up to 30.09.2020. The said relief is for both class of taxpayers i.e. taxpayers
having turnover up to Rs. 5 crores or more than 5 crores.
Notification No. 57/2020 - Central Tax dated 30th June 2020
GSTR-3B – Taxpayers having turnover
more than Rs. 5 crore in the preceding year
|
Tax Period |
No penalty if return is filed up to |
Maximum Penalty if return is filed up
to 30.09.2020 ( Notification No. 57/2020) |
|
February
2020 |
24.06.2020 (Notification
No. 52/2020) |
ZERO
in case of NIL Returns & Rs.
500/- in case of other than NIL Return (Notification
No. 57/2020) |
|
March
2020 |
24.06.2020 (Notification
No. 52/2020) |
|
|
April
2020 |
24.06.2020 (Notification
No. 52/2020) |
|
|
May
2020 |
27.06.2020 (Notification
No. 52/2020) |
|
|
June
2020 |
20.07.2020 (Notification
No. 52/2020) |
|
|
July
2020 |
20.08.2020 (Notification
No. 52/2020) |
GSTR-3B – Taxpayers having turnover
up to Rs. 5 crore in the preceding year
(For
taxpayers whose 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)
|
Tax Period |
No penalty if return is filed up to |
Maximum Penalty if return is filed up
to 30.09.2020 ( Notification No. 57/2020) |
|
February 2020 |
30.06.2020 (Notification
No. 52/2020) |
ZERO in case
of NIL Returns & Rs. 500/- in
case of other than NIL Return (Notification
No. 57/2020) |
|
March 2020 |
03.07.2020 (Notification No. 52/2020) |
|
|
April 2020 |
06.07.2020 (Notification
No. 52/2020) |
|
|
May 2020 |
12.09.2020 (Notification No. 52/2020) |
|
|
June 2020 |
23.09.2020 (Notification
No. 52/2020) |
|
|
July 2020 |
27.09.2020 (Notification No. 52/2020) |
|
|
August 2020 |
01.10.2020 (Notification
No. 54/2020) |
NOT
APPLICABLE |
GSTR-3B – Taxpayers having turnover
up to Rs. 5 crore in the preceding year
(For
taxpayers whose 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)
|
Tax Period |
No penalty if return is filed up to |
Maximum Penalty if return is filed up
to 30.09.2020 ( Notification No. 57/2020) |
|
February 2020 |
30.06.2020 (Notification
No. 52/2020) |
ZERO in case
of NIL Returns & Rs. 500/- in
case of other than NIL Return (Notification
No. 57/2020) |
|
March 2020 |
05.07.2020 (Notification No. 52/2020) |
|
|
April 2020 |
09.07.2020 (Notification
No. 52/2020) |
|
|
May 2020 |
15.09.2020 (Notification No. 52/2020) |
|
|
June 2020 |
25.09.2020 (Notification
No. 52/2020) |
|
|
July 2020 |
29.09.2020 (Notification No. 52/2020) |
|
|
August 2020 |
03.10.2020 (Notification
No. 54/2020) |
NOT
APPLICABLE |
It is important to note that
Notification No. 57/2020-Central Tax dated 30.06.2020 is effective from
25.06.2020
If the GSTR3B is not done by
30.09.2020 then full late fees shall be applicable from the due date.
Notification No. 53/2020 - Central
Tax dated 24th June, 2020
Waiver of late fee for delay in
filing GSTR-1- March to June 2020 if the returns are filed within the time
period mentioned in below table:
|
Month/Quarter |
Dates |
|
March, 2020 |
10.07.2020 |
|
April, 2020 |
24.07.2020 |
|
May, 2020 |
28.07.2020 |
|
June, 2020 |
05.08.2020 |
|
Jan. 2020 to March 2020 |
17.07.2020 |
|
April 2020 to June 2020 |
03.08.2020 |
Note: In case GSTR-1 is not filed by above
dates, full late fee for the delayed period from the due date shall be payable.
No change has been made by Notification No 57/2020-
Central Tax in this regard.
Recent notifications issued under GST Dated 24.06.2020
https://carahuldmittal.blogspot.com/2020/06/recent-notifications-issued-under-gst.html
Source: Notification No. 57/2020 and 52/2020 to 54/2020
Disclaimer: This is meant purely for general education purpose.While the information is believed to be accurate to the best of my knowledge, I do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Reader should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This note is not an offer, invitation, advice or solicitation of any kind. I accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies upon it.
Thanks for visiting our blog and reading this article. Kindly provide your feedback on the above article in comment box below.
M: +91-99917-25373
ReplyDelete๐