CBIC has provided conditional waiver of late fees for the period from July, 2017 to July, 2020

Central Board of Indirect Taxes & Customs (CBIC) has issued Notification No. 57/2020 – Central Tax dated 30th June, 2020 to notify waiver of late fees payable for taxpayers for delay in filing of GSTR-3B return for the months of July, 2017 to July, 2020 as mentioned below:

a) For the taxpayers having an aggregate turnover of more than Rs 5 crore in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of February, 2020 to April, 2020, by the due date as specified in table of Notification No. 52/2020 dated 24th June, 2020 but furnish the said return till the 30th day of September, 2020, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived for those taxpayers where the total amount of central tax payable in the said return is NIL.

b) For the taxpayers having an aggregate turnover of more than Rs 5 crore in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of May, 2020 to July, 2020, by the due date, but furnish the said return till the 30th day of September, 2020, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived for those taxpayers where the total amount of central tax payable in the said return is NIL.

c) For taxpayers having an aggregate turnover of up to Rs 5 crore in the preceding financial year, who fail to furnish the return in FORM GSTR-3B for the months of February, 2020 to July, 2020, by the due date as specified in table of Notification No. 52/2020 dated 24th June, 2020 but furnish the said return till the 30th day of September, 2020, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived for those taxpayers where the total amount of central tax payable in the said return is NIL.

d) For taxpayers having total amount of late fee payable for a tax period, under section 47 of the said Act shall stand waived which is in excess of an amount of two hundred and fifty rupees for the registered person who failed to furnish the return in FORM GSTR-3B for the months of July, 2017 to January, 2020, by the due date but furnishes the said return between the period from 01st day of July, 2020 to 30th day of September, 2020. Also been provided that where the total amount of central tax payable in the said return is Nil, the total amount of late fee payable for a tax period, under section 47 of the said Act shall stand waived for the registered person who failed to furnish the return in FORM GSTR-3B for the months of July, 2017 to January, 2020, by the due date but furnishes the said return between the period from 01st day of July, 2020 to 30th day of September, 2020.

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