Taxpayers can now file their pending returns for the tax periods from July 2017 to April 2021 without any high penalty and avail the benefits of this GST Amnesty scheme with reduced late fees.
Relaxation in Late fees for Return Filings of GSTR 3 B
| Sl. | Return Type (GSTR – 3B) | Relaxation in Late Fee |
| 1. | In case of Nil Return | Maximum Late fee capped: Rs. 500/- (Rs. 250- each for CGST & SGST) per return |
| 2. | In case of Return is not Nil | Maximum Late fee capped: Rs.1,000/- (Rs. 500- each for CGST & SGST) per return |
Relaxation in Late fees for Return Filings of GSTR 3 B and GSTR 1
| Taxpayer’s category | Relaxations in Late Fees |
| 1. Taxpayers having nil tax Liability (Nil Return) | Rs. 500/- (Rs. 250/- each for CGST & SGST) per return |
| 2. For Taxpayers having Tax Liability: | |
| a) For taxpayers having aggregate turnover in preceding F.Y. up to Rs. 1.5 crores | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
| b) For taxpayers having aggregate turnover in preceding F.Y. between Rs. 1.5 crores to Rs. 5 crores | Rs. 5000/- (Rs. 2500/- each for CGST & SGST) per return |
| c) For taxpayers having aggregate turnover in preceding F.Y. above Rs. 5 crores | Rs. 10000/- (Rs. 5000/- each for CGST & SGST) per return |
Relaxation in Late fees for Return Filings of GSTR 4
| Taxpayer’s category | Relaxations in Late Fees |
| 1. Taxpayers having nil tax Liability (Nil Return) | Rs. 500/- (Rs. 250/- each for CGST & SGST) per return |
| c) For Other Taxpayers | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
Relaxation in Late fees for Return Filings of GSTR 7
Relaxation Given:
| Filing Particulars | Relaxations |
| Late Fee payable for delayed furnishing of Return in Form GSTR – 7 | Rs. 50 Per day (Rs. 25/- each CGST & SGST) per return |
| Maximum amount of Late Fee Capped | Rs. 2000/- (Rs. 1000/- each for CGST & SGST) per return |
Time Period to Avail GST Amnesty Scheme 2021:
The reduced rate of the late fee would apply if GSTR-3B returns for these tax
periods are furnished between 01.06.2021 to 31.08.2021.
GSTR – 3B shall be filed between 1.06.2021 to 31 August 2021 to avail the benefit of a reduced rate of late fees. It means that the pending GSTR 3B returns for the period, July 2017 to April 2021 shall be filed on or before 31st August 2021.