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Home News Goods and Services Tax - GST Month 6 2021 2021 (6) This
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Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part 1)

June 5, 2021
  • Contents

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) & composition taxpayers for the tax periods of March, April & May, 2021, vide Notn. Nos. 18/2021 & 19/2021, both dtd. 1st June, 2021. The details are summarized below:

  1. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B

Sl.No.

Tax Period

Class of taxpayer
(Based on AATO)

Due date of filing

Reduced Rate of Interest

Waiver of late fee till

First 15 days from due date

Next 45 days

From 61st day onwards

1

March, 2021

> ₹ 5 Cr.

20th April

9%

18%

18%

5th May, 2021

Up to ₹ 5 Cr

20th April

Nil

9%

18%

19th June, 2021

 

Sl.No.

Tax Period

Class of taxpayer
(Based on AATO)

Due date of filing

Reduced Rate of Interest

Waiver of late fee till

First 15 days from due date

Next 30 days

From 46th day onwards

1

April, 2021

> ₹ 5 Cr.

20th May

9%

18%

18%

4th June, 2021

Up to ₹ 5 Cr

20th May

Nil

9%

18%

4th July, 2021

 

Sl.No.

Tax Period

Class of taxpayer
(Based on AATO)

Due date of filing

Reduced Rate of Interest

Waiver of late fee till

First 15 days from due date

Next 15 days

From 31st day onwards

1

May, 2021

> ₹ 5 Cr.

20th June

9%

18%

18%

5th July, 2021

Up to ₹ 5 Cr

20th June

Nil

9%

18%

20th July, 2021

This is for information and necessary action please.

Thanking You,

Team GSTN

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