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:
- 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
