TMI BlogWaiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021X X X X Extracts X X X X X X X X Extracts X X X X ..... Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021 - Goods and Services Tax - GST Dated:- 4-5-2021 - News - Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) composition taxpayers for the tax periods of March and April, 2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , through Central Tax Notification Nos. 08/2021 and 09/2021 , both dated 1st May, 2021. The details are summarized below: A. 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 I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nterest Waiver of late fee till First 15 days from due date Next 15 days From 31 st day onwards 1 March, 2021 ₹ 5 Cr. 20 th April 9% 18% 18% 5 th May, 2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Up to ₹ 5 Cr 20 th April Nil 9% 18% 20 th May, 2021 2 April, 2021 ₹ 5 Cr. 20 th May 9% 18% 18% 4 th June, 2021 Up to ₹ 5 Cr 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th May Nil 9% 18% 19 th June, 2021 B. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme Sl. No. Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te of Interest Waiver of late fee till First 15 days from due date Next 15 days From 31 st day onwards 1 March, 2021 Form GSTR-3B (Quarterly) 22/24 th April, 2021, (Group A/B) Nil 9% 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8% 22/ 24 th May, 2021, (Group A/B) 2 April, 2021 Form GST PMT-06 25 th May, 2021 Nil 9% 18% NA C. Relaxations in filing Form CMP-08 for Composition Taxpayers : For Quarter of Jan-March, 2021, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... instead of 18th April, 2021, Composition Taxpayers can now file their quarterly return in Form CMP-08, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards. Thanking You, Team GSTN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... om - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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