Rohit Kumar Singh
Quick Summary
CBIC has issued Notification No - 57/2020-Central Tax dated 30-06-2020 waiving/reducing late fees on filing of GSTR 3B for the months of May 20 to July 20 by 30th September 20. This relief is for all class of normal taxpayers (Turnover below 5 Crores and above Rs 5 Crores). Earlier Notifi
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FAQ :
Notification No. 57/2020-Central Tax, dated 30-06-2020, waives or reduces late fees for GSTR 3B filings for May, June, and July 2020.
All classes of normal taxpayers, including those with turnover below and above Rs 5 Crores, are eligible for this relief.
To avail the late fee benefit for the return periods of May, June, and July 2020, the GSTR 3B must be filed by 30th September 2020.
For non-nil returns for May, June, and July 2020, the maximum late fee is Rs 250 each under CGST and SGST/UTGST per return period, if filed by the specified deadline.
Yes, earlier notifications provided relief for GSTR 3B returns for periods from July 2017 to January 2020, and also for February to April 2020.
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