Waiver of Interest and Late fee for Normal Taxpayers

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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:

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 Interest			Waiver of late fee till
				First 15 days from due date	Next 45 days	From 61st day onwards
1	March, 2021	> Rs. 5 Cr.	20th April	9%	18%	18%	5th May, 2021
		Up to Rs. 5 Cr	20th April	Nil	9%	18%

 

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	> Rs. 5 Cr.	20th May	9%	18%	18%	4th June, 2021
		Up to Rs. 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	> Rs. 5 Cr.	20th June	9%	18%	18%	5th July, 2021
		Up to Rs. 5 Cr	20th June	Nil	9%	18%	20th July, 2021

 

B.Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme

Sl.No.	Tax Period	Form Type	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	Form GSTR-3B (Quarterly)	22/24th April, 2021,(Group A/B)	Nil	9%	18%	21/ 23rd June, 2021,(Group A/B)

 

Sl.No.	Tax Period	Form Type	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	Form GST PMT-06	25th May, 2021	Nil	9%	18%	NA

Sl.No.	Tax Period	Form Type	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	Form GST PMT-06	25th June, 2021	Nil	9%	18%	NA

C. Relaxations in filing Form CMP-08 for Composition Taxpayers:

Sl.No.	Tax Period	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 (Qtr.)	18th April, 2021	Nil	9%	18%	NA

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