The GST council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, had in May decided to come out with an Amnesty Scheme to provide relief to taxpayers in late fee for pending returns.
The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per return for those taxpayers who did not have any tax liability. For those with tax liability, a maximum Rs 1,000 per return late fees would be charged, provided such returns are filed by August 31, 2021.
Following the council decision, the Ministry on June 1 notified reduced late fee for non-furnishing Form GSTR-3B for the tax periods from July, 2017 to April, 2021, provided the taxpayer filed the returns for these tax periods by August 31, 2021. ”The last date to avail benefit of the late fee amnesty scheme, has now been extended from existing August 31, 2021 to November 30, 2021,” the ministry said in a statement.
Based on the multiple representations received, the government also extended the timelines for filing of application for revocation of cancellation of registration to September 30, 2021, where the due date of filing of application for revocation of cancellation of registration falls between March 1, 2020 to August 31, 2021.
The filing of Form GSTR-3B and Form GSTR-1/IFF by companies using electronic verification code (EVC), instead of Digital Signature certificate (DSC), has already been enabled for the period from April 27, 2021 to August 31, 2021. This has been further extended to October 31, 2021.
”The extension of the closing date of late fee amnesty scheme and extension of time limit for filing of application for revocation of cancellation of registration will benefit a large number of taxpayers, specially small taxpayers, who could not file their returns in time due to various reasons, mainly because of difficulties caused by Covid-19 pandemic, and whose registrations were cancelled due to the same,” the Ministry added.