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Relief in Late Fees to Taxpayers Filing Form GSTR-4 Or GSTR-10

I.    Relief to Composition Taxpayers in late fees for delayed filing of Form GSTR-4 (Quarterly Return):

  • Vide Notification No 67/2020 dated 21.09.2020, the taxpayers who were under Composition Scheme, during any period till 31st March, 2019, have been provided relaxation in payment of late fees, on filing Form GSTR-4 (Quarterly Return).
  • This relaxation is available, if Form GSTR-4 (Quarterly Return) is filed by them, between 22nd Sept., 2020 and 31st Oct., 2020, for any tax period of financial year 2017-18 or 2018-19.
  • The details are as given below:
Form For any Tax period of the FY Late fees, if Tax liability is NIL Late fees, in case of any Tax Liability
GSTR-4 (Quarterly Return) 2017-18 & 2018-19 No late Fee Rs 500 per return (Rs 250 for CGST & Rs 250 for SGST)

 

II.    Relief in late fees for delayed filing of Final Return in Form GSTR-10

 

  • Vide Notification No 68/2020 dated 21.09.2020, the taxpayers who had failed to file final return, in Form GSTR-10, by due date, have been provided relaxation in payment of late fees, on filing of Form GSTR 10 (Final Return).
  • Such taxpayers can now file Form GSTR 10 (Final Return) between 22nd Sept., 2020 and 31st Dec., 2020, by paying a maximum late fee of Rs 500 (Rs 250 for CGST & Rs 250 for SGST).

Source: gst.gov.in

 

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