Late fee waiver for delayed GSTR-3B filings granted with specified extended deadlines based on taxpayer turnover tiers. The amendment waives the late fee prescribed under section 47 for specified tax periods where returns in FORM GSTR-3B are furnished by the final dates set in the Table. Taxpayers are grouped by aggregate turnover into three tiers, each with designated tax periods and corresponding last filing dates: high-turnover taxpayers have a single extended date for February-April 2020, mid-tier taxpayers have separate deadlines for February, March and April 2020, and small taxpayers have staggered deadlines through early July 2020. The notification is effective from 20th March, 2020.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Late fee waiver for delayed GSTR-3B filings granted with specified extended deadlines based on taxpayer turnover tiers.
The amendment waives the late fee prescribed under section 47 for specified tax periods where returns in FORM GSTR-3B are furnished by the final dates set in the Table. Taxpayers are grouped by aggregate turnover into three tiers, each with designated tax periods and corresponding last filing dates: high-turnover taxpayers have a single extended date for February-April 2020, mid-tier taxpayers have separate deadlines for February, March and April 2020, and small taxpayers have staggered deadlines through early July 2020. The notification is effective from 20th March, 2020.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
