Seeks to rationalize late fee for delay in filing of return in FORM GSTR-3B ; and to provide conditional waiver of late fee for delay in filing FORM GSTR-3B from July, 2017 to April, 2021; and to provide waiver of late fees for late filing of return in FORM GSTR-3B for specified taxpayers and specified tax periods. - 19/2021 - Central GST (CGST)

Finance Ministry Amends Late Fee Waivers for GSTR-3B Filings; New Caps Based on Turnover Announced.

The notification from the Ministry of Finance, dated June 1, 2021, amends previous provisions to rationalize and waive late fees for delays in filing FORM GSTR-3B. It specifies that taxpayers with turnovers exceeding Rs. 5 crores for March to May 2021 are granted a 15-day waiver period. Those with turnovers up to Rs. 5 crores have extended waiver periods ranging from 30 to 60 days, depending on the month. Additionally, a conditional waiver is provided for late filings from July 2017 to April 2021, with fees capped at Rs. 500 or Rs. 250 for nil returns. Future late fees are also capped based on turnover.