A conditional late fee amnesty scheme brought out in respect of pending returns in FORM GSTR-3B for the tax periods from July, 2017 to April, 2021.
Highlights of the scheme:
a. Applicable only if GSTR-3B returns for these tax periods are furnished during the period between 01.06.2021 to 31.08.2021;
b. Late fee capped to a maximum of Rs 500/- (Rs. 250/- each for CGST & SGST) per return for taxpayers, who did not have any tax liability for the said tax periods;
c. Late fee capped to a maximum of Rs 1000/- (Rs. 500/- each for CGST & SGST) per return for other taxpayers.
Source Taxguru
