GST Amnesty (?) Scheme for providing relief in late fees for pending GSTR 3B

In 43^rd GST Council meeting held as on 28^th May 2021, council has declared an Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns. The same is notified through Notification No. 19/2021 – Central Tax dated 1^st June 2021.

The scheme is wide enough to cover the tax period from 1^st July 2017 to April 2021. Salient features of the scheme are –

• The Scheme covers the period from 1st July 2017 to April 2021.
• Those taxpayers who have not filed the returns for the above period till 31st May, 2021 are covered under the Scheme.
• Window under the Scheme will be opened from 1st day of June, 2021 to the 31st day of August, 2021
• Maximum Late Fees applicable per return for returns with NIL Liability will be Rs.500/- (CGST Rs.250+ SGST Rs.250 and for the return with Tax Liability Rs.1,000/- (CGST Rs.500 +SGST Rs.500)
• The Scheme is not applicable for the returns filed before 1st June 2021

Source Taxguru