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Issues of GST Amnesty Scheme

Arjuna (Fictional Character): Krishna, Government has announced the GST Amnesty Scheme 2021, in the 43rd GST Council meeting.

Krishna (Fictional Character): Arjuna, in that scheme the Government has provided relief to the taxpayers whose GSTR-3B returns were pending from July-2017 to April-2021. The relief has been provided by reducing the late fees to Rs.500/- per return where there is no tax liability and Rs.1000/- per return for other taxpayers. To avail of the benefit of such a scheme, the taxpayer needs to file the unfurnished return between 1st June 2021, and 31st August 2021.

Source Taxguru

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