Conditional waiver of late fees & Interest for delay in furnishing FORM GSTR-3B

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Conditional waiver of late fees & Interest for delay in furnishing GSTR-3B, based on aggregate turnover in the preceding previous year.

Notification No. 31 & 32/2020 – Central Tax

Conditional waiver of late fee & Interest for delay in furnishing FORM GSTR-3B, based on aggregate turnover in the preceding previous year.
Notification No. 31 & 32/2020 – Central Tax
Turnover Criteria
Periods
Interest
Late Fees
Condition
If GSTR-3B is filed
More than 5Cr
Feb-2020
Mar-2020
Apr-2020
Nil-up to 15days from the due date
0.00
on or before 24/06/2020
9% after 15Days

More than 1.5Cr and up to 5Cr
Feb-2020
Mar-2020
Nil
0.00
on or before 29/06/2020
Apr-2020
Nil
0.00
on or before 30/06/2020

Up to 1.5 crores
Feb-2020
Nil
0.00
on or before 30/06/2020
Mar-2020
Nil
0.00
on or before 03/07/2020
Apr-2020
Nil
0.00
on or before 06/07/2020
Please note due dates for the given periods are not extended only given conditional waiver
If GSTR3B- not filed on or before dates mentioned above Interest at 18% p.a. shall be charged from the due date of return, till the date on which the return is filed. In addition, regular late fee shall also be leviable for such delay along with liability for penalty.

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