Datewise Analysis of GST Notifications 19 & 20

| Last updated: 12 June 2021

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Quick Summary

The CBIC has introduced GST Notifications 19 and 20, offering significant relief to taxpayers who missed filing their GSTR-3B returns between July 2017 and April 2021. These notifications waive late fees, with specific amounts depending on whether tax was payable or not. Further relaxations are provided for the March-May 2021 tax periods concerning interest on late filings and waiver of late fees for GSTR-1, with different due dates based on turnover. Importantly, the late fee caps introduced do not apply to the April, May, and June 2021 tax periods.

CBIC has issued few notifications in which they have provided relaxation to the taxpayers who have failed to file GSTR from July 2017 to April 2021. The same has been tried to summarized below

Sl.No	Return in FORM GSTR-3B for the month/ quarter of	Amount of Central & State/UT tax payable in the return	If Return furnished between	Late fee payable waived in excess of (Rs)
1	July, 2017 to April, 2021	NIL	1st June, 2021 and 31st August,2021	500
2	July, 2017 to April, 2021	Not NIL	1st June, 2021 and 31st August,2021	1000

GST Notifications 19 and 20: Late Fee Relief Explained

These late fees of 500 &1000 is to be computed per Return So If one fails to file return since Jul'17 one needs to pay 45*(500/1000)

Further Relaxation for Compliance During Mar'21- May'21

Tax Period	Due date of filing	Interest On late Filing of GSTR-3B		Waiver of late fee till for GSTR-1
Tax Period	Due date of filing	First 15 days from due date	Next 45 days	Waiver of late fee till for GSTR-1
Tax payer with a Turnover above Rs. 5 Cr
March, 2021	20th April	9%	18%	5th May, 2021
April, 2021	20th May	9%	18%	4th June, 2021
May, 2021	20th June	9%	18%	5th July, 2021
Tax payer with a Turnover up to Rs. 5 Cr
March, 2021	20th April	Nil	9%	19thJune, 2021
April, 2021	20th May	Nil	9%	4th July, 2021
May, 2021	20th June	Nil	9%	20th July, 2021
Composition Taxpayers (CMP-08)
March, 2021 (Qtr.)	18th April, 2021	Nil	9%	Not Applicable

Also Late Fees Post June'21

Sl.No	Class of registered persons	Late fee payable waived in excess of (Rs)
1	When Tax payable is Nil	500
2	When AATO is upto 1.5cr & Tax is payable	2,000
3	Others	5,000

One should take a note that the Late Fee for April, May, June shall continue as per current provision therefore restriction of 500/2000/5000 would not apply for the said months.

Attached File : 2089259_44937_notfctn_18_central_tax_english_2021.pdf