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INTEREST U/S 39 OF CGST ACT

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Jatin Bhatt

Professional Consultant

46 Points Posted on 19 March 2022

One of my client received notice for payment of interest for delay in filing GSTR3B U/s 50(1) of the CGST Act 2017.

Following was tthe net turnover during relevant period. F.Y.2019-20 < 5 Cr, During F.Y.2020-21 > 5 Cr and against during F.Y.2021-22 < 5Cr.

Most of demand was during the covid 19 pandemic, so is there any relaxation for the same or NOT? Demand Summary is attached.

Sections referred 39 of CGST Act 2017. Notification No.13 /2017-C.T. Dt.28/06/2017, amended U/s 50 of CGST Act, 2017

Please response as soon as possible.

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Replies (2)

Quick Summary

A client has received a notice for interest payment due to delayed GSTR-3B filing under Section 50(1) of the CGST Act. The query concerns potential relaxations for interest payments, particularly for periods affected by the COVID-19 pandemic, given varying turnover figures across financial years. The user is seeking clarification on whether the relaxations offered during the pandemic applied to interest charges as well as late fees.

CA Altamush Zafar

GST Consultant

10402 Points Posted on 19 March 2022

There were relaxations in filing of GST returns during covid period and I have seen the department ignoring the extended periods while issuing notices. You will have to see for each month to what extent benefit was available and reply accordingly