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Intt. on delay payment

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Tarun Kumar

114 Points Posted on 24 April 2020

has intt. on delay payment been waived off for the month of February to April for turn over up to 1.5 cr

Replies (6)

Quick Summary

Interest and late fees on delayed GSTR-3B filings for February, March, and April 2020 have been waived for businesses with an aggregate turnover of up to Rs. 1.5 crore. This waiver applies provided the return is filed by the prescribed date, as per Notification No. 32/2020 - Central Tax. The waiver was extended until 30th June 2020 for eligible taxpayers.

RAJA P M

"Do the Right Thing...!!!"

128157 Points Posted on 24 April 2020

Yes... Interest not applicable up to 30th Jun-2020.

Shivam RC

Student

23693 Points Posted on 24 April 2020

Yes @ Tarun Kumar Sir...

Late Fees levied u/s 47(1) of the CGST Act 2017 and Interest levied u/s 50(1) of the CGST Act 2017 have been completely waived off for FORM GSTR-3B for the month of FEBRUARY, MARCH and APRIL 2020 for the Taxpayers having Aggregate Turnover of upto Rs. 1.5 crore, provided the Return is filed by the prescribed date.

Reference : Notification No. 32/2020 - Central Tax, dated 03.04.2020.