The Central Board of Indirect Taxes and Customs (CBIC) has announced a waiver of interest for certain registered taxpayers who filed their GSTR-3B returns late. This relief is specifically for those who faced technical issues on the GST portal that prevented timely filing, provided they had sufficient funds in their ledgers or had already deposited the required tax amount. The notification, dated April 8, 2024, outlines the specific categories and periods for which this interest waiver applies.
The Central Board of Indirect Taxes and Customs (CBIC) has issued a crucial notification, bearing No. 07/2024 Central Tax, dated April 08, 2024. This notification brings significant relief to certain categories of registered taxpayers who have encountered challenges in meeting their Goods and Servi
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FAQ :
The CBIC has waived interest for certain registered taxpayers who filed their GSTR-3B returns late due to technical issues on the GST portal.
Eligible taxpayers are those who experienced technical glitches preventing them from filing their GSTR-3B by the due date, but had sufficient balance in their electronic cash or credit ledger, or had deposited the required tax amount via challan.
The notification, bearing No. 07/2024 – Central Tax, was issued on April 8, 2024.
The interest is waived from the original due date of filing the GSTR-3B return to the actual date of furnishing the return, for the specific periods mentioned in the notification.
No, the waiver is for specific categories of registered persons who faced technical issues and met certain conditions regarding their tax payments.