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[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 89/2020 Central Tax New Delhi, the 29th November, 2020 G.S.R(E). - In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Government, on the recom
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FAQ :
The CBIC has waived the amount of general penalty payable by any registered person under section 125 of the CGST Act.
Registered persons who failed to comply with the provisions of notification No. 14/2020 between 1st December 2020 and 31st March 2021 are eligible.
The waiver is applicable for non-compliance occurring between the 1st day of December 2020 and the 31st day of March 2021.
The condition is that the registered person must comply with the provisions of notification No. 14/2020 from the 1st day of April 2021.
The penalty waiver is under section 125 of the CGST Act, and the waiver itself is granted under section 128 of the same Act.
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