Quick Summary
Over the past few days we saw a lot of GST Tax Practitioners as well as taxpayers demanding that the government should waive off late fees on GSTR-3B. This has been a persistent request from all the taxpayers. In this regard, the CBIC issued a notice addressing the taxpayers. In the notice, the government said that the issue regarding the late fee on GST will be addressed in the next GST Council Meeting. Here is the official press release: 1. In the recent past tweets have been noticed by the
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The issue of late fees for non-filing of GSTR-3B returns is being discussed.
GST Tax Practitioners and taxpayers are demanding a waiver of late fees.
The current requests pertain to the old period, specifically from August 2017 to January 2020.
Yes, late fees for February, March, April, and May 2020 returns have been extended and waived for small businesses with a turnover less than Rs 5 crore.
All decisions in GST are taken by the Centre and the State with the approval of the GST Council.
The issue of GST late fees will be discussed in the next GST Council Meeting.
CAclubindia
