Quick Summary
I. Relief to Composition Taxpayers in late fees for delayed filing of Form GSTR-4 (Quarterly Return):
- Vide Notification No 67/2020 dated 21.09.2020, the taxpayers who were under Composition Scheme, during any period till 31st March, 2019, have been provided relaxation in payment of late fees, on filing Form GSTR-4 (Quarterly Return).
- This relaxation is available, if Form GSTR-4 (Quarterly Return) is filed by them, between 22nd Sept., 2020 and 31st Oct., 2020, for any tax period of financial year 2017-18 or 2018-19.
- The details are as given below:
| Form | For any Tax period of the FY | Late fees, if Tax liability is NIL | Late fees, in case of any Tax Liability |
|---|---|---|---|
| GSTR-4 (Quarterly Return) | 2017-18 & 2018-19 | No late Fee | Rs 500 per return (Rs 250 for CGST & Rs 250 for SGST) |
II. Relief in late fees for delayed filing of Final Return in Form GSTR-10
- Vide Notification No 68/2020 dated 21.09.2020, the taxpayers who had failed to file final return, in Form GSTR-10, by due date, have been provided relaxation in payment of late fees, on filing of Form GSTR 10 (Final Return).
- Such taxpayers can now file Form GSTR 10 (Final Return) between 22nd Sept., 2020 and 31st Dec., 2020, by paying a maximum late fee of Rs 500 (Rs 250 for CGST & Rs 250 for SGST).
III. Shifting of navigation of “Comparison of liability declared and ITC claimed” from the Returns Dashboard to Services dropdown
- The functionality “Comparison of liability declared and ITC claimed” has been removed from Return Dashboard. It has now been made available on the main page, under the ‘Services’ tab, ‘Return’ sub-tab as “Tax liabilities and ITC comparison” , to make it more user friendly and for ease of access by the taxpayers.
- The aforementioned functionality can now be accessed as per the following navigation (Post-login):
Home > Services > Returns > Tax liabilities and ITC comparison
Thanking you,
Team GSTN
FAQ :
Taxpayers who were under the Composition Scheme until 31st March 2019 can now file Form GSTR-4 for FY 2017-18 or 2018-19 between 22nd September 2020 and 31st October 2020 with reduced late fees. The late fee is Rs 500 per return if there is a tax liability, and no late fee if the tax liability is nil.
Taxpayers who failed to file their final return in Form GSTR-10 by the due date can now file it between 22nd September 2020 and 31st December 2020, with a maximum late fee of Rs 500 (Rs 250 for CGST and Rs 250 for SGST).
This report has been moved from the Returns Dashboard to the 'Services' tab. You can now find it under 'Services' > 'Returns' > 'Tax liabilities and ITC comparison'.
For FY 2017-18 and 2018-19, the late fee for Form GSTR-4 is Rs 500 per return if there is any tax liability (Rs 250 for CGST and Rs 250 for SGST). If the tax liability is nil, there is no late fee.
Yes, the functionality is now referred to as 'Tax liabilities and ITC comparison' under the new navigation path.
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