Waiver of interest and late fee for normal taxpayers and composition taxpayers under GST

Last updated: 08 June 2021

Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part1)

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) & composition taxpayers for the tax periods of March, April & May, 2021, vide Notification. No's. 18/2021 & 19/2021, both dtd. 1st June 2021. The details are summarized below:

A. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021	> Rs. 5 Cr.	20^th April	9%	18%	18%	5^th May, 2021
		Up to Rs. 5 Cr	20^th April	Nil	9%	18%	19^th June, 2021

Waiver of interest and late fee for normal taxpayers and composition taxpayers under GST

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 30 days	From 46^th day onwards
1	April, 2021	> Rs. 5 Cr.	20^th May	9%	18%	18%	4^th June, 2021
		Up to Rs. 5 Cr	20^th May	Nil	9%	18%	4^th July, 2021

Sl.No.	Tax Period	Class of taxpayer (Based on AATO)	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 15 days	From 31^st day onwards
1	May, 2021	> Rs. 5 Cr.	20^th June	9%	18%	18%	5^th July, 2021
		Up to Rs. 5 Cr	20^th June	Nil	9%	18%	20^th July, 2021

Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part2)

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) & composition taxpayers for the tax periods of March, April & May, 2021, vide Notn. Nos. 18/2021 & 19/2021, both dtd. 1st June, 2021. The details are summarized below:

B. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021	Form GSTR-3B (Quarterly)	22/24^th April, 2021,(Group A/B)	Nil	9%	18%	21/ 23^rd June, 2021,(Group A/B)

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 30 days	From 46^th day onwards
1	April, 2021	Form GST PMT-06	25^th May, 2021	Nil	9%	18%	NA

Sl.No.	Tax Period	Form Type	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
				First 15 days from due date	Next 15 days	From 31^st day onwards
1	May, 2021	Form GST PMT-06	25^th June, 2021	Nil	9%	18%	NA

C. Relaxations in filing Form CMP-08 for Composition Taxpayers

Sl.No.	Tax Period	Due date of filing	Reduced Rate of Interest			Waiver of late fee till
			First 15 days from due date	Next 45 days	From 61^st day onwards
1	March, 2021 (Qtr.)	18^th April, 2021	Nil	9%	18%	NA