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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 61st day onwards
1
March, 2021
> Rs. 5 Cr.
20th April
9%
18%
18%
5th May, 2021
Up to Rs. 5 Cr
20th April
Nil
9%
18%
19th 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 46th day onwards
1
April, 2021
> Rs. 5 Cr.
20th May
9%
18%
18%
4th June, 2021
Up to Rs. 5 Cr
20th May
Nil
9%
18%
4th 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 31st day onwards
1
May, 2021
> Rs. 5 Cr.
20th June
9%
18%
18%
5th July, 2021
Up to Rs. 5 Cr
20th June
Nil
9%
18%
20th 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 61st day onwards
1
March, 2021
Form GSTR-3B (Quarterly)
22/24th April, 2021,(Group A/B)
Nil
9%
18%
21/ 23rd 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 46th day onwards
1
April, 2021
Form GST PMT-06
25th 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 31st day onwards
1 May, 2021
Form GST PMT-06
25th 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 61st day onwards
1 March, 2021 (Qtr.)
18th April, 2021
Nil
9%
18%
NA

This is for information and necessary action please.

Thanking You,
Team GSTN

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