Late Fee Waiver for GSTR-9C

Last updated: 25 January 2025

Notice Date : 23 January 2025

Quick Summary

The Central Government has announced a waiver on late fees for GSTR-9C filings. This applies to registered persons who were required to submit a reconciliation statement (GSTR-9C) along with their annual return (GSTR-9) for financial years 2017-18 through 2022-23 but failed to do so initially. The waiver is conditional on furnishing the GSTR-9C statement by 31st March 2025.

MINISTRY OF FINANCE
(Department of Revenue)

(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

NOTIFICATION
New Delhi, the 23rd January, 2025
No. 08/2025 – CENTRAL TAX

S.O. 419(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act,2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee referred to in section 47 of the said Act in respect of the return to be furnished under section 44 of the said Act, for the financial years 2017-18 or 2018-19 or 2019-20 or 2020-21 or 2021-22 or 2022-23, which is in excess of the late fee payable under section 47 of the said Act upto the date of furnishing of FORM GSTR-9 for the said financial year, for the class of registered persons, who were required to furnish reconciliation statement in FORM GSTR-9C along with the annual return in FORM GSTR-9 for the said financial year but failed to furnish the same along with the said return in FORM GSTR-9, and furnish the said statement in FORM GSTR-9C, subsequently on or before the 31st March, 2025:

Official copy of the circular has been attached

FAQ :

This notification provides a waiver for late fees on the GSTR-9C reconciliation statement for certain financial years.

The waiver applies to the financial years 2017-18, 2018-19, 2019-20, 2020-21, 2021-22, and 2022-23.

Registered persons who were required to furnish GSTR-9C along with GSTR-9 for the specified financial years but failed to do so initially are eligible.

The GSTR-9C reconciliation statement must be furnished on or before 31st March 2025 to benefit from the waiver.

The notification refers to FORM GSTR-9 (annual return) and FORM GSTR-9C (reconciliation statement).

Guest

Notification No : Notification No. 08/2025 – CENTRAL TAX
Published in Community & General
Source : https://taxinformation.cbic.gov.in/view-pdf/1010288/ENG/Notifications

Attached File : 322600_11420_260414.pdf

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