Seeks to waive penalty payable for noncompliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March, 2020

Last updated: 30 November 2020

Save Share

Quick Summary

This notification announces a waiver for penalties incurred due to non-compliance with the provisions of Notification No. 14/2020 – Central Tax, dated 21st March 2020. This waiver applies to penalties payable under section 125 of the Central Goods and Services Tax Act, 2017, for the period between 1st December 2020 and 31st March 2021. However, to benefit from this waiver, registered persons must ensure they comply with the provisions of Notification No. 14/2020 from 1st April 2021 onwards.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, Notification No. 89/2020Central Tax Dated: 29th November, 2020 G.S.R. 745(E). -In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 20

Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Notice & Circular Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

This notification waives penalties for registered persons who did not comply with Notification No. 14/2020 – Central Tax between 1st December 2020 and 31st March 2021.

The penalty being waived is payable under section 125 of the Central Goods and Services Tax Act, 2017.

The penalty is waived for non-compliance occurring between 1st December 2020 and 31st March 2021.

The condition is that the registered person must comply with the provisions of Notification No. 14/2020 from 1st April 2021 onwards.

Notification No. 14/2020 – Central Tax, dated 21st March 2020, is a previous notification whose provisions are relevant to this penalty waiver.