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

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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. 89/2020–Central 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 2017) (hereafter in this notification referred to as the said Act), the Government, on the recommendations of the Council, hereby waives the amount of penalty payable by any registered person under section 125 of the said Act for non-compliance of the provisions of notification No.14/2020–Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 197(E), dated the 21st March, 2020, between the period from the 01^st day of December, 2020 to the 31^st day of March, 2021, subject to the condition that the said person complies with the provisions of the said notification from the 01^st day of April, 2021.

[F. No. CBEC-20/16/38/2020-GST]

PRAMOD KUMAR, Director

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.

Notification No : Notification No. 89/2020–Central Tax
Source : https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-89-central-tax-english-2020.pdf;jsessionid=1793C5056BC76BB6FA565EE52B4519A3

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