The Central Government on Friday clarified that no late fee would be levied on the tax payers who failed to furnish the return in FORM GSTR-3B for the month of July, 2017 by the due date.
This is on the recommendation of the GST Council, the apex policy making body under the new indirect tax regime rolled out on 1st July 2017.
Despite the press release of the Finance Ministry that the Government will not charge any late fee or penalty for late filing of GST returns during the interim period, tax payers reported that the Goods and Services Tax Network (GSTN) has started to levy penalty for late filing of GSTR 3B.
Under the present GST laws, penalty of Rs. 100 per day is leviable under the CGST/SGST Acts. This may go upto 5,000/=. GSTR 3B will not be uploaded without paying the penalty.
Earlier, the Revenue Secretary Hasmukh Adhia and the CBEC Chief Vanaja N Sarna had stated that the department would take lenient view in case of implementation of GST laws.
Further, the Central Government, in June, released a press release clarifying that it will relax the return filing procedure for first two months of GST implementation . on 18th July also, the Finance in a press release announced Relaxation in return filing procedure for first two months of GST implementation.
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