GST: Delhi Govt. waives late fee for Taxpayers who fails to furnish Returns in FORM GSTR-3B by the due date [Read Notification]

The Delhi Government notified the waiver of the late fee for the taxpayers who fail to furnish returns in FORM GSTR-3B by the due date.

The government empowered under section 128 of the Delhi Goods and Services Tax Act, 2017, read with section 148 of the said Act amended the notification No.76/2018-State Tax, dated the 3rd September 2019.

The notification specified that the amount of late fee payable under section 47 shall stand waived for the tax period, for the class of registered persons who fail to furnish the returns in FORM GSTR-3B by the due date, but furnishes the return as specified by the notification.

Firstly, the taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year for the tax period of February, 2020, March, 2020 and April, 2020, if return in FORM GSTR-3B is furnished on or before the 24th day of June, 2020 then the late fee will be waived off.

Secondly, the taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year, for the tax period of February, 2020 and March, 2020, if return in FORM GSTR-3B is furnished on or before the 29th day of June, 2020 then the late fee will be waived off.

Thirdly, the taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to rupees five crores in the preceding financial year, for the tax period of April, 2020, if return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020, then the late fee will be waived off.

Fourthly, the taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year for the tax period of February, 2020 if return in FORM GSTR-3B is furnished on or before the 30th day of June, 2020,  then only the late fee will be waived off.

Fifthly, the taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year for the tax period of March, 2020, if return in FORM GSTR-3B is furnished on or before the 3rd day of July, 2020.

Lastly,  the taxpayers having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year for the tax period of April, 2020, if return in FORM GSTR-3B is furnished on or before the 6th day of July, 2020, then only the late fee will be waived off.

This notification shall come into force with effect retrospectively from the 20th March, 2020.