Notification No. 22 /2018 – Central Tax: As a relief for those taxpayers who failed to file their GST-3B summary returns for October 2017 to April 2018, the Government has waived off the late fee charge. The benefit, however, is limited to only those taxpayers who could not fill the TRAN-1 form to avail input credit on closing stocks till December 27, 2017. Accordingly, these traders were unable to file GSTR-3B returns also. The reason for the delay is being attributed to the technical glitches and delays in the GST portal. Reportedly, nearly 30% of the registered traders under GST had failed to file their GSTR-3B returns for the month of March 2018 before the April 20 deadline.
As per the Finance Ministry, taxpayers must meet some conditions in order to avail the fee waiver. Traders who failed to file TRAN-1 before 27th December can now do it till May 10, 2018, if and only if they file the pending GSTR-3B for October 2017 to April 2018 period by May 31, 2018, positively. As per experts, this a welcome move which brings huge relief for thousands of traders. However, experts have sought clarity for those business owners who filed the pending GSTR-3B coupled with late fees. A refund for such taxpayers would be a positive step forward.
Traders who had missed TRAN-1 in December stood to lose input tax credit on the sale of pre-GST stocks. Accordingly, requests and appeals were made by the traders in their respective state courts. While hearing to one such petition, the Bombay High Court had ruled that the Government must allow traders who were plagued by technical errors and glitches to file the TRAN-1 by May 10th.
The Government however in a proactive move has already waived the late fees implied on GSTR-3B returns for July to September 2017. Barring any legal compulsions, the TRAN-1 filing date has also been extended to May 10, 2018. Traders who can now claim input tax credit on pre-GST stocks post meeting legal conditions must be having a huge sigh of relief.
I have no transaction for the last month. but late fees liability. then I have file nil return or other
Even if there are no transactions during the month, Filing of GSTR is mandatory. You need to file NIL returns in this case along with late fee levied (Rs. 20 per day).
I have not filed my 3b returns from Jan 2018 till now. how many penalties should I pay? I have nil tax liability excepts late fees. I have to pay maximum 10000 or per return wise? is there any chance for the 3b penalty to be waived.
The late fee is levied per return wise up to the maximum of Rs. 10000/-. For NIL returns, it is Rs. 20 per day.
The penalty for late filing of GSTR3 at Rs 200 per day (100 for Center plus 100 for the state) subject to a maximum of Rs 5000. Does this mean Rs 2500 for centre and Rs 2500 for the state, or Rs 5000 each to the state and centre?
Also, will you send your reply to the email or do I have to look into your website?
The late fee of GSTR 3B has been revised to Rs. 20 per day (in case of NIL return) and Rs. 50 per day (in case of others). Max late fee is up to 10000/- (5000 CGST and 5000 SGST)
I fall in the above notification case, but I filled the GSTR-3B before notification with a late fee. how I will get my late fee refund.?
As the notification issued at that time, dept. announces that late fees deposited will be transferred to assessees ITC ledger.
Any chances to waive late fee up to Mar 2018
I had sent latter to PMO office regarding the late fee waiver…but they replied to me that they have noted the points I raised…And they are telling us to follow the notifications…so…I request every one to sync compliant about late fed to GST dept…
from where I can request to waive off penalty for non-filling 3b returns for six months
No such option available.