The Central Government today 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 August and September, 2017 by the due date.
In view of the difficulties being faced during the return filing process and in order to further facilitate taxpayers, the competent authority has decided to waive the late fee on filing of GSTR-3B for the months of August and September, 2017. The necessary software changes are being carried out in the IT system.
Electronic cash ledger of the taxpayers who have already paid the late fee on filing of GSTR-3B either for the month of August or September, 2017 or those who pay such fee before the necessary changes are carried out in the IT system will be credited with the amount of late fee so paid be them. The enabling notifications are being issued shortly.
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.
To facilitate taxpayers, late fee on filing of GSTR-3B for Aug&Sept has been waived. Late fee paid will be credited back to taxpayer ledger.
— Arun Jaitley (@arunjaitley) October 24, 2017
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 Government has waived the late fee of July.
