Government of NCT of Delhi waives late fees for delayed filing of GSTR-3B

Government of NCT of Delhi has issued a Notification prescribing waiver of late fees for delayed filing of GSTR-3B in specified tax periods. This Notification was issued on 30^th September 2020 and will be deemed to come into force from 20^th March 2020.

This notification amends the original notification dated 3rd September, 2019.

It may be recalled that Form GSTR-3B is a monthly summary return of inward and outward supplies. The present Circular seeks to do away with the late fees attracted for the delay in filing the return.

The present Notification stipulates that the late fees will be waived as follows:

• For taxpayers having an aggregate turnover of more than Rs. 5 crore in the preceding financial year, the late fees will be waived for the period of February, March, and April, 2020. This is subject to the GSTR-3B being furnished on or before 24^th June 2020.

• Those taxpayers having an aggregate turnover of more than Rs. 1.5 crore and up to Rs.5 crore in the preceding financial year, the late fee will be waived if the following conditions are met:

1. If, for the tax periods of February and March 2020, the return in Form GSTR-3B is furnished on or before 29^th June 2020
2. If, for the tax period of April 2020, GSTR-3B is furnished on or before 30th June 2020

• For taxpayers who have an aggregate turnover of up to Rs. 1.5 crore in the preceding financial year, the late fee will be waived subject to the following conditions:

1. For the month of February 2020, if GSTR-3B is furnished on or before the 30^th  June 2020
2. For the month of March 2020 if GSTR-3B is furnished on or before the 3rd July 2020
3. For the month of April 2020 if GSTR-3B is furnished on or before the 6th  July 2020