Late fee relief on GST return filings now available till July
\n@cbic_indiaIn a major relief to the Goods and Service Tax taxpayers, the government has decided to cap the maximum late fee for form GSTR-3B at five hundred rupees per return. This will be applicable for the tax period from July 2017 to July 2020 subject to returns being filed before 30th September of this year.<\/p>\n
Central Board of Indirect Taxes and Customs, CBIC said, there will be nil late fees if there is no tax liability and in this regard a notification has been issued. It said, this step has been taken after the various representations were received from taxpayers to provide relief.<\/p>\n
Recently, CBIC has provided the facility of SMS filing of NIL statement of Form GSTR-1 from 1st July. The filing of NIL statements through SMS would improve ease of GST compliance for over 12 lakh registered taxpayers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Late fee relief on GST return filings now available till July @cbic_indiaIn a major relief to the Goods and Service Tax taxpayers, the government has decided to cap the maximum late fee for form GSTR-3B at five hundred rupees per return. This will be applicable for the tax period from July 2017 to July 2020 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[43],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13456"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13456"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13456\/revisions"}],"predecessor-version":[{"id":13457,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/13456\/revisions\/13457"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}