GST Amnesty Scheme – Now Extended till 31st August 2023
Below is complete guide on the scheme
Extension of time limit for Non-filers of GSTR 4 (Return to be filled by Composite Dealer)
As per notification No. 02/2023 (Central Tax) dated 31.03.2023 where a registered person fails to furnish GSTR 4 for the quarters from July 2017 till March 2022 by the due date can furnish the said return from 1st April 2023 to 30th June 2023. The late fees for filing such return exceeding Rs.250/- (CGST) stands waived and fully waived in case of Nil return.
Further as per notification No. 22/2023 (Central Tax) the above time limit is extended till 31st August 2023. (As decided in 50th GST council meeting)
Extension of time limit for application for revocation of cancellation of registration
As per notification No. 03/2023 (Central Tax) dated 31.03.2023 where the registered person, whose registration has been cancelled under clause (b) or clause (c) of sub-section (2) of section 29 of the said Act on or before the 31st day of December, 2022, and who has failed to apply for revocation of cancellation of such registration within the time period specified in section 30 of the said Act as the class of registered persons who shall follow the following special procedure in respect of revocation of cancellation of such registration, namely:–
(a) the registered person may apply for revocation of cancellation of such registration upto the 30th day of June, 2023;
(b) the application for revocation shall be filed only after furnishing the returns due upto the effective date of cancellation of registration and after payment of any amount due as tax, in terms of such returns, along with any amount payable towards interest, penalty and late fee in respect of the such returns;
(c) no further extension of time period for filing application for revocation of cancellation of registration shall be available in such cases.
Further as per notification No. 23/2023 (Central Tax) the above time limit is extended till 31st August 2023. (As decided in 50th GST council meeting)
Extension of time limit for deemed withdrawal of assessment orders issued under Section 62
As per Notification No. 06/2023 dated 31.03.2023 where the registered persons who failed to furnish a valid return within a period of thirty days from the service of the assessment order issued on or before the 28th day of February, 2023 under sub-section (1) of section 62 of the said Act, as the classes of registered persons, in respect of whom said assessment order shall be deemed to have been withdrawn, if such registered persons follow the special procedures as specified below, namely,-
(i) the registered persons shall furnish the said return on or before the 30th day of June 2023;
(ii) the return shall be accompanied by payment of interest due under sub-section (1) of section 50 of the said Act and the late fee payable under section 47 of the said Act,
irrespective of whether or not an appeal had been filed against such assessment order under section 107 of the said Act or whether or not the appeal, if any, filed against the said assessment order has been decided.
Further as per notification No. 24/2023 (Central Tax) the above time limit is extended till 31st August 2023. (As decided in 50th GST council meeting).
Extension of time limit for Non-filers of GSTR 9
As per notification No. 07/2023 (Central Tax) dated 31.03.2023 where a registered person fails to furnish GSTR 9 for FY 2017-18 to FY 2021-22 by the due date can furnish the said return from 1st April 2023 to 30th June 2023.
Registered persons having an aggregate turnover of up to five crore rupees in the relevant financial year.
Late Fees Waived – Amount in excess of Twenty-five rupees per day, subject to a maximum of an amount calculated at 0.02 per cent. of turnover in the State or Union territory.
Registered persons having an aggregate turnover of more than five crores rupees and up to twenty crore rupees in the relevant financial year
Late Fees Waived – Amount in excess of Fifty rupees per day, subject to a maximum of an amount calculated at 0.02 per cent. of turnover in the State or Union territory.
Further as per notification No. 25/2023 (Central Tax) the above time limit is extended till 31st August 2023. (As decided in 50th GST council meeting)
Extension of time limit for Non-filers of GSTR 10
As per notification No. 08/2023 (Central Tax) dated 31.03.2023 where a registered person fails to furnish the final return GSTR 10 by the due date but the same is filed between 01.04.2023 to 30.06.2023, the late fees shall be waived in excess of Rs. 500/-(CGST).
Provided further that as per notification No. 26/2023 (Central Tax) the above time limit is extended till 31st August 2023. (As decided in 50th GST council meeting).
“The site is for information purposes only and does not provide legal advice of any sort. Viewing this site, receipt of information contained on this site, or the transmission of information from or to this site does not constitute an attorney-client relationship.
The information on this site is not intended to be a substitute for professional advice.”
