{"id":25414,"date":"2021-05-05T12:23:15","date_gmt":"2021-05-05T12:23:15","guid":{"rendered":"https:\/\/indiataxations.in\/?p=25414"},"modified":"2021-05-05T12:23:15","modified_gmt":"2021-05-05T12:23:15","slug":"waiver-of-interest-and-late-fee-to-normal-taxpayers-filing-return-on-monthly-or-quarterly-basis-and-composition-taxpayers-for-the-tax-periods-of-march-and-april-2021","status":"publish","type":"post","link":"https:\/\/indiataxations.in\/index.php\/2021\/05\/05\/waiver-of-interest-and-late-fee-to-normal-taxpayers-filing-return-on-monthly-or-quarterly-basis-and-composition-taxpayers-for-the-tax-periods-of-march-and-april-2021\/","title":{"rendered":"Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021"},"content":{"rendered":"<p>Government has granted waiver from payment of interest and\/or late fee to normal (Monthly \/ Quarterly) &amp; composition taxpayers for the tax periods of March and April, 2021, through Central Tax\u00a0<a href=\"https:\/\/www.cbic.gov.in\/resources\/\/htdocs-cbec\/gst\/notfctn-08-central-tax-english-2021.pdf\" target=\"blank\" rel=\"noopener\">Notification Nos. 08\/2021<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cbic.gov.in\/resources\/\/htdocs-cbec\/gst\/notfctn-09-central-tax-english-2021.pdf\" target=\"blank\" rel=\"noopener\">09\/2021<\/a>, both dated 1st May, 2021. The details are summarized below:<\/p>\n<ul>\n<li>Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B<\/li>\n<\/ul>\n<table border=\"1\">\n<tbody>\n<tr>\n<td rowspan=\"2\" width=\"32\"><strong>Sl.<br \/>\nNo.<\/strong><\/td>\n<td rowspan=\"2\" width=\"61\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\" width=\"106\"><strong>Class of taxpayer<\/strong><\/p>\n<p><strong>(Based on AATO)<\/strong><\/td>\n<td rowspan=\"2\" width=\"85\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\" width=\"255\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\" width=\"113\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>First 15 days from due date<\/strong><\/td>\n<td width=\"76\"><strong>Next 15 days<\/strong><\/td>\n<td width=\"85\"><strong>From 31<sup>st<\/sup>\u00a0 day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\" width=\"32\">1<\/td>\n<td rowspan=\"2\" width=\"61\">March, 2021<\/td>\n<td width=\"106\">&gt; Rs. 5 Cr.<\/td>\n<td width=\"85\">20<sup>th<\/sup>\u00a0April<\/td>\n<td width=\"94\">9%<\/td>\n<td width=\"76\">18%<\/td>\n<td width=\"85\">18%<\/td>\n<td width=\"113\">5<sup>th<\/sup>\u00a0May, 2021<\/td>\n<\/tr>\n<tr>\n<td width=\"106\">Up to Rs. 5 Cr<\/td>\n<td width=\"85\">20<sup>th<\/sup>\u00a0April<\/td>\n<td width=\"94\">Nil<\/td>\n<td width=\"76\">9%<\/td>\n<td width=\"85\">18%<\/td>\n<td width=\"113\">20<sup>th<\/sup>\u00a0May, 2021<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\" width=\"32\">2<\/td>\n<td rowspan=\"2\" width=\"61\">April, 2021<\/td>\n<td width=\"106\">&gt; Rs. 5 Cr.<\/td>\n<td width=\"85\">20<sup>th<\/sup>\u00a0May<\/td>\n<td width=\"94\">9%<\/td>\n<td width=\"76\">18%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"85\">18%<\/td>\n<td width=\"113\">4<sup>th<\/sup>\u00a0June, 2021<\/td>\n<\/tr>\n<tr>\n<td width=\"106\">Up to Rs. 5 Cr<\/td>\n<td width=\"85\">20<sup>th<\/sup>\u00a0May<\/td>\n<td width=\"94\">Nil<\/td>\n<td width=\"76\">9%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"85\">18%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"113\">19<sup>th<\/sup>\u00a0June, 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme<\/li>\n<\/ul>\n<table border=\"1\">\n<tbody>\n<tr>\n<td rowspan=\"2\" width=\"42\"><strong>Sl.<br \/>\nNo.<\/strong><\/td>\n<td rowspan=\"2\" width=\"118\"><strong>Tax Period<\/strong><\/td>\n<td rowspan=\"2\" width=\"80\"><strong>Class of taxpayer<\/strong><\/p>\n<p><strong>(Based on AATO)<\/strong><\/td>\n<td rowspan=\"2\" width=\"98\"><strong>Due date of filing<\/strong><\/td>\n<td colspan=\"3\" width=\"229\"><strong>Reduced Rate of Interest<\/strong><\/td>\n<td rowspan=\"2\" width=\"96\"><strong>Waiver of late fee till<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"87\"><strong>First 15 days from due date<\/strong><\/td>\n<td width=\"66\"><strong>Next 15 days<\/strong><\/td>\n<td width=\"76\"><strong>From 31<sup>st<\/sup>\u00a0 day onwards<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"42\">1<\/td>\n<td width=\"118\">March, 2021<\/td>\n<td width=\"80\">Form GSTR-3B (Quarterly)<\/td>\n<td width=\"98\">22\/24<sup>th<\/sup>\u00a0\u00a0April, 2021,<\/p>\n<p>(Group A\/B)<\/td>\n<td width=\"87\">Nil<\/p>\n<p>&nbsp;<\/td>\n<td width=\"66\">9%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"76\">18%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"96\">22\/ 24<sup>th<\/sup>\u00a0\u00a0May, 2021,<\/p>\n<p>(Group A\/B)<\/td>\n<\/tr>\n<tr>\n<td width=\"42\">2<\/td>\n<td width=\"118\">April, 2021<\/td>\n<td width=\"80\">Form GST PMT-06<\/td>\n<td width=\"98\">25<sup>th<\/sup>\u00a0May, 2021<\/td>\n<td width=\"87\">Nil<\/p>\n<p>&nbsp;<\/td>\n<td width=\"66\">9%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"76\">18%<\/p>\n<p>&nbsp;<\/td>\n<td width=\"96\">NA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ol type=\"A\">\n<li style=\"list-style-type: none;\">\n<ol type=\"A\">\n<li><u><b>Relaxations in filing Form CMP-08 for Composition Taxpayers<\/b><\/u>\u00a0: For Quarter of Jan-March, 2021, instead of 18th April, 2021, Composition Taxpayers can now file their quarterly return in Form CMP-08, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p>Thanking You,<br \/>\nTeam INDIATAXATIONS<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government has granted waiver from payment of interest and\/or late fee to normal (Monthly \/ Quarterly) &amp; composition taxpayers for the tax periods of March and April, 2021, through Central Tax\u00a0Notification Nos. 08\/2021\u00a0and\u00a009\/2021, both dated 1st May, 2021. The details are summarized below: Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/indiataxations.in\/index.php\/2021\/05\/05\/waiver-of-interest-and-late-fee-to-normal-taxpayers-filing-return-on-monthly-or-quarterly-basis-and-composition-taxpayers-for-the-tax-periods-of-march-and-april-2021\/\"> <span class=\"screen-reader-text\">Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/posts\/25414"}],"collection":[{"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/comments?post=25414"}],"version-history":[{"count":1,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/posts\/25414\/revisions"}],"predecessor-version":[{"id":25415,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/posts\/25414\/revisions\/25415"}],"wp:attachment":[{"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/media?parent=25414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/categories?post=25414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiataxations.in\/index.php\/wp-json\/wp\/v2\/tags?post=25414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}