Seeks to waive late fee payable for delayed filing of FORM GSTR-3B for Aug & Sep, 2017
Waiver of Late Fee for GSTR-3B Returns for August and September 2017
The Government of India, through the Ministry of Finance's Department of Revenue and the Central Board of Excise and Customs, issued a notification (No. 50/2017 – Central Tax) on October 24, 2017. This notification exercises the powers granted by section 128 of the Central Goods and Services Tax Act, 2017. It announces the waiver of the late fee, which is typically required under section 47 of the same Act. This waiver applies to all registered individuals who did not submit their FORM GSTR-3B returns for the months of August and September 2017 by the due date. The decision to waive these fees was made following recommendations from the GST Council. This notification was formalized by Dr. Sreeparvathy S.L., the Under Secretary to the Government of India. The notification indicates the government's effort to alleviate the burden on taxpayers who missed the filing deadline for these specific months.
Note: It is an AI generated summary for reference purpose only.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 50/2017 – Central Tax
New Delhi, the 24th October, 2017
G.S.R. (E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all registered persons who failed to furnish the return in FORM GSTR-3Bfor the months of August and September, 2017 by the due date.
