News Update

Last Date For Availing GST Amnesty Scheme Extended By FinMin Till Nov 30

• BySheetal Sidhu     |    August 30, 2021

The Finance Ministry on Sunday extended the last date to avail the GST amnesty scheme, under which taxpayers have to pay a reduced fee for delayed filing of monthly returns by three months till November 30. The GST council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, had in May decided to come out with an Amnesty Scheme to provide relief to taxpayers in late fee for pending returns. The late fee for non-furnishing of GSTR-3B for July 2017 to April 2021 has been capped at Rs 500 per return for those taxpayers who did not have any tax liability. For those with tax liability, a maximum Rs 1,000 per return late fees would be charged, provided such returns are filed by August 31, 2021.

“The last date to avail benefit of the late fee amnesty scheme, has now been extended from existing August 31, 2021 to November 30, 2021,” the ministry said in a statement. Based on the multiple representations received, the government also extended the timelines for filing of application for revocation of cancellation of registration to September 30, 2021, where the due date of filing of application for revocation of cancellation of registration falls between March 1, 2020 to August 31, 2021. The filing of Form GSTR-3B and Form GSTR-1/IFF by companies using electronic verification code (EVC), instead of Digital Signature certificate (DSC), has already been enabled for the period from April 27, 2021 to August 31, 2021. This has been further extended to October 31, 2021.

The government on Sunday extended the deadline for various compliances under the income tax law and availing relief under the GST law to help taxpayers tide over difficulties in filing such forms.

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