{"id":15543,"date":"2020-11-03T18:45:08","date_gmt":"2020-11-03T13:15:08","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=15543"},"modified":"2020-11-03T18:45:10","modified_gmt":"2020-11-03T13:15:10","slug":"cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/","title":{"rendered":"CBIC Waives off Late Fees For GSTR-4 and GSTR-10"},"content":{"rendered":"\n<p>The COVID- 19 pandemic and the series of lockdown have majorly disrupted the Indian Economy. As a result, the Government of India had announced several measures to tackle the situation of hassle, such as Food Security, Extension of Tax Deadlines, Extra Funds for Healthcare Services, etc. In the same manner, CBIC has waived off Late Fees for GSTR 4 and GSTR 10. In this blog, we will discuss the 2 rulings passed by CBIC in detail.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a770fc28bc\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a770fc28bc\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Concept_of_Late_Fees_under_GST\" title=\"Concept of Late Fees under GST\">Concept of Late Fees under GST<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Provisions_Governing_the_Levy_of_Late_Fees_under_GST\" title=\"Provisions Governing the Levy of Late Fees under GST\">Provisions Governing the Levy of Late Fees under GST<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Waiver_of_Late_Fees_for_GSTR_4_by_CBIC\" title=\"Waiver of Late Fees for GSTR 4 by CBIC\">Waiver of Late Fees for GSTR 4 by CBIC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Waiver_of_Late_Fees_for_GSTR_10_by_CBIC\" title=\"Waiver of Late Fees for GSTR 10 by CBIC\">Waiver of Late Fees for GSTR 10 by CBIC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Earlier_Waiver_of_Late_Fees_Made_by_CBIC\" title=\"Earlier Waiver of Late Fees Made by CBIC\">Earlier Waiver of Late Fees Made by CBIC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/cbic-waives-off-late-fees-for-gstr-4-gstr-10-returns\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_Late_Fees_under_GST\"><\/span>Concept of Late Fees under GST<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under the GST Act, every registered\nperson needs to file its Monthly\/ Quarterly\/ Annual Return within the due date prescribed.\nFurther, it shall be relevant to state that the due date of GST Return Filing\ndepends on the status type of the Taxpayer.<\/p>\n\n\n\n<p>However, if in case a taxpayer fails to\nfile the return or pay tax on time, then he\/ she requires to pay late fees,\ntogether with interest charged on the late payment.<\/p>\n\n\n\n<p>Further, it shall be taken into consideration that the late fee is charged for every day during which such a delay or failure continues on the part of the taxpayer having <strong><a href=\"https:\/\/swaritadvisors.com\/gst-registration\" class=\"text-primary\">GST Registration<\/a><\/strong> after the due date of filing. <\/p>\n\n\n\n<p>Also, the concept of Late Fees applies to NIL Returns as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Provisions_Governing_the_Levy_of_Late_Fees_under_GST\"><\/span>Provisions Governing the Levy of Late Fees under GST<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Section 47 of the Central Goods and Service Tax or CGST Act deals with the concept of levying late fees under GST. As per this section, if a registered taxpayer fails to submit the details of the inward and outward supplies made under section 37\/ 38\/ 39\/ 45, then he\/ she needs to pay Rs 200 as late fees. <\/p>\n\n\n\n<p>Further, the amount of Rs 200 includes Rs 100 under CGST and Rs 100 under SGST\/ UTGST. Also, the late fee is charged for every day for which such a failure continues, subject to a maximum of Rs 5000.<\/p>\n\n\n\n<p>Moreover,\nas per section 47 (2), any taxpayer who fails to submit the return under\nsection 44 by the due date prescribed, then he\/ she will be liable to pay a GST\nLate Fee of Rs 200. <\/p>\n\n\n\n<p>In this case, also, the amount of Rs 200 includes Rs 100 under CGST and Rs 100 under SGST\/ UTGST. And, the late fee is charged for every day for which such a failure continues, subject to a maximum of 0.25% of his\/ her annual turnover in the State or Union Territory.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waiver_of_Late_Fees_for_GSTR_4_by_CBIC\"><\/span>Waiver of Late Fees for GSTR 4 by CBIC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per a notification issued 67\/2020 by\nthe CBIC (Central Bureau of Indirect Taxes and Customs), if any composite\ntaxpayer fails to file Form GSTR 4 for the of July 2017 to March 2020, then he\/\nshe can now avail of some relaxations as follows:<\/p>\n\n\n\n<ol><li>In the case of NIL Returns, the applicant needs to file Form GSTR 4 on or before 31.10.2020. That means no late fees will be charged.<\/li><li>In the case of a Single Transaction, the late fee for Form GSTR 4 will be Rs 25 per day, which shall maximum be Rs 250 \/-. Therefore, the total GST Late Fee applicable for non-filing of Form GSTR 4 will be Rs 500\/- (Rs 250 under CGST and Rs 250 under SGST\/ UTGST). However, the only condition is that the applicant needs to file Form GSTR 4 from 22.09.2020 to 31.10.2020.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waiver_of_Late_Fees_for_GSTR_10_by_CBIC\"><\/span>Waiver of Late Fees for GSTR 10 by CBIC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The registered taxpayer requires to file Form GSTR 10 or Final <strong><a href=\"https:\/\/swaritadvisors.com\/gst-return-filing\" class=\"text-primary\">GST Return filing<\/a><\/strong> during the event of GST Cancellation.<\/p>\n\n\n\n<p>As per the notification issued 68\/ 2020\nby the CBIC, the government has decided to provide an upper limit on the late\nfee charged for the late filing of Form GSTR 10. Further, the relaxations\nbought through the notification issued are as follows:<\/p>\n\n\n\n<ol><li>The government has waived off the late fee charged for non- filing of Form GSTR 10 within the prescribed due date, i.e., 31.10.2020 in excess of Rs 250\/-<\/li><li>Therefore, the late fee charged for the non-filing of Form GSTR 10 is Rs 500\/- (Rs 250 under CGST and Rs 250 under SGST\/ UTGST)<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Earlier_Waiver_of_Late_Fees_Made_by_CBIC\"><\/span>Earlier Waiver of Late Fees Made by CBIC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The earlier occasions of Late Fees\nWaiver are as follows:<\/p>\n\n\n\n<ol><li>According to Notification No 52\/ 2020, dated 24.06.2020, the <strong>Central Bureau of Indirect Taxes and Customs<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/www.cbic.gov.in\/\"><strong><em>[1]<\/em><\/strong><\/a><\/sup>) had waived off\/ reduced the late fees for the late filing of Form GSTR 3B for the period starting from July 2017 to January 2020.<\/li><li>According to Notification No 57\/ 2020, dated 30.06.2020, the government had capped the maximum late fee at Rs 500 per GST Return, for the tax periods specified, filed after the deadlines provided in Notification 52\/ 2020 but before 30.09.2020.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a nutshell, the waiver of the late\nfees for Form GSTR 4 and GSTR 10 can be summarised as:<\/p>\n\n\n\n<ol><li>If the tax payable is NIL, the government has completely waived off the fee.<\/li><li>If the tax payable exists, then the late fee of Rs 25 will be levied;<\/li><li>The maximum late fee charged for the non-filing of Form GSTR 4 is Rs 500\/-.<\/li><li>The total late fee charged for the non-filing of GSTR 10 is Rs 500\/-.<\/li><\/ol>\n\n\n\n<p>In case of any other doubt or dilemma regarding GST Registration and GST Return Filing, visit Swarit Advisors.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/gst-on-travel-agents-and-tour-operators\/\">GST On Travel Agents and Tour Operators<\/a><\/mark><\/p>\n\n\n<a href=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/notfctn-67-central-tax-english-2020.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">notfctn-67-central-tax-english-2020<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n\n\n<a href=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/11\/notfctn-68-central-tax-english-2020.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">notfctn-68-central-tax-english-2020<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The COVID- 19 pandemic and the series of lockdown have majorly disrupted the Indian Economy. As a result, the Government of India had announced several measures to tackle the situation of hassle, such as Food Security, Extension of Tax Deadlines, Extra Funds for Healthcare Services, etc. In the same manner, CBIC has waived off Late [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":15549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[852,850,851],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15543"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=15543"}],"version-history":[{"count":13,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15543\/revisions"}],"predecessor-version":[{"id":15559,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15543\/revisions\/15559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/15549"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=15543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=15543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=15543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}