Notification No.: 68/2020 – Central Tax
Date of Notification: 21st September 2020
Relevant Sections and Rules:
- Central GST Act, 2017:
- Section 47 – Levy of late fee for delayed return filing
- Section 128 – Power to waive late fee
- CGST Rules, 2017:
- Rule 81 – Final return (GSTR-10)
Summary of Notification
Waiver of Late Fee for GSTR-10 (Final Return) Filing – Conditional Relief:
The Government, exercising powers under Section 128 of the CGST Act, has waived the excess late fee for taxpayers who failed to file their Final Return in FORM GSTR-10 within the prescribed time.
🧾 Applicable Condition:
The return in FORM GSTR-10 must be furnished between
22nd September 2020 to 31st December 2020.
💰 Waiver Limit:
The late fee is capped at ₹250 per Act (i.e., ₹250 under CGST + ₹250 under SGST), and any amount in excess of ₹250 under CGST is waived.
🎯 Objective:
To provide one-time relief for taxpayers whose GST registrations were cancelled and who were unable to comply with the GSTR-10 filing requirement in time.
