Waiver of Interest on FORM GSTR-3B for Specified Persons · 07/2024 – Central Tax
CBIC / GST notification 07/2024 – Central Tax · 08 Apr 2024
Official title
07/2024-Central Tax : Seeks to provide waiver of interest for specified registered persons for specified tax periods
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government notifies a nil rate of interest for specified registered persons who failed to furnish FORM GSTR-3B by the due date. This waiver applies to four registered persons identified by specific Goods and Services Tax Identification Numbers for designated months between July 2017 and October 2018. The condition requires that a technical glitch on the portal prevented filing despite sufficient ledger balances or challan deposits. The waiver covers the period from the due date of filing the return in Form GSTR 3B to the actual date of furnishing such return.
What you must do
- Furnish the return in FORM GSTR-3B for the specified months.
Who is affected
Document text
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)]
Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs
Notification
No 07/2024 – Central Tax
New Delhi, the $08^{\text{th}}$ April, 2024.
S.O….(E).— In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (herein after referred to as the Act), the Government, on the recommendations of the Council, hereby notifies the rate of interest per annum to be ‘Nil’, for the class of registered persons mentioned in column (1) of the Table given below, who were required to furnish the return in FORM GSTR-3B, but failed to furnish the said return for the months mentioned against the corresponding entry in column (2) of the said Table by the due date, for the period mentioned against the corresponding entry in column (3) of the said Table, namely:–
TABLE
| Class of registered persons | Months | Period for which interest is to be ‘Nil’ |
|---|---|---|
| (1) | (2) | (3) |
Registered person having the following Goods and Services Tax Identification Numbers who are liable to furnish the return as specified under sub-section (1) of section 39 of the Act but could not file the return for the month as mentioned in the corresponding column (2), by the due date, because of technical glitch on the portal but had sufficient balance in their electronic cash ledger or electronic credit ledger, or had deposited the required amount through challan, namely: -
|
[F.No.CBIC-20013/7/2021-GST]
(Raghavendra Pal Singh) Director
Source details
- Source
- Central Board of Indirect Taxes and Customs / GST
- Type
- notification
- Published by source
- 08 Apr 2024
- Document number
- 07/2024 – Central Tax
- Issuing division
- Central Board of Indirect Taxes and Customs
- Coverage area
- indirect-tax