NEW DELHI: The Government on Tuesday waived late fee on filing of GSTR-3B return for the month of August and September.
“To facilitate taxpayers, late fee on filing of GSTR-3B for August and September has been has been waived,”finance minister Arun Jaitley tweeted. The late fee which has been already charged to businesses will be credited back to the taxpayers accounts.
To facilitate taxpayers, late fee on filing of GSTR-3B for Aug&Sept has been waived. Late fee paid will be credited back to taxpayer ledger.
— Arun Jaitley (@arunjaitley) October 24, 2017
Businesses have been putting pressure on Government to waive penalty for delayed filing of GSTR-3B returns. As per the data, 55.87 lakh GSTR-3B returns were filed for July, 51.37 lakh for August and over 42 lakh for September.
The actual due dateof GSTR-3B for a month is filed on the 20th day of the next month after paying due taxes. As per the data with the GST Network (GSTN), a huge part of businesses file their returns after the expiry of the due date. While only 33.98 lakh July returns were filed till the due date, the number has now gone up to 55.87 lakh.
Similarly for August 28.46 lakh returns were filed till the last date, but the figure went up to 51.37 lakh later. Also for September while 39.4 lakh returns were filed by the due date, the number is rising and was over 42 lakh till Monday.