GST Amnesty Scheme for Pending GSTR-4 Returns.

In the 49th GST Council meeting held on February 18, 2023, the council recommended an amnesty scheme for taxpayers with pending GSTR-4 returns. 

The scheme aims to offer conditional waiver or reduction of late fees to help taxpayers clear their pending returns.


CBIC Issues Notification to Implement Amnesty Scheme The CBIC has issued the Notification 2/2023, to bring the amnesty scheme into effect. The notification outlines the benefits and conditions for availing the scheme. This Notification amends earlier Notification 73/2017 and inserts a new proviso to waive late fees payable in excess of Rs 500/- under Section 47 of the CGST Act by a registered taxpayers for failure to furnish the return in Form GSTR-4 for the perid July 2017 to March 2022 by the due date. Further, such late fee is fully waived where the total amount of central tax payable in the Form GSTR-4 is NIL. To avail the amnesty, the taxpayer has to file all the pending returns in Form GSTR-4 during the period from April 1, 2023, to June 30, 2023. 

Amnesty Scheme GSTR-4 Returns

CBIC Central Tax Notification 2/2023 dated 31/03/2023: 

GSTR-4 amnesty Scheme Who is Eligible for the Amnesty Scheme? 

Any taxpayer with pending GSTR-4 returns for any period between July 2017 and March 2022 can avail the benefits of the amnesty scheme. 

Maximum Penalty under the Amnesty Scheme ?

The maximum penalty under the amnesty scheme varies depending on the taxpayer’s situation: 

a) For taxpayers with zero tax payable: NIL 

b) For other taxpayers: Maximum penalty will be Rs 500/- per return (Rs 250/- CGST + Rs 250/- SGST). 

Conditions to Avail the Amnesty Scheme? 

To benefit from the amnesty scheme, taxpayers must file their pending GSTR-4 returns between April 1, 2023, and June 30, 2023. 

In conclusion, the CBIC’s GSTR-4 Amnesty Scheme aims to provide relief to taxpayers by reducing penalties for pending returns. By taking advantage of this scheme, taxpayers can clear their backlog and avoid significant penalties. Ensure you file your pending GSTR-4 returns within the specified period to avail the benefits of this amnesty scheme.

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