Home      Free WhatsApp Updates      Services      Subscription Plans
🔒 Login    

Composition Scheme under GST

    

Treatment of Job Work in GST and Form ITC-04

    

Paver blocks laid down for parking of cars to avoid quicker wear & tear due to accumulation of water & dust amounts to construction of immovable property and not eligible for GST Input: Says AAR

    

Rule 36(4) - Buyer's ITC at the mercy of supplier?

    

High Court stayed interest, penalty and further investigation of other products of Whirlpool in response to writ filed by them.

    

Poultry Meal to attract 5% GST whereas Poultry Fat to attract 12% GST: Says AAR

    

GST on lease premium charges, annual lease rentals and maintenance charges paid on lease of land for own bulding construction is restricted and not eligible for ITC as per section 17(5)(d): Says AAR

    

Supply of food to Hospital on outsourcing basis to hospital patients shall be chargeable to 5% GST with no input w.e.f. 27.07.2018: Says AAR

    

GST Profiteering of Rs. 1,57,200 established in the case of supply of Duracell Battery AA/6 by respondent.

    

Revocation of GST Registration Applications

    
View all
Subscription Plans   
TaxReply.com - Free Tax updates for All
GST Library
Taxreply tweets
GST News
About GST Library
E-Books
Subscription Plans
Offers New
GST Rates Reckoner
Classification of Goods and Services
Classification of Goods and Services (Search)
Free Trial
GST Set-off Calculator
Full Site Search
GST Act / Rules
GST Act / Rules - Latest Amendments
GST Amendment Statistics
GST Notifications / Circulars Press Releases +
National Anti-Profiteering Authority
GST Case Laws (All)
↳ AAR Orders
↳ AAAR Orders
↳ NAA Orders
↳ High Court Orders
↳ Supreme Court Orders
GST Forms   
E-way Bill
↳ E-way Notifications
↳ E-way Bill News
↳ E-way Bill Rules
↳ E-way Bill FAQ
Finance Bill

Notification No. 57/2020 – Central Tax dated 30.06.2020

CBIC has issued Notification No.57/2020 on 30.06.2020 to prescribe maximum amount of penalty if GSTR-3B is filed upto 30.09.2020. The maximum amount of penalty has been restricted to 'Rs. 500/-' in case of other than NIL returns and 'zero' in case of NIL returns for the tax periods from Feb 2020 to July 2020. The said relief is for both class of taxpayers i.e. taxpayers having turnover upto Rs. 5 crores or more than 5 crores. 

Below is the summarised table showing various due dates and amount of penalty after incorporating the Notification No. 57/2020. 

View Notification No.57/2020 - Central Tax

GSTR-3B - Taxpayer having turnover more than Rs. 5 Crore in the preceding FY

Month

No Penalty if return is filed upto

Maximum Penalty if return is filed upto 30.09.2020 (Notification No. 57/2020)

Feb 2020

24.06.2020
(in case of delay, Penalty to be calculated from 21.03.2020)
Notification No.52/2020

‘Zero’ in case of Nil Returns

and

Rs. 500/- in case of other than Nil Return

Notification No.57/2020

Mar 2020

24.06.2020
 (in case of delay, Penalty to be calculated from 21.04.2020)
Notification No.52/2020

Apr 2020

24.06.2020
(in case of delay, Penalty to be calculated from  21.05.2020)
Notification No.52/2020

May 2020

27.06.2020
 (in case of delay, Penalty to be calculated from 28.06.2020)
Notification No.36/2020

June 2020

20.07.2020
(in case of delay, Penalty to be calculated from  21.07.2020)
Notification No.29/2020

July 2020

20.08.2020
(in case of delay, Penalty to be calculated from  21.08.2020)
Notification No.29/2020

 

GSTR 3B - Taxpayer having turnover upto Rs. 5 Crore in the preceding FY
(State Category I)*

Month

No Penalty if return is filed upto

Maximum Penalty if return is filed upto 30.09.2020 vide Notification No. 57/2020

Feb 2020

30.06.2020
(in case of delay, Penalty to be calculated from 23.03.2020)
Notification No.52/2020

‘Zero’ in case of Nil Returns

and

Rs. 500/- in case of other than Nil Return

Notification No.57/2020

Mar 2020

03.07.2020
(in case of delay, Penalty to be calculated from 23.04.2020)
Notification No.52/2020

Apr 2020

06.07.2020
(in case of delay, Penalty to be calculated from 23.05.2020)
Notification No.52/2020

May 2020

12.09.2020
(in case of delay, Penalty to be calculated from 13.07.2020)
Notification No.52/2020 & Notification No.36/2020

June 2020

23.09.2020
(in case of delay, Penalty to be calculated from 23.07.2020)
Notification No.52/2020

July 2020

27.09.2020
(in case of delay, Penalty to be calculated from 23.08.2020)
Notification No.52/2020

Aug 2020 01.10.2020
(in case of delay, Penalty to be calculated from 02.10.2020)
Notification No.54/2020
Not Applicable


GSTR 3B - Taxpayer having turnover upto Rs. 5 Crore in the preceding FY
(State Category II)**

Month

Date

Maximum Penalty if return is filed upto 30.09.2020 vide Notification No. 57/2020

Feb 2020

30.06.2020
(in case of delay, Penalty to be calculated from 25.03.2020)
Notification No.52/2020

Zero’ in case of Nil Returns

and

Rs. 500/- in case of other than Nil Return

Notification No.57/2020

Mar 2020

05.07.2020
(in case of delay, Penalty to be calculated from 25.04.2020)
Notification No.52/2020

Apr 2020

09.07.2020
(in case of delay, Penalty to be calculated from 25.05.2020)
Notification No.52/2020

May 2020

15.09.2020
(in case of delay, Penalty to be calculated from 15.07.2020)
Notification No.52/2020 & Notification No.36/2020

June 2020

25.09.2020
(in case of delay, Penalty to be calculated from  25.07.2020)
Notification No.52/2020

July 2020

29.09.2020
(in case of delay, Penalty to be calculated from  25.08.2020)
Notification No.52/2020

Aug 2020 03.10.2020
(in case of delay, Penalty to be calculated from 04.10.2020)
Notification No.54/2020
Not Applicable

* State Category I - Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep.

** State Catefoty II - Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi.

View Previous waiver by CBIC on due dates


Notification No.57/2020

Subscribe to Complete GST Library





Published by

TaxReply

on Jun 30, 2020

Comments


Any Reversal of Penalty / Late fee to the Dealer...Who have already paid as per old notification


By: Ca Chetan M. Somaiya | Dt: Jul 1, 2020
Replied to CA Chetan M. Somaiya
YES, GST PORTAL WILL REVERSE THE AMOUNT TO TAX CASH LEDGER SHORTLY.
By: Ca Ankur Agarwal | Dt: Jul 3, 2020
Thank you very much! Big relief tax payers as well as the consultants!
By: S.selvaraj(gst Professional Society) | Dt: Jul 1, 2020
Nice sir
Very useful compilation.
By: Hariom Mittal Indore | Dt: Jul 1, 2020
Thank you sir for the information.
By: Sheetal K | Dt: Jul 1, 2020
Penalty OK. What about interest more than Rs. 5 crore
By: Lmm Chowdary | Dt: Jul 1, 2020
Very useful post. Thank you
By: Mohan D Bagalkot | Dt: Jul 1, 2020
Sir,
You have mentioned penalty whereas for late filing of return assessee have to pay late fees. If wrong pls correct me.

In notification also late fees is mentioned
By: Akash Santhalia | Dt: Jul 1, 2020
Thanks a lot
But today I have filed one GST 3B for the month of July 2019 but portal generate late fees 10000/- . Why
By: Mohammad Yaseen | Dt: Jul 1, 2020
Any reversal of late fees if already paid by taxpayer
By: Shikha Lalwani | Dt: Jul 1, 2020
I have already paid late fee for one GSTR 3B for the month of February, March -2020. Shall I reversed in my cash ledger. Make it convenient to get it back to my cash ledger.
By: Narayana. A | Dt: Jul 1, 2020
Thank you very much!
By: Sethu Paramasivam | Dt: Jul 1, 2020
I am get RC apply so 20 days delay why.
By: Mayilavan Threads | Dt: Jul 2, 2020
late fees payable for delayed submission of GSTR 1 for the month of February to July 2020.
By: S.rajumar | Dt: Jul 11, 2020


Post your comment here !


5763