Central Board of Indirect Tax (CBIC) extend various due date and waived off penalty of GST returns

Sr. No.

Class of persons

Tax Period

Period for which late fee waived

1

Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year

March 2021 and April 2021

Fifteen days from the due date of furnishing return

2.

Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under sub-section (1) of section 39

March 2021 and April 2021

Thirty days from the due date of furnishing return

3.

Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under proviso to sub-section (1) of section 39

January-March, 2021

Thirty days from the due date of furnishing return.

4.

Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year

March 2021, April 2021

9 percent for the first 15 days from the due date and 18 percent thereafter

5.

Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under sub-section (1) of section 39

March 2021, April 2021

Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter

6.

Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year who are liable to furnish the return as specified under proviso to sub-section (1) of section 39

March 2021, April 2021

Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter

7.

Taxpayers who are liable to furnish the return as specified under sub-section (2) of section 39

Quarter ending March 2021

Nil for the first 15 days from the due date, 9 percent for the next 15 days, and 18 percent thereafter