Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1 - 20/2021-State Tax - Mizoram SGST

GOVERNMENT OF MIZORAM NOTIFICATION No. 20/2021-State Tax No. J. 21011/7/2021-TAX, the 11th June, 2021. - In exercise of the powers conferred by section 128 of the Mizoram Goods and Services Tax Act, 2017 (6 of 2017) (hereafter in this notification referred to as the said Act), the Governor of Mizoram, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of Mizoram, Taxation Department, No. 4/2018- State Tax, dated the 12th February, 2018, issued vide number No.J.21011/1/2017-TAX/vol III/Pt(i), namely: - In the said notification, after the fourth proviso, the following proviso shall be inserted, namely: - Provided also that the total amount of late fee payable under section 47 of the said Act for the tax period June, 2021 onwards or quarter ending June, 2021 onward, as the case may be, shall stand waived which is in excess of an amount as specified in column (3) of the Table given below, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who fail to furnish the details of outward supplies in FORM GSTR-1 by the due date, namely: - TABLE S. No. Class of registered persons Amount (1) (2) (3) 1. Registered persons who have nil outward supplies in the tax period Two hundred and fifty Rupees 2. Registered persons having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year, other than those covered under S. No. 1 One thousand rupees 3. Registered persons having an aggregate turnover of more than rupees 1.5 crores and up to rupees 5 crores in the preceding financial year, other than those covered under S. No. 1 Two thousand and five hundred rupees Vanlal Chhuanga, Commr. Secretary to the Govt. of Mizoram, Taxation Department. Note: The principal notification No. 4/2018-Central Tax, dated 12th February 2018 was issued vide number No.J.21011/1/2017-TAX/Vol lll/Pt(i) and was last amended vide notification number 53/2020 State Tax, dated the 13th July, 2020, issued vide number No.J.21011/2/2020(4)-Tax.