Seeks to rationalize late fee imposed under section 47 of the CGST Act, 2017 for late filing of return in FORM GSTR-3B from June, 2021 onwards

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..... - In exercise of the powers conferred by section 128 of the Odisha Goods and Services Tax Act. 2017 (Odisha Act 7 of 2017) (hereafter in this notification referred to as the said Act), the State Government, on the recommendations of the Goods and Services Tax Council, do hereby make the following further amendment in the notification of the Government of Odisha in the Finance Department .....

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..... ons Tax period Period for which late fee waived (1) (2) (3) (4) 1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year March, 2021, April, 2021 and May, 2021 Fif .....

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..... liable to furnish the return as specified under proviso to sub-section (1) of Section 39 January-March, 2021 Sixty days from the due date of furnishing return. ; (ii) after the eighth proviso, with effect from the 1st June. 2021, the following proviso shall be inserted, namely: - Provided also that for the registered persons who fai .....

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..... ne, 2021 to the 31 st day of August, 2021: 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 onwards, 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 corre .....

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..... ggregate 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 [No. 16399-FIN-CTI-TAX-0002/2020] By order of the Governor Special Secretary to Government - Notification Tax Management India - taxmanagementin .....

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