Taxpayers can now take benefit of amnesty scheme along with applying for revocation of canceled GSTN

The government gave relief to taxpayers by decreasing / waiving the late fee for non-furnishing FORM GSTR-3B for the tax months July 2017 to April 2021 if the returns for these tax periods are filed between 01.06.2021 and 31.08.2021.

The deadline to apply for the late fee amnesty scheme has been extended from August 31, 2021 to November 30, 2021.

[Refer to Notification No. 33/2021 Central Tax dated August 29, 2021].

Based on the numerous representations received, the government has also extended the deadlines for filing an application for revocation of cancellation of registration to September 30, 2021, where the deadline for filing an application for revocation of cancellation of registration is between March 1, 2020 and August 31, 2021.

Only those registrations that have been cancelled under clause (b) or clause (c) of sub-section (2) of section 29 of the CGST Act would be eligible for the extension.

[Refer to Notification No. 34/2021 Central Tax issued August 29, 2021].

For the period of 27.04.2021 to 31.08.2021, corporations can file FORM GSTR-3B and FORM GSTR-1/ IFF utilising an electronic verification code (EVC) instead of a Digital Signature Certificate (DSC). This has been extended till October 31, 2021.

[Refer to Notification No. 32/2021 Central Tax issued August 29, 2021].

The extension of the late fee amnesty scheme’s deadline and the time limit for filing an application for revocation of registration cancellation will benefit a large number of taxpayers, particularly small taxpayers, who were unable to file their returns on time for a variety of reasons, most notably the COVID-19 pandemic’s difficulties, and whose registrations were cancelled as a result.

Taxpayers are requested to avail the benefit of these extensions at the earliest to avoid last minute rush.