CBIC Notifies Waiver of interest for E-Commerce Operators for failure to furnish the TCS statement in Form GSTR-8

The Central Board of Indirect Taxes and Customs (CBIC) Vide Notification No. 08/2022 – Central Tax dated 07th June 2022 Notifies Waiver of interest under section 50 of CGST ACT, 2017 for specified class of E-Commerce Operators who failed to furnish the TCS statement in Form GSTR-8.

The Notification is Given Below:

G.S.R…….(E).- In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby notifies the rate of interest per annum to be ‘Nil’, for the class of registered persons mentioned in column (2) of the Table given below, who were required to furnish the statement in FORM GSTR-8, but failed to furnish the said statement for the months mentioned in the corresponding entry in column (3) of the said Table by the due date, for the period mentioned in the corresponding entry in column (4) of the said Table, namely:–

For Official Notification Download PDF Given Below: