Notification No. 06/2021 – CT: GST Penalty Waiver Extension

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Notification No. 06/2021 – Central Tax: Seeks to waive penalty payable for non-compliance of provisions of Notification No. 14/2020 dated 21st March 2020.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following amendments in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 89/2020 – Central Tax, dated the 29^th November, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 745(E), dated the 29^th November, 2020, namely:–

In the said notification, –

in the first paragraph, for the figures, letters and words, “31^st day of March”, the figures, letters and words “30^th day of June”, shall be substituted;

in the first paragraph, for the figures, letters and words, “01^st day of April”, the figures, letters and words “1^st day of July”, shall be substituted.

(Rajeev Ranjan)
Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide notification No. 89/2020-Central Tax, dated the 29^th November, 2020, published vide number G.S.R. 745(E), dated the 29^th November, 2020.

📚 Frequently Asked Questions (FAQs): Notification No. 06/2021 – Central Tax

Q1: What is Notification No. 06/2021 – Central Tax about?

Answer:
Notification No. 06/2021 – Central Tax, issued on 30th March 2021, amends Notification No. 89/2020 – Central Tax. It extends the waiver of penalty for non-compliance of provisions of Notification No. 14/2020 dated 21st March 2020. The compliance deadlines were shifted from 31st March 2021 to 30th June 2021, and applicability dates were also updated.

Q2: Which GST law section empowers this notification?

Answer:
The amendment has been made under Section 128 of the CGST Act, 2017, which empowers the government to waive or reduce penalties payable under GST.

Q3: What changes were introduced by Notification No. 06/2021?

Answer:
The key changes are:
The penalty waiver period has been extended.
Compliance due dates originally ending on 31st March 2021 now extend to 30th June 2021.
The new effective date for certain provisions has been shifted from 1st April 2021 to 1st July 2021.

Q4: How does this notification benefit taxpayers?

Answer:
Taxpayers get relief as they have more time to comply without paying penalties. This particularly helps small and medium businesses who faced operational disruptions due to COVID-19.

Q5: How is Notification No. 06/2021 connected to Notification No. 14/2020?

Answer:
Notification No. 14/2020 laid down compliance requirements. Notification No. 89/2020 waived penalties for non-compliance, and now Notification No. 06/2021 extends this relief further, offering extended timelines.

Q6: Who should take note of this amendment?

Answer:
Businesses registered under GST.
Taxpayers who could not meet earlier compliance dates.
Professionals handling GST compliance.

Q7: Where can businesses get expert GST help related to this notification?

Answer:
Businesses can consult GST Experts at Finodha for professional support in GST Compliance, GST Return Filing, and Online GST Registration.

Q8: Does this notification affect late fees for GST returns?

Answer:
Indirectly yes, as extending the timeline means penalties for late compliance during the relief period are not applicable. However, normal late fee rules apply after the extended deadline.

Q9: How can MSMEs benefit from this relief?

Answer:
MSMEs with limited resources get additional time for compliance without financial burden. They can also simplify compliance by using services like MSME Registration and digital solutions for GST filings.

Q10: What is the official reference of this notification?

Answer:
Notification No. 06/2021 – Central Tax
Issued by: Ministry of Finance (CBIC)
Dated: 30th March 2021
Amends: Notification No. 89/2020 – Central Tax

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