+91-8512-022-044 help@finodha.in

Notification No 07/2024 – Central Tax: Seeks to provide waiver of interest for specified registered persons for specified tax periods.

by | Apr 8, 2024 | GST, 2024 Notifications, Central Tax 2024 Notifications, Notifications | 0 comments

Talk to an Expert: File ITR, GST & Other Business support services:

6 + 15 =

Important Keyword: F. No. CBIC-20013/7/2021, Notification No 07/2024 – Central Tax, Section 50(1) CGST Act 2017.

[F. No. CBIC-20013/7/2021]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

No. 1559]
New Delhi, the 8th April, 2024

Notification No 07/2024 – Central Tax GST

CG-DL-E-08042024-253598

S.O. 1642(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) (herein after referred to as the Act), 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 (1) of the Table given below, who were required to furnish the return in FORM GSTR-3B, but failed to furnish the said return for the months mentioned against the corresponding entry in column (2) of the said Table by the due date, for the period mentioned against the corresponding entry in column (3) of the said Table, namely:–

TABLE
Class of registered personsMonthsPeriod for which interest is to be ‘Nil’
(1)(2)(3)
Registered person having the following Goods and Services Tax Identification Numbers who are liable to furnish the return as specified under sub-section (1) of section 39 of the Act but could not file the return for the month as mentioned in the corresponding column (2), by the due date, because of technical glitch on the portal but had sufficient balance in their electronic cash ledger or electronic credit ledger, or had deposited the required amount through challan, namely: –  From the due date of filling return in
Form GSTR 3B to the actual date of
furnishing such return.
1.19AAACI1681G1ZMJune, 2018
2.19AAACW2192G1Z8October 2018
3.19AABCD7720L1ZFJuly 2017 and August 2017
4. 19AAECS6573R1ZCJuly 2017 to February 2018

RAGHAVENDRA PAL SINGH,
Director

Read More: Notification No. 27/2017 – Central Tax (Rate): Seeks to amend notification no. 1/2017- central tax(rate) dated 28.06.2017 to give effect to Goods and Services Tax council decisions regarding Goods and Services Tax rates.

Web Stories: Notification No. 27/2017 – Central Tax (Rate): Seeks to amend notification no. 1/2017- central tax(rate) dated 28.06.2017 to give effect to Goods and Services Tax council decisions regarding Goods and Services Tax rates.

Download Pdf: https://taxinformation.cbic.gov.in/view-pdf/1010056/ENG/Notifications

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Shares
Share This