Important Keyword: Notification No. 50/2017 Central Tax, GSTR-3B late fee waiver, GST late fee relief India, CGST notification 50/2017, GST return penalty waiver India,
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[F. No. 349/74/2017(Pt.)]
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
New Delhi, the 24th October, 2017
Notification No. 50/2017 – Central Tax: Seeks to waive late fee payable for delayed filing of FORM GSTR-3B for Aug & Sep, 2017
GST: [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India
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 Central Government, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all registered persons who failed to furnish the return in FORM GSTR-3B for the months of August and September, 2017 by the due date.
(Dr. Sree Parvathy S.L.)
Under Secretary to the
Government of India
📚 Frequently Asked Questions (FAQs): Notification No. 50/2017 – Central Tax
Q1: What is Notification No. 50/2017 – Central Tax?
Answer:
Notification No. 50/2017 – Central Tax waived the late fee for delayed filing of GSTR-3B for August and September 2017.
Q2: Which section allowed the waiver of late fees?
Answer:
The waiver was granted under Section 128 of the CGST Act, 2017.
Q3: Which section normally imposes late fees for GST returns?
Answer:
Late fees are imposed under Section 47 of the CGST Act.
Q4: Which GST return is covered under this notification?
Answer:
The notification applies to FORM GSTR-3B.
Q5: For which months was the late fee waived?
Answer:
The late fee was waived for August 2017 and September 2017 returns.
Q6: What is the normal late fee for delayed GST returns?
Answer:
Normally, late fee is ₹50 per day (₹25 CGST + ₹25 SGST) and ₹20 per day for nil returns.
Q7: Does the waiver apply to all taxpayers?
Answer:
Yes. The waiver applies to all registered taxpayers who delayed filing GSTR-3B for the specified months.
Q8: Does this waiver apply to other GST returns?
Answer:
No. The waiver applies only to GSTR-3B for August and September 2017.
Q9: Can taxpayers still claim Input Tax Credit if GSTR-3B is filed late?
Answer:
Yes, but the return must be filed to report ITC.
You can file GST returns easily through Finodha:
https://finodha.in/gst-return-filing/
Q10: Is GST registration required to file GSTR-3B?
Answer:
Yes. Only registered GST taxpayers can file GSTR-3B.
Register here:
https://finodha.in/online-gst-registration/
Q11: Why was GSTR-3B introduced?
Answer:
GSTR-3B was introduced as a temporary simplified GST return during the early implementation phase.
Q12: Can GSTR-3B be revised after filing?
Answer:
No. Corrections must be made in subsequent returns.
Q13: How can businesses ensure GST compliance?
Answer:
Businesses should maintain proper records and consult GST professionals.
Finodha offers GST compliance services:
https://finodha.in/gst-compliance/
Q14: What happens if GST returns are not filed at all?
Answer:
Failure to file returns may result in penalties, interest, and GST registration suspension.
Q15: Why is Notification No. 50/2017 important?
Answer:
It helped businesses avoid penalties during the initial GST rollout period when many taxpayers faced technical difficulties.
Conclusion
Notification No. 50/2017 – Central Tax provided important relief to taxpayers by waiving the late fee for delayed filing of GSTR-3B for August and September 2017.
This measure helped businesses adjust to the new GST compliance system without facing additional financial penalties.
However, taxpayers should always file GST returns on time to avoid penalties and maintain proper compliance.
Download PDF: Notification No. 50/2017 – Central Tax
More Information: https://taxinformation.cbic.gov.in/
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