Notification No. 75/2018 – Central Tax Explained

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Notification No. 75/2018 – Central Tax: Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-1 for the period July, 2017 to September, 2018 in specified cases.

[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 Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 4/2018– Central Tax, dated the 23^rd January, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide number G.S.R.53(E), dated the 23^rd January, 2018, namely:–

In the said notification, after the proviso, the following proviso shall be inserted, namely:–

“Provided further that the amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who failed to furnish the details of outward supplies in FORM GSTR-1 for the months/quarters from July, 2017 to September, 2018 by the due date but furnishes the said details in FORM GSTR-1 between the period from 22^nd December, 2018 to 31^st March, 2019.”.

(Dr. Sree Parvathy S.L.)
Under Secretary to the
Government of India

Note:-The principal notification No. 4/2018-Central Tax, dated 23^rd January, 2018 was published in the Gazette of India, Extraordinary, vide number G.S.R. 53 (E), dated the 23^rd January, 2018.

📚 Frequently Asked Questions (FAQs): Notification No. 75/2018 – Central Tax

Q1: What is Notification No. 75/2018 – Central Tax?

Answer:
It provides full waiver of late fees for delayed GSTR-1 returns for certain early GST periods.

Q2: Which period is covered under the waiver?

Answer:
From July 2017 to September 2018.

Q3: What is the condition for the late fee waiver?

Answer:
GSTR-1 must be filed between:
➡ 22 December 2018 and 31 March 2019

Q4: Which section allows late fee waiver?

Answer:
Section 128 of the CGST Act.

Q5: What is the normal late fee under Section 47?

Answer:
Generally:
₹50 per day
₹20 per day for nil returns

Q6: Does the waiver apply automatically?

Answer:
Yes, if the return was filed within the specified period.

Q7: Does this notification apply to GSTR-3B?

Answer:
No. It applies only to FORM GSTR-1.

Q8: Is GSTR-1 mandatory for all registered taxpayers?

Answer:
Yes, except for composition taxpayers and specific categories.

Q9: What happens if GSTR-1 is not filed?

Answer:
Possible:
Late fees
Notices
Blocking of GSTR-1/IFF
Cancellation of registration

Q10: Can businesses claim ITC without GSTR-1 filing?

Answer:
Delayed GSTR-1 can affect buyer’s ITC claims.

Q11: Does this waiver apply to current returns?

Answer:
No. It was only for the specified period.

Q12: Can late fees already paid be refunded?

Answer:
Refund depends on specific GST provisions and system rules.

Q13: Do businesses still need GST registration?

Answer:
Yes, if turnover exceeds limits or mandatory criteria apply.
👉 https://finodha.in/online-gst-registration/

Q14: How can taxpayers avoid late fee issues?

Answer:
Track GST deadlines
Maintain proper records
File returns on time

Q15: How can Finodha help with GSTR-1 compliance?

Answer:
Finodha offers:
✔ GST registration
✔ GSTR-1 filing
✔ Notice handling
✔ Full GST compliance support
👉 https://finodha.in/gst-compliance/
👉 https://finodha.in/setup-business/