Notification No. 77/2018 – Central Tax Explained

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Notification No. 77/2018 – Central Tax: Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-4 for the period July, 2017 to September, 2018.

[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. 73/2017– Central Tax, dated the 29^th December, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide number G.S.R.1600(E), dated the 29^th December, 2017, namely:–

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

“Provided further 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 return in FORM GSTR-4 for the quarters from July, 2017 to September, 2018 by the due date but furnishes the said return 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. 73/2017-Central Tax, dated the 29^th December, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 1600 (E), dated the 29^th December, 2017.

📚 Frequently Asked Questions (FAQs): Notification No. 77/2018 – Central Tax

Q1: What is Notification No. 77/2018 – Central Tax?

Answer:
It provides full waiver of late fees for delayed GSTR-4 returns for certain periods.

Q2: Which taxpayers benefit from this notification?

Answer:
Composition scheme taxpayers who delayed GSTR-4 filings.

Q3: Which period is covered under the waiver?

Answer:
Quarters from July 2017 to September 2018.

Q4: What is the condition to get the waiver?

Answer:
GSTR-4 must be filed between:
➡ 22 December 2018 and 31 March 2019

Q5: Which section allows late fee waiver?

Answer:
Section 128 of the CGST Act.

Q6: What is the late fee under Section 47?

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

Q7: Does this waiver apply automatically?

Answer:
Yes, if returns were filed within the specified period.

Q8: Does it apply to GSTR-3B or GSTR-1?

Answer:
No. It applies only to FORM GSTR-4.

Q9: Is the composition scheme still available?

Answer:
Yes, subject to turnover limits and eligibility.

Q10: Do composition taxpayers still need to file returns?

Answer:
Yes, as per the current GST return system.

Q11: What happens if GSTR-4 is not filed?

Answer:
Possible:
Late fees
Notices
Cancellation of registration

Q12: Can a taxpayer switch from composition to regular scheme?

Answer:
Yes, subject to eligibility and proper intimation.

Q13: Do composition taxpayers need GST registration?

Answer:
Yes, registration is mandatory.
👉 https://finodha.in/online-gst-registration/

Q14: How can taxpayers avoid late fee issues?

Answer:
Track GST deadlines
Maintain proper records
File returns regularly

Q15: How can Finodha help composition taxpayers?

Answer:
Finodha offers:
✔ GST registration
✔ Composition return filing
✔ Compliance support
✔ Business setup services
👉 https://finodha.in/gst-compliance/
👉 https://finodha.in/setup-business/