Government Notification:
Through G.S.R. (E), the Central Government, empowered by section 128 of the CGST Act, amends a prior notification to grant relief.
Amendment Details:
The latest amendment introduces a new proviso post the fifth proviso in the notification No. 73/2017-Central Tax, dated 29th December, 2017.
Scope of Waiver:
Late fees, as stipulated by section 47 of the CGST Act, for the delayed filing of FORM GSTR-4 during the Financial Year 2021-22, are fully waived.
Effective Period:
The waiver is applicable for the period starting from May 1, 2022, until June 30, 2022.
Under Secretary's Authority:
The amendment carries the official seal with the endorsement of Under Secretary Rajeev Ranjan, ensuring authenticity.
Compliance Relief:
Businesses and taxpayers filing GSTR-4 for FY 2021-22 have a grace period without incurring late fees during the specified period.
Regulatory History:
The amendment builds upon the existing notification history, acknowledging and addressing the challenges faced by taxpayers.
Note: The waiver signifies a temporary relaxation in compliance measures, offering financial respite to taxpayers during the mentioned period.