GST Amnesty Scheme for Non Filers of GST Returns -2023

A Great opportunity to complete the Return Pendency

Government announces such amnesty schemes time to time for providing benefits to the taxpayers. Especially to those taxpayers, who have not filed returns in time or they have committed any defaults under GST Laws. It was first come into force in 2018. In which Government waived off the late fees on the returns period from July, 2017 to September, 2018. Secondly, it was notified on 01/06/2021 to provide benefit in COVID Period. This amnesty scheme covered the return period from July, 2017 to April, 2021.

Recently GST council at its 49th meeting on 18/02/2023, recommended new amnesty scheme for taxpayers who have not filed GSTR-4, GSTR-10 & GSTR-9 of the past financial years. Also, GST Council suggested providing relief to those taxpayers who have not filed revocation against cancellation of registration in time. GST Department has launched this scheme by issuing various notifications on 31/03/2023. The new GST Amnesty Scheme 2023 will commenced from 01/04/2023. The new GST Amnesty Scheme 2023 is as follows:

This amnesty scheme is active upto 30/06/2023 and defaulted registered person can avail benefits and remove their defaults by paying nominal fees. This amnesty scheme is a good decision to regularize the defaulted registered persons and it is well appreciated by the group of tax payers and professionals. Although there is no benefit or refund to those registered persons who have already regularized themselves by paying huge late fees before announcement of this scheme.

Amnesty to GSTR-10 Non-Filers

GST Department has issued notification no. 08/2023 dt. 31/03/2023 and provide relief to the tax payers who have not filed the GSTR-10 (The Final Return after surrender of GST Registration) within time limit. As per the notification, the tax payers can file the GSTR-10 from 01/04/2023 to 30/06/2023 by paying a maximum of Rs. 1000/- (Rs. 500/- each for CGST & SGST) as late fees. The department will waive off the amount of late fees which is in excess of Rs. 1000/-.

Amnesty to GSTR-9 Non-Filers

GST Department has issued notification no. 07/2023 dt. 31/03/2023 and provided relief to the tax payers who have not filed the GSTR-9 (The Annual Return) from the FY 2017-18 to 2021-22. As per the notification, the tax payers can file the GSTR-9 from 01/04/2023 to 30/06/2023 by paying a maximum of Rs. 20,000/- (Rs. 10,000/- each for CGST & SGST) as late fees. The department will waive off the amount of late fees which is in excess of Rs. 20,000/-.

Amnesty to GSTR-4 Non-Filers

GST Department has issued notification no. 02/2023 dt. 31/03/2023 and provided relief to the tax payers who have not filed the GSTR-4 (The Annual Return for Composition Tax Payers) for the quarters from July, 2017 to March, 2019 and for the FY from 2019-20 to 2021-22. As per the notification, the tax payers can file the GSTR-4 from 01/04/2023 to 30/06/2023 by paying a maximum of Rs. 500/- (Rs. 250/- each for CGST & SGST) as late fees. The department will waive off the amount of late fees which is in excess of Rs. 500/-.

Amnesty to REG-21 Application for Revocation of Cancellation of GST Registration

GST Department has issued notification no. 03/2023 dt. 31/03/2023 and provided relief to the tax payers who have failed in filing Form REG-21 against the cancellation of GST Registration within time. As per the notification, The Registered Person, whose registration has been cancelled on or before 31/12/2022 and he has failed to apply for revocation within time shall follow the special procedure in respect of revocation of cancellation of such registration: May apply for revocation of cancellation of registration up to 30/06/2023 The application of revocation shall be filed only after furnishing the returns along with payment of tax due up to the effective date of cancellation of registration. No further time extension shall be available for such cases.

For any Clarification and Support you may contact to our office at 011-47603624