The 2021 scheme recommends reducing late fees payable by small and medium-sized taxpayers.
Commissioner, GST Department, Kerala, has invited the attention of the trade and business class in the state to make use of the extended deadline till August 31 for concessions on the late fee for GSTR 3B returns payable during July 2017 to April 2021, deferred by the government due to impact from the Covid-19 pandemic.
No high penalty
Taxpayers can now file their pending returns without any high penalty and take advantage of the benefits of this GST scheme with reduced late fees, an official spokesman for the state GST department said here. The scheme is applicable for GSTR 3B returns payable from July 2017 to April 2021.
This means that taxpayers can avail themselves the benefits of on all GSTR 3B returns pending from July 2017 till April 2021. This amounts to a much-needed relief from the department, the state GST spokesman said.
Scheme effective June 1
The GSTR-3B shall be filed between June 1, 2021, to August 31, 2021, to benefit from a reduced rate of late fees. So, the pending GSTR-3B returns for the period from July 2017 to April 2021 shall be filed on or before August 31, 2021. The relaxation scheme has come into effect from June 1, 2021.
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