GST UPDATE

Desk of CA. Praveen Sharma

Series- 420

Amnesty Scheme in GST 2023

1- RP fails to file *GSTR-4* for the period FY 2017-18 to 2021-22 but furnish in 01-04-2023 to 30-06-2023 late fees max to Rs. 250/- CGST and Rs. 250/- SGST.

2- RP, whose *registration has been canceled on or before 31-12-2022 and failed to apply for revocation of cancellation* within the time period may apply for revocation up to 30-06-2023 after filing of all returns.

3- RP, who *failed to furnish return within 30 days of order u/s 62*. The order shall be withdrawn if furnish the return by 30-06-2023 and taxes and interest are paid.

4- RP fails to file *GSTR-9* for the period FY 2017-18 to 2021-22 but furnish in 01-04-2023 to 30-06-2023 late fees max to Rs. 10,000/- per act.

5- Late fee for filling of *Final Return GSTR 10* is capped at ?1,000/- if filled before 30/06/2023.

Regards 

*CA. Praveen Sharma*

Twitter: https://twitter.com/capraveensh