Home India Government of The National Capital Territory of Delhi In exercise of the powers conferred by section 128 of the De...
Date: 2020-08-26 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 128 of the Delhi Goods and Services Tax Act

Issued by Government of The National Capital Territory of Delhi · Finance Department

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Executive Summary & Key Takeaways

Executive Summary: This notification concerns amendments to the Delhi Goods and Services Tax Act, 2017. It provides a waiver of late fees for registered persons who failed to furnish details of outward supplies in FORM GSTR-1 for the months/quarters from July 2017 to November 2019 by the due date, but furnished the details between December 19, 2019, and January 10, 2020. This notification is effective from December 19, 2019. Key Points / Main Content: Amendment to Notification 4/2018-State Tax: * A proviso is inserted into Notification No. 4/2018-State Tax, dated February 23, 2018. Late Fee Waiver: * Late fees payable under Section 47 of the Delhi Goods and Services Tax Act, 2017 are waived. * The waiver applies to registered persons who failed to furnish FORM GSTR-1 details for July 2017 to November 2019 by the due date. * The waiver is conditional on furnishing the GSTR-1 details between December 19, 2019, and January 10, 2020. Effective Date: * The notification is effective from December 19, 2019. Impact Analysis: Registered Persons: Impact: Registered persons who filed their GSTR-1 details between December 19, 2019, and January 10, 2020, for the period of July 2017 to November 2019, will not be charged late fees. Action Required: No action is required if GSTR-1 was filed within the specified period. Tax Authorities: Impact: The tax authorities are required to implement the late fee waiver for eligible registered persons. Action Required: Ensure compliance with the notification and update systems to reflect the late fee waiver.

Key Entities Referenced

Delhi Goods and Services Tax Act, 2017: A tax law enacted in Delhi, India, in 2017. National Capital Territory of Delhi: A Union Territory and city in India. The policy is issued by the government of this territory. Lt. Governor of the National Capital Territory of Delhi: The executive head of the National Capital Territory of Delhi. GST Council: A constitutional body responsible for making recommendations on issues related to Goods and Services Tax in India. FORM GSTR-1: A monthly/quarterly return that needs to be filed by all registered persons under GST, containing details of outward supplies. Section 47 of the Delhi Goods and Services Tax Act, 2017: Section pertaining to late fees under the Delhi Goods and Services Tax Act, 2017. New Delhi, Delhi: Location of the Dte. of Printing at Government of India Press and Controller of Publications. Sunil Sehgal: Deputy Secretary IV, Finance Department, National Capital Territory of Delhi.
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