Home India Government of The National Capital Territory of Delhi In exercise of the powers conferred by section 128 of the De...
Date: 2020-12-21 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, issued by the Government of National Capital Territory of Delhi, implements amendments to a previous notification regarding the Delhi Goods and Services Tax Act, 2017. It concerns the waiver of late fees for registered persons who failed to furnish details of outward supplies in FORM GSTR-1 by the due date for specific months or quarters. The notification is effective from June 24, 2020, and specifies deadlines in July and August 2020 for submitting the GSTR-1 form to qualify for the late fee waiver. Key Points / Main Content: Amendment to Notification 4/2018-State Tax: The notification amends the Government of National Capital Territory of Delhi's notification No. 4/2018-State Tax, dated February 23, 2018. Late Fee Waiver for GSTR-1 Filings: Late fees under Section 47 of the Delhi Goods and Services Tax Act, 2017, are waived for registered persons who: Failed to furnish details of outward supplies in FORM GSTR-1 by the original due date for specific months or quarters. Furnish the said details on or before the revised dates mentioned in the table provided. Table of Revised Dates: The notification includes a table specifying the revised dates for GSTR-1 submission to qualify for the late fee waiver: March 2020: July 10, 2020 April 2020: July 24, 2020 May 2020: July 28, 2020 June 2020: August 5, 2020 January to March 2020: July 17, 2020 April to June 2020: August 3, 2020 Effective Date: This notification is effective from June 24, 2020. Impact Analysis: Registered Persons: Impact: Benefit from a waiver of late fees if they submit their GSTR-1 forms by the revised dates for the specified periods. Action Required: Review the table of revised dates and ensure GSTR-1 forms are submitted on or before the applicable deadline to avail the late fee waiver. Government of National Capital Territory of Delhi (Finance/Revenue Department): Impact: Implementation of revised guidelines for late fee waivers related to GSTR-1 filings. Action Required: Ensure the notification is properly disseminated and implemented, and that systems are updated to reflect the late fee waivers for eligible taxpayers.

Key Entities Referenced

National Capital Territory of Delhi: A union territory and metropolitan region in India, encompassing Delhi and its surrounding urban areas. This notification pertains to the Government of NCT of Delhi. Delhi Goods and Services Tax Act, 2017: A state law enacted by the Delhi government relating to Goods and Services Tax. Council: Refers to the GST Council, a body that makes recommendations on GST-related matters. FORM GSTR-1: A monthly or quarterly return that registered taxpayers are required to file, detailing their outward supplies (sales). Finance RevenueI Department: The department of the Government of National Capital Territory of Delhi responsible for financial and revenue matters. Manoj Kumar: Deputy Secretary IV, Finance, Government of National Capital Territory of Delhi, who issued the order. Delhi Gazette: The official gazette of the Government of National Capital Territory of Delhi, in which notifications, rules, and regulations are published. Mayapuri, New Delhi: Location of the Government of India Press in New Delhi.
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