Home India Ministry of Finance Notification...
Date: 23-Jan-2025 Category: Extra Ordinary State: Union Government Country: India

Notification

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • This gazette notification issued by the Ministry of Finance, Department of Revenue, waives a portion of the late fees for certain taxpayers who filed their annual GST returns (GSTR-9) late, but subsequently filed their reconciliation statement (GSTR-9C) by March 31, 2025.
  • The waiver applies to excess late fees charged under Section 47 of the Central Goods and Services Tax Act, 2017, for financial years 2017-18 to 2022-23.

Key Changes

  • The notification waives late fees for registered persons who were required to file GSTR-9C along with GSTR-9, but failed to do so initially.
  • The waiver is applicable if the GSTR-9C is filed on or before March 31, 2025.
  • The waiver is limited to the excess late fee amount over and above the late fee applicable until the date of filing GSTR-9.
  • No refunds will be provided for late fees already paid for the delayed filing of GSTR-9C for these financial years.

Impact Analysis

Impact on Taxpayers

  • This provides relief to taxpayers who faced penalties for late filing of GSTR-9 and GSTR-9C.

Suggested Action Items

  • Taxpayers should review their past filings and late fee payments to understand the potential impact of this notification.

Impact on Government

  • The notification may reduce the administrative burden of handling late fee disputes.

Key Entities Referenced

Central Goods and Services Tax Act, 2017: The primary law governing the Goods and Services Tax in India. Ministry of Finance (Department of Revenue): The government body responsible for issuing the notification and overseeing tax policies. Central Board of Indirect Taxes and Customs (CBIC): The apex body responsible for the administration of indirect taxes, including GST. GSTR-9: Annual return form for GST. GSTR-9C: Reconciliation statement form for GST. Section 47 of the Central Goods and Services Tax Act, 2017: Section related to late fees for delayed filing of returns. Section 44 of the Central Goods and Services Tax Act, 2017: Section related to annual returns. Section 128 of the Central Goods and Services Tax Act, 2017: Section that empowers the government to waive late fees.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-23012025-260414 CG-DxLx-xEG-I2D3H0x1x2x0 25-260414 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 415] नई दिल्ली, बृहस्ट्प जतिार, िनिरी 23, 2025/माघ 3, 1946 No. 415] NEW DELHI, THURSDAY, JANUARY 23, 2025/MAGHA 3, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड) अजधसचू ना नई दिल्ली, 23 िनिरी, 2025 स.ं 08/2025 – केंद्रीय कर का.आ. 419(अ).—केन्द्द्रीय सरकार, केन्द्द्रीय माल और सेिा कर अजधजनयम, 2017 (2017 का 12) (जिसे इसम ें इसके पश्चात उक्त अजधजनयम कहा गया ह)ै की धारा 128 द्वारा प्रित्त िजक्तयों का प्रयोग करते हुए, पररषि की जसफाररिों पर, जित्तीय िषड 2017-18 या 2018-19 या 2019-20 या 2020-21 या 2021-22 या 2022-23 के जलए उक्त अजधजनयम की धारा 44 के अधीन प्रस्ट्तुत की िान ेिाली जििरणी की बाबत उक्त अजधजनयम की धारा 47 म ेंजनर्िडष्ट जिलंब फीस की रकम,ऐसे रजिस्ट्रीकृत व्यजक्तयों के िगड के जलए , जिनके उक्त जित्तीय िषड के जलए प्ररूप िीएसटीआर -9 म ें िार्षडक जििरणी के साथ प्ररूप िीएसटीआर -9ग म ें सुलह जििरण प्रस्ट्तुत करना अपेजक्षत था लेदकन प्ररूप िीएसटीआर -9 म ें उक्त जििरणी के साथ उस ेप्रस्ट्तुत करने म ेंअसफल रह ेऔर िो उक्त जििरण तत्पश्चात 31 माच,ड 2025 को या उससे पहले प्ररूप िीएसटीआर 597 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] -9ग प्रस्ट्तुत करें , िो दक उक्त जित्तीय िषड के जलए प्ररूप िीएसटीआर -9 प्रस्ट्तुत करन े की तारीख तक उक्त अजधजनयम की धारा 47 के अधीन संिेय जिलंब फीस के आजधक्य म ेंह,ैका अजभत्यिन करती ह।ै परंतु उक्त जित्तीय िषों के जलए प्ररूप िीएसटीआर-9ग को िेरी स ेप्रस्ट्ततु करने के संबंध म ेंपहले स ेभगु तान की गई जिलंब फीस की कोई िापसी उपलब्ध नहीं होगी। [फा. सं. सीबीआईसी-20001/15/2024-िीएसटी] रौिन कुमार, अिर सजचि MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 23rd January, 2025 No. 08/2025 – CENTRAL TAX S.O. 419(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee referred to in section 47 of the said Act in respect of the return to be furnished under section 44 of the said Act, for the financial years 2017-18 or 2018-19 or 2019-20 or 2020-21 or 2021- 22 or 2022-23, which is in excess of the late fee payable under section 47 of the said Act upto the date of furnishing of FORM GSTR-9 for the said financial year, for the class of registered persons, who were required to furnish reconciliation statement in FORM GSTR-9C along with the annual return in FORM GSTR-9 for the said financial year but failed to furnish the same along with the said return in FORM GSTR-9, and furnish the said statement in FORM GSTR-9C, subsequently on or before the 31st March, 2025: Provided that no refund of late fee already paid in respect of delayed furnishing of FORM GSTR-9C for the said financial years shall be available. [F. No. CBIC-20001/15/2024-GST] RAUSHAN KUMAR, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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