Relief Measures in GST due to Spread of COVID19An Overview Divya Rathi, dated 5 July, 2020

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The Tax Publishers Relief Measures in GST due to Spread of COVID-19--An Overview Divya Rathi In order to provide relief to businesses, grappling with the economic impact of COVID-19, the government has taken various relief measures. The learned author attempts at making overview of such relief measures. 1. Waiver of late fees for filing Form GSTR 1 By virtue of Notification No. 53/2020-Central Tax, dated 24-6-2020, the amount of late fee payable under section 47 of the CGST Act shall stand waived for the registered persons who fail to furnish the details of outward supplies for the months or quarter mentioned in column (2) of the Table below in FORM GSTR-1 by the due date, but furnishes the said details on or before the dates mentioned in column (4) of the said Table :-- SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Relief Measures in GST due to Spread of COVID-19--An Overview

Divya Rathi

In order to provide relief to businesses, grappling with the economic impact of COVID-19, the government has taken various relief measures. The learned author attempts at making overview of such relief measures.

1. Waiver of late fees for filing Form GSTR 1

By virtue of Notification No. 53/2020-Central Tax, dated 24-6-2020, the amount of late fee payable under section 47 of the CGST Act shall stand waived for the registered persons who fail to furnish the details of outward supplies for the months or quarter mentioned in column (2) of the Table below in FORM GSTR-1 by the due date, but furnishes the said details on or before the dates mentioned in column (4) of the said Table :--