Today we will tell you here what is Amnesty Scheme and how you can download pdf notification of the Amnesty Scheme GST 2024. The GST Amnesty Scheme has undergone several implementations to ease compliance burdens. A significant update occurred on June 1, 2021, allowing taxpayers to file pending GSTR-3B returns for periods from July 2017 to April 2021 with reduced penalties.
In February 2023, during its 49th meeting, the GST Council proposed relief for taxpayers who missed filing GSTR-4, GSTR-9, and GSTR-10 and provided extended timelines for revoking cancelled GST registrations. Later, Section 128A and Rule 164 were introduced, effective November 1, 2024, to clarify waivers and penalties under the CGST Act.
What is GST Amnesty Scheme 2024
The GST Amnesty Scheme was introduced to aid taxpayers in clearing pending GST returns with reduced late fees and penalties. Initially, it covered the period from July 2017 to September 2018, offering extensions for compliance. In June 2021, it reopened for pending GSTR-3B returns from July 2017 to April 2021, addressing delays due to the COVID-19 pandemic.
Subsequent updates included relief measures for non-filers of GSTR-4, GSTR-9, and GSTR-10 and provisions to revoke cancelled GST registrations. Recent amendments introduced Section 128A for waivers and penalties under specific rules.
How to Download Your PAN Card Without PAN Number
Important Details abut the GST Amnesty Scheme 2024
| Notification Number | Name of form/action | Who can avail | Amnesty benefits | Validity to avail benefit |
| 02/2023 | GSTR-4 (quarterly/annual) | Composition taxable persons who did not file GSTR-4 for quarters July 2017 to March 2019 or for the financial years from FY 2019-20 to FY 2021-22 on or before due dates | (1) Other than Nil return – Late fee fixed at max Rs. 500 (i.e. Rs.250 each for CGST and SGST Act) per return. (2) Nil return – No Late fee | File between 1st April 2023-30th June 2023 |
| 03/2023 | GST REG-21: Application for revocation of cancellation of GST registration | Any taxpayer whose GST registration is cancelled by GST officer on or before 31st December 2022 for the following reasons- – Failure to file returns for six months/two quarters continuously – Failure to conduct business for continuous period of six months from the date of registration And Such taxpayer did not apply for revocation in REG-21 within 30 days from the date of service of the cancellation order by the GST officer. Note: Irrespective of fact that appeal was filed and rejected on grounds of not meeting the time limit of revocation. | Can file REG-21 in extended time period Condition: File all pending returns with taxes, late fee and interest, as applicable up to date of cancellation of GST registration. | File on or before 30th June 2023 |
| 06/2023 | Any pending GST returns potentially attracting Section 62 of the CGST Act | Any taxpayer who defaulted filing of any GST return (GSTR-1/3B/4) within 30 days from the service of the assessment order issued on or before the 28th February 2023. | Deemed withdrawal of best judgement assessment order under Section 62 of the CGST Act, even if an appeal is filed or decided. Condition: File all such pending returns with taxes, late fee and interest, as applicable. | File on or before 30th June 2023 |
| 07/2023 | GSTR-9 (annual return) | Registered regular taxpayers mandated to file GSTR-9 from FY 2017-18 to FY 2021-22 but have not filed on or before the respective due dates. | Can file GSTR-9 at concessional late fee of maximum Rs.20,000. (i.e., 10,000 each under CGST and SGST Act). The late fee is waived off in excess of Rs.20,000 for delayed filing of GSTR-9 for years 2017-18 up to 2021-22. | File between 1st April 2023-30th June 2023 |
| 08/2023 | GSTR-10 (Final return) | Taxpayers whose GST registration is cancelled within three months of the date of cancellation or date of order of cancellation, whichever is later | Can file GSTR-10 at a concessional late fee of maximum Rs.1,000. (i.e., 500 each under CGST and SGST Act). The late fee is waived off in excess of Rs.1,000 for delayed filing of GSTR-10. | File between 1st April 2023-30th June 2023 |
Download Amnesty Scheme GST 2024 Notification Pdf
Click Here: Amnesty Scheme GST 2024 Notification Pdf
FAQs
What is the GST Amnesty Scheme?
The GST Amnesty Scheme allows taxpayers to file pending GST returns with reduced late fees and penalties, aiming to encourage compliance.
Who can benefit from this scheme?
Taxpayers with overdue returns such as GSTR-3B, GSTR-4, GSTR-9, or GSTR-10 are eligible, depending on the specific notification period.
What periods are covered under the scheme?
It covers different tax periods, including July 2017 to April 2021, based on the notifications.
What relief does it offer?
Reduced or waived late fees, extended timelines for return filings, and opportunities to revoke cancelled registrations.
What are the latest updates?
Section 128A and Rule 164 introduced waivers for interest and penalties, effective from November 1, 2024.
How can taxpayers avail of the scheme?
File pending returns within the notified timelines through the GST portal.