Recently, The GST Council had made the recommendations to extend the waiver of late fee for delay in filing Form GSTR-04 for Financial Year 2021-22 till July 28, 2022, in its 47th meeting held in Chandigarh on 28-29th June 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.
The above recommendation has been notified by CBIC vide Notification No. 12/2022- Central Tax dated July 05, 2022 to extended the waiver of late fee for delay in furnishing Form GSTR-04 for Financial Year 2021-22 till July 28, 2022.
The CBIC has amended Notification No. 73/2017-Central Tax dated December 29, 2017 (as amended) to provide waiver of late fee for delay in furnishing Form GSTR-04 (i.e., Quarterly return for registered person opting for composition levy) including waiver of late fee for the Financial Year 2021-22 for the period from May 01, 2022 till June 30, 2022.
In the said notification, in the sixth proviso, for the figures, letters and words "30th day of June, 2022", the figures, letters and words "28th day of July, 2022" shall be substituted.
The Sixth proviso now reads as under:
"Provided also that the late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2021-22 under section 47 of the said Act shall stand waived for the period from the 1st day of May, 2022 till the 28th day of July, 2022"
