21 Feb 2019
A. No hiccups of late fees-
The Government has given leverage to tax payer who has not fied Form GSTR-1, GSTR-3B and/or GSTR-4 from July'17 to September'18 then such compliance could be done without any late fees u/s 47 subject to the condition that filing of return would be done between 22-12-18 to 31-03-19 only.
B. No returns lead to no e-way bill-
New legal provision in the name of “Rule-138E Restriction on furnishing of information in PART A of FORM GST EWB-01”under CGST Rules'17 has been framed to demotivate taxpayers to make delay in making compliance of filing returns else counter party would not be able to move goods from/to defaulter if compliances for two consecutive tax periods have been delayed. Onus has been kept on the shoulder of counter party to not to mention the name of such defaulter while filing Part-A of Form EWB-01.
C. Cancellation of Registration and Recovery proceedings -
Government in order to cater with the non filing of GST returns (in case of regular filers till 6 months and in case of composite dealers for 3 tax periods) have made provision for cancellation of registration and recovery of pending dues.
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