The Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of late fee for GSTR 9C from 2017-18 to 2022-23.

In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017, the Central Government, on the recommendations of the Council, waived the amount of late fee referred to in section 47 of the GST Act in respect of the return to be furnished under section 44, 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 upto the date of furnishing of FORM GSTR-9 for the financial year.

The Wiaver is applicable 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 financial year but failed to furnish the same along with the said return in FORM GSTR-9, and furnish the statement in FORM GSTR-9C, subsequently on or before the 31st March, 2025.

No refund of late fee already paid in respect of delayed furnishing of FORM GSTR-9C for the financial years shall be available.

GSTR-9C is a reconciliation statement for reconciling values between the annual GSTR-9 of a financial year and the audited financial statements of the taxpayer. Every registered taxpayer whose turnover exceeds Rs. 5 crore during a financial year is required to file this reconciliation statement.

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Notification Details

Notification No. 08/2025 – CENTRAL TAX

Date: 23/01/2025