A Big Announcement for Taxpayers
The Indian government has waived late fees for GSTR-9C filings. This relief is aimed at businesses that faced delays in filing their reconciliation statements.
The waiver applies to financial years from 2017-18 to 2022-23. The deadline for filing without extra fees is March 31, 2025.
Key Benefits of the Waiver
- Financial Relief: Businesses won’t pay excessive late fees.
- Extended Timeline: Offers enough time to catch up on delayed filings.
- Simplified Compliance: Encourages accurate reconciliation.
However, businesses must note that late fees already paid will not be refunded.
Table: GSTR-9C Waiver in Numbers
Category | Details |
Applicable Forms | GSTR-9 and GSTR-9C |
Financial Years | 2017-18 to 2022-23 |
Filing Deadline | March 31, 2025 |
Refund Availability | Not applicable |
How to File GSTR-9C
- Log in to the GST portal.
- Select the relevant financial year.
- Fill and verify details in Form GSTR-9.
- Upload the GSTR-9C statement prepared by a CA.
- Submit before March 31, 2025.