671
PUNJAB GOVT. GAZ., MAY 10, 2023
(VYSK 20, 1945 SAKA)
PART III
GOVERNMENT OF PUNJAB
DEPARTMENT OF EXCISE AND TAXATION
(EXCISE AND TAXATION BRANCH-II)
NOTIFICATION
The 8th May, 2023
No. S.O. 39/P.A.5/2017/S.128/Amd./2023.-In exercise of the powers conferred by section 128 of the Punjab Goods and Services Tax Act, 2017, (Punjab Act No.5 of 2017), (hereinafter referred to in this notification as the said Act), and all other powers enabling him in this behalf, the Governor of Punjab, on the recommendations of the Council, is pleased to make the following amendment in the Government of Punjab, Department of Excise and Taxation, Notification No. S.O.61/P.A.5/2017/S.128/Amd./2019, dated the 9th May, 2019 published in the Punjab Government Gazette (Extraordinary), Part III, dated the 24th June, 2019, namely:-
AMENDMENT
In the said notification,-
(i) in the eighth proviso, with effect from the 20th day of May, 2021, for the Table, the following Table shall be substituted, namely: —
"Table
Serial Class of registered persons Tax period Period for which late fee waived Number (1) (2) (3) (4) 1. Taxpayers having an aggregate March, 2021, Fifteen days from the due date of
turnover of more than rupees April, 2021 and furnishing return
year
2. Taxpayers having an aggregate March, 2021 Sixty days from the due date of of section 39
furnishing return 672
PUNJAB GOVT. GAZ., MAY 10, 2023
(VYSK 20, 1945 SAKA)
3 Taxpayers having an aggregate January-March, Sixty days from the due date of
turnover of up to rupees 5 crores 2021 furnishing return.";
in the preceding financial year
who are liable to furnish the return
as specified under proviso to sub-
section (1) of section 39
(ii) after the eighth proviso, with effect from 01st day of June, 2021, the following provisos shall be inserted, namely: —
"Provided also that for the registered persons who failed to furnish the return in FORM GSTR-3B for the months /quarter of July, 2017 to April, 2021, by the due date but furnish the said return between the period from the 1st day of June, 2021 to the 31st day of August, 2021, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of five hundred rupees:
Provided also that where the total amount of state tax payable in the said return is nil, the total amount of late fee under section 47 of the said Act shall stand waived which is in excess of two hundred and fifty rupees for the registered persons who failed to furnish the return in FORM GSTR-3B for the months / quarter of July, 2017 to April, 2021, by the due date but furnish the said return between the period from the 1st day of June, 2021 to the 31st day of August, 2021:
Provided also that the total amount of late fee payable under section 47 of the said Act for the tax period June, 2021 onwards or quarter ending June, 2021 onwards, as the case may be, shall stand waived which is in excess of an amount as specified in column (3) of the Table given below, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who fail to furnish the returns in FORM GSTR-3B by the due date, namely: —
Table
Serial Class of registered persons Amount Number (1) (2) (3)
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PUNJAB GOVT. GAZ., MAY 10, 2023
(VYSK 20, 1945 SAKA)
3. Taxpayers having an aggregate turnover of more than Two thousand and five
rupees 1.5 crores and up to rupees 5 crores in the hundred rupees".
preceding financial year, other than those covered under
S. No. 1
2. This notification shall be deemed to have come into force on and with effect from the 1st June, 2021.
VIKAS PRATAP,
Financial Commissioner (Taxation)
to Government of Punjab,
Department of Excise and Taxation.