GST Late fees,Interest,penalty Calculator | Waive off Notification

The GST late fees calculator will help you to calculate your late fees under GST. Find below the complete list of GST Late fees, fines, and penalties payable under the GST system.   Learn how to calculate GST late fees, if you fail to file GST Returns before the due date.   The below list includes late fees calculation from July 2017 to June 2020.

Quick Links

• Introduction
• GST Late Fees Table >> How to Pay Late Fee >> Late Fees Calculator
• Interest for Late Payment >> How to Calculate? >> Download Calculator
• Interest on Reversal of Input >> Penalty under GST
• Late Fee Waiver Updates >> Previous updates >> FAQ

GST Late Fees Table for Filing GST Returns

GSTR 4 Late fees Table with Waiver

Type	Period	Fine Amount	Notification Reference	Condition	updated on
Type	Period	Fine Amount	Notification Reference	Condition	updated on
GSTR 4	ALL Months	Rs . 20/ – per day	Notification No. 73/2017– Central Tax dt.29.12.2017	For Returns with NIL Tax Liability	06.02.2018
GSTR 4	ALL Months	Rs . 50/ – per day	Notification No. 73/2017– Central Tax dt.29.12.2017	For Returns with Tax Liability	06.02.2018
GSTR 4	July 2017 to March 2020	Rs. 500/- With Liability. No late fees for returns with Nil liability.	Notification No67/2020 –Central Tax dt.21.09.2020	If filed between 22.09.2020 to 31.10.2020	21.09.2020
GSTR 4	FY 2021-22	Waived off	07/2022- Central Tax, dated 26.05.2022	if filed between 1st May 2022 till 30th June 2022	31.05.2022
GSTR 4	July, 2017 to March 2019 or FY from 2019-20 to 2021-22	Rs. 500/- With Liability. No late fees for returns with Nil liability.	NO. 02/2023 – CENTRAL TAX Dt.31.03.2023	July 2017 to March 2019 or FY from 2019-20 to 2021-22	if filed between 1st April 2023 till 30th June 2023

GSTR 5 & 6 Late Fees

Type	Period	Fine Amount	Notification Reference	Condition	updated on
GSTR 6	ALL Months	Rs . 50/ – per day	Notification No. 7 /2018 – Central Tax dt.23.01.2018	(CGST + SGST)	06.02.2018
GSTR 5A	ALL Months	Rs . 20/ – per day	Notification No. 6 /2018 – Central Tax dt.23.01.2018	For Returns with NIL Tax liability	06.02.2018
GSTR 5A	ALL Months	Rs . 50/ – per day	Notification No. 6 /2018 – Central Tax dt.23.01.2018	For Returns with Tax liability	06.02.2018
GSTR 5	ALL Months	Rs . 50/ – per day	Notification No. 5 /2018 – Central Tax dt.23.01.2018	For Returns with Tax liability	06.02.2018
GSTR 5	ALL Months	Rs . 20/ – per day	Notification No. 5 /2018 – Central Tax dt.23.01.2018	For Returns without Tax liability	06.02.2018

Late Fees for GSTR 1 Return

Type	Period	Fine Amount	Notification Reference	Condition	updated on
GSTR 1	All months	Rs. 50/- per day	Notification No. 4 /2018 – Central Tax dtd.23.01.2018	(CGST + SGST) For Returns with Tax liability	06.02.2018
GSTR 1	All months	Rs. 20/- per day	Notification No. 4 /2018 – Central Tax dtd.23.01.2018	(CGST + SGST) For Returns with NIL Tax liability	06.02.2018
GSTR 1	July 17 –  November 2019	Waived off with condition	Notification No. 04/2020–Central Tax dt.10.01.2020	Applicable only if filed between 19th December,  2019 to 17th January, 2020	11.01.2020
GSTR 1	January 2020 – March 2020	Waived off, if filed till 17.07.2020	53/2020-Central Tax ,dt. 23-06-2020	Turnover Up to 1.5 Crore	–
GSTR 1	April 2020 – June 2020	Waived off, if filed till 03.08.2020	53/2020-Central Tax ,dt. 23-06-2020	Turnover Up to 1.5 Crore	–
GSTR 1	Mar-20	Waived off, if filed till 10.07.2020	53/2020-Central Tax ,dt. 24-06-2020	Turnover more than 1.5 Crore	–
GSTR 1	Apr-20	Waived off, if filed till 24.07.2020	53/2020-Central Tax ,dt. 24-06-2020	Turnover more than 1.5 Crore	–
GSTR 1	May-20	Waived off, if filed till 28.07.2020	53/2020-Central Tax ,dt. 24-06-2020	Turnover more than 1.5 Crore	–
GSTR 1	Jun-20	Waived off, if filed till 05.08.2020	53/2020-Central Tax ,dt. 24-06-2020	Turnover more than 1.5 Crore	–

GSTR 3B Late Fees with Notification

Type	Period	Fine Amount	Notification Reference	Condition	Updated on
GSTR 3B	July 2017 to January 2020	Complete Waived off for without Liability. Rs. 500/- per return if with liability.	52/2020 dt.24.06.2020	If filed between 01.07.2020 to 30.09.2020 [ With/Without Tax Liability and No Turnover limit].	30.06.2020
GSTR 3B	February 2020 to April 2020	Completely Waived off, if filed till 24.06.2020. If filed after 24.06.2020 and before 30.09.2020, Rs.500/- per return is applicable with tax liability and Nil late fees without liability.	52/2020 dt.24.06.2020; 57/2020 –Central Tax dt.30.06.2020	Turnover more then 5 crore	30.06.2020
GSTR 3B	May, 2020 to July, 2020	Completely Waived off, if filed till due date. If filed after due date and before 30.09.2020, Rs.500/- per return is applicable with tax liability and Nil late fees without liability.	57/2020 –Central Tax dt.30.06.2020	Turnover more then 5 crore	–
GSTR 3B	Feb-20	Waived off, if filed till 30.06.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore (Group I States)	30.06.2020
GSTR 3B	Mar-20	Waived off, if filed till 03.07.2020 . If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group I States)	30.06.2020
GSTR 3B	Apr-20	Waived off, if filed till 06.07.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group I States)	30.06.2020
GSTR 3B	May-20	Waived off, if filed till 12.09.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group I States)	30.06.2020
GSTR 3B	Jun-20	Waived off, if filed till 23.09.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group I States)	30.06.2020
GSTR 3B	Jul-20	Waived off, if filed till 27.09.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group I States)	30.06.2020
GSTR 3B	Feb-20	Waived off, if filed till 30.06.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group II States)	30.06.2020
GSTR 3B	Mar-20	Waived off, if filed till 05.07.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group II States)	30.06.2020
GSTR 3B	Apr-20	Waived off, if filed till 09.07.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group II States)	30.06.2020
GSTR 3B	May-20	Waived off, if filed till 15.09.2020	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group II States)	30.06.2020
GSTR 3B	Jun-20	Waived off, if filed till 25.09.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees for without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover upto 5 crore(Group II States)	30.06.2020
GSTR 3B	Jul-20	Waived off, if filed till 29.09.2020. If filed by 30.09.2020 RS. 500/- per return with Liability and No late fees without Liability.	52/2020 dt.24.06.2020; 57/2020 dt.30.06.2020	Turnover up to 5 crores (Group II States)	30.06.2020
GSTR 3B	March 2021 and April 2021	Late fees are waived if filed within 15 days from the 20th of next month.	Notification No. 09/2021 –Central Tax dt. 01.05.2021	Turnover more than 5 crore	07.05.2021
GSTR 3B	January-March, 2021. March 2021 and April 2021	Late fees are waived if filed within 30 days from the 20th of next month.	Notification No. 09/2021 –Central Tax dt. 01.05.2021	Turnover up to 5 crore	07.05.2021

Other Returns Late Fees

Type	Period	Fine Amount	Notification Reference	Conidtion	updated on
Delay in GST Payment	All months	Interest @18% per day	As per CGST Section 50	To be calculated On Tax amount from the day of delay till the date of payment	29.12.2017
Wrong/Excess ITC Availed	All months	Interest @24% per day	As per CGST Section 50	To be calculated on Reversal Amount till the date of reversal.	29.12.2017
GSTR 9	All Years	Rs. 200/- per day (CGST+SGST)	As per CGST Section 47	–	28.12.2019
GSTR 9A	All Years	Rs. 200/- per day (CGST+SGST)	As per CGST Section 47	–	28.12.2019
GSTR C	All years	Up to Rs. 25000/-	As per CGST section 125)	–	–
GSTR 10	After Due Date	Rs. 500/-	Notification No.67/2020 –Central Tax dt.21.09.2020	Applicable only, If filed between 22.09.2020 to 31.12.2020	–

There are three concepts in GST for late payment.

• GST Late fees payment for not filing GST returns on time
• Interest for late payment of GST
• A Penalty by the department.

Let us see them one by one

1.GST Late Fees for GST Returns

a)How to Pay Late Fee in GST

GST late fees mean, an additional amount to be paid by the taxpayer to the government in addition to his tax liability.   If you do not file your GST Returns on time you need to pay late fees.  you may find the list below for late fees for various types of Returns under GST.   The late fees for filing GST returns gets automatically calculated in GSTR 3B.  This includes a late fee for gstr 1,  GSTR 3B and other returns.   You may find below gst late fees notification for its payment regarding.

Therefore if you do not file or miss to file any return before its due date, then the system will automatically calculate late fees for such a period.   Also, you cannot modify these late fees.  You must pay these fees and proceed for filing GSTR 3B.

b)GST Late Fees Calculator

You may see below our gst late fees calculator formula to calculate your GST late fees for the given period.    You can use this goods and service tax late fees calculator to calculate gst late fees for nil return or with transactions.  According to CGST section   47 every registered person who needs to file GST Returns must pay late return filing fees.  These late fees are shown in the below table.    Also, depending upon the type of return late fees vary.   Therefore the basic formula to calculate late fee are as follows:

Let us take the example of GSTR 3 B Late filing fees

According to the above table, late fees for GSTR 3B for period July 2017 – September is waived off.  Therefore you need to pay late fees from October 2017 onwards.   Current late fees are Rs. 20/- per day(CGST=10/-+SGST=10/-) for nil returns and Rs. 50/- per day(CGST=25/- + SGST=25/-) for with records.  However, the late fees can not be more than Rs. 10,000/-  for a particular period of return.  This is with a combination of CGST= 5000/- and SGST= 5000/-)

We assume that you have not filed Regular GSTR 3B Return for the month of October 2017 and now you are going to file it on 20th November 2018.

(Here you need to take the starting date as 21st November because the late date to file GSTR 3B for October 2017 was 20th November 2017.  Therefore, late fees will be applicable from 21st November 2017)

Therefore the total number of days from 21st November to 19 November 2018 =363 days

( 363 days x Rs. 50/- per day) = 18150/-.

As your late fees calculated is more than Rs. 10,000/- you need to pay Rs. 10,000/- as late fees for filing GSTR 3B for the month of October 2017.

Similarly, you can apply the same formula for filing Nil return with Rs. 20/-  per day instead of Rs. 50/- per day.

c)GST Late Fees Waiver Notification

The gst late fees waive off scheme is implemented by the government on various occasions.  you may find below these gst late fees waiver scheme for particular return if any.  Also,  you may see the gst late fees waiver notification against the type of GST return.

2.Interest for Late Payment of Tax

GST late payment with interest means an additional amount to be paid by the taxpayers if he fails to make the GST payment while filing GSTR 3B.  For eg., your tax liability for the month of September 2018 is 1 lakh rupees.  you file a return on or before 20th October 2018.  Later, in the month of November, you come to know that the actual liability in the month of September was Rs. 1.20 lakh.  This may be because you forgot to include one tax invoice with a liability of Rs. 20 thousand.

Therefore you need to pay interest on the late payment of tax of Rs. 20,000/- from 21.10.2018 to 19.11.2018 = 28 days.

If you are still using the traditional method of invoicing then it’s time to switch to Online Invoice generation. The Zintego.com invoice generator has a powerful tool designed to simplify the invoicing process and eliminate the associated headaches. Thus, with its user-friendly interface and affordable pricing, it is the ultimate solution for anyone looking to streamline their invoicing tasks.

a)How to Calculate Interest for Late Payment of GST?

The current interest rate for gst late payment of tax is 18% per day.  Therefore the formula is = (Rs. 20,000/- X 18) / 100 =  3600 per annum.   Now calculate for 29 days = (3600 /365) x 29 = 286 /-.  Therefore you need to pay Rs. 286/- as interest and Rs. 20,000/-  as principal tax amount for making late GST payments.

Therefore you need to calculate interest on late payments as above and pay the government for making delays in payments.

b) GST Late Payment Interest Calculator

You may use our GST late payment interest calculator for free.  This is an excel base interest calculator.    you need to enter a number of days for interest calculation.   Enter the principal tax amount you need to pay.   Thereafter this utility will automatically calculate the total amount of interest you will have to pay.

You may download the Excel tool to calculate interest on the late payment of GST from the below link.

c) How to Calculate Interest for Reversal of Wrong Input Availed?

If you have availed wrong input tax credit under GST then you need to reverse it by paying Interest on it.  Also, this is applicable even you availed excess ITC under Goods and Service Tax.

The current interest rate for reversing input tax credit is 24% per day.   Therefore you need to pay interest for everyday delay from the date of its availing to the date of reversal.  Let us see the calculation part.

Suppose you availed 1 lakh wrong ITC on 15.04.2018, which now you want to reverse.   Let us assume that you are going to pay it on 20.11.2018.  Now calculate the number of days from 15.04.2018 to 19.11.2018= 218 days.

First calculate interest for per Annum ( 1,00,000 x 24 )/ 100 = 24000 (365 days).

For 218 days it is = ( 24000/365) x 218 = 14334/- .

Therefore you need to pay Total (Rs.100,000/- + Rs.14334/-) = 114334/- 

ITC Reversal Interest Calculator  – Excel utility

Interest on Gross Vs Net Tax Liability

The gross tax liability is without deducting the available input tax credit. Whereas the net tax availability is the balance tax liability after reducing the available input tax credit in the credit ledger.

In the case of Megha Engineering And Infrastructures Ltd, the high court held that as per the existing Section 50 of the CGST Act the interest is applicable to the Gross Tax liability. This is because the Input tax credit is in the air until the customer files the return and claim such credit.

Further, In the 39th GST Council meeting, it is decided to charge interest on net tax liability w.e.f 01.07.2017. In this regard, the 1st provision is inserted in subsection 1 of section 50 of CGST ACT 2017. However, this provision is brought into force w.e.f from 01.09.2020 only, vide Notification No. 63/2020–Central Tax dt.25.08.2020. Also, a press release is issued dt. 26.08.2020 stating the recoveries of past period will not be made. Thus, the taxpayers are worried that they will still get the notices for past period as the press release does not give the instructions to the officers to do so.

3)Penalty under GST

GST law reserves the right to impose a penalty in certain cases.  However, these cases include confiscation of goods or conveyance while the movement of goods.  Also, Confiscation of goods in warehouse go-down, other premises or e way bill issues.

Similarly, the department may issue a notice to you for not furnishing GST returns.  If you still do not file your return within time in the notice, then it may charge a penalty for the late filing of gst return 3b and other returns.

Late Fee Waiver Updates

07.05.2021: For the taxpayers whose turnover is more than 5 crore, 9% interest is payable for the first 15 days from its due date of filing i.e GSTR 3B. This is applicable for the month of March 2021 and April 2021.

Further, for the taxpayers whose turnover is up to 5 crore, 9% interest is payable for the first 15 days from the last date of filing GSTR 3B. This is also applicable for March 2021 and April 2021. This waiver has the notificaton refernece no. 08/2021 –Central Tax dt. 01.05.2021.

03.06.2020: The Ministry of Finance has provided clarification on the recent requests received on waiver of late fees from August 2017 to January 2020. This is specifically pertaining to the GSTR 3B Return filing for the above period. It said that the issue will be discussed in the next GST council meeting. Here is the official tweet from CBIC in this regard.

Press Note – Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting. pic.twitter.com/biUZLyDkIv

— CBIC (@cbic_india) June 1, 2020

The press release further clarified that to help the small businesses having a turnover of less than Rs 5 crore during COVID-19, Finance Minister Smt. Nirmala Sitharaman had already announced an extension of GST returns of February, March, April, and May 2020 till June 2020.

Further, it states that the late fee is imposed to ensure that the taxpayers file the return on time and pay taxes on the amount collected from buyers and pay to the Government. Thus, it is a step to ensure that a certain discipline is maintained regarding compliance. Similarly, the honest and compliant taxpayers would be discriminated against negatively in the absence of such provision in the law.

Therefore the decisions are taken by the Centre and the State with the approval of the GST Council. Hence, the trade is informed that the issue of late fees will be taken up for further discussion in the next GST Council meeting.

Previous Updates

Waived the late fee on filing of GSTR – 3B for August and September, 2017

25.10.2017: According to the press release dt. 24.10.2017 & Central Board of Excise and Customs Notification No.50/2017 – Central Tax dt. 24.10.2017, it is clear that the government has further Waived the late fee on filing of GSTR – 3B for August and September 2017.

The said decision is taken on the recommendations of the GST council in view of the difficulties being faced during the return filing process and in order to further facilitate taxpayers in the return filing process. Electronic cash ledger of the taxpayers who have already paid the late fee on filing of GSTR – 3B either for the month of August or September, 2017 or those who pay such fee before the necessary changes are carried out in the IT system will be credited with the amount of late fee so paid by them shortly.

GST Return Filing Late fees and Tax Rates Revised by GST Council in its 25th Meeting

20.01.2018: The GST Council in its 25^th meeting held on 18th January 2018 in Delhi has recommended the following changes to facilitate the Taxpayer further in GST Return filing fees.    The press release published by CBEC reads as:

1] The late fee payable by any registered person for failure to furnish FORM GSTR 1 (supply details), FORM GSTR-5 (Non-resident taxable person) or FORM GSTR 5A (OIDAR) is being reduced to fifty rupees per day and shall be twenty rupees per day for NIL filers. The late fee payable for failure to furnish FORM GSTR 6 (Input Service Distributor) shall be fifty rupees per day.

2] Taxable persons who have obtained voluntary registration will now be permitted to apply for cancellation of registration even before the expiry of one year from the effective date of registration.

3] For migrated taxpayers, the last date for filing FORM GST REG-29 for cancellation of registration is being extended by further three months till 31^st March 2018.

4] The facility for generation, modification and cancellation of e-way bills is being provided on trial basis on the portal ewaybill.nic.in. Once fully operational, the e-way bill system will start functioning on the portal ewaybillgst.gov.in.

5] Certain modifications are being made to the e-way bill rules which are to be notified nationwide for inter-State movement with effect from 01.02.2018 and for intra-State movement with effect from a date to be announced separately by each State but not later than 01.06.2018.

6] The report and recommendations submitted by the Committee on Handicrafts were also accepted by the GST Council.

Decisions relating to Services

Exemptions / Changes in GST Rates / ITC Eligibility Criteria

1. To extend GST exemption on Viability Gap Funding (VGF) for a period of 3 years from the date of commencement of RCS airport from the present period of one year.
2. To exempt supply of services by way of providing information under the RTI Act, 2005 from GST.
3. To exempt legal services provided to the Government, Local Authority, Governmental Authority, and Government Entity.
4. To reduce GST rate on the construction of metro and monorail projects (construction, erection, commissioning or installation of original works) from 18% to 12%.
5. To levy GST on the small housekeeping service providers, notified under section 9 (5) of GST Act, who provide housekeeping service through ECO, @ 5% without ITC.
6. To reduce the GST rate on tailoring service from 18% to 5%.
7. To reduce the GST rate on services by way of admission to theme parks, water parks, joy rides, merry-go-rounds, go-carting, and ballet, from 28% to 18%.
8. To grant the following exemptions:
9. To exempt service by way of transportation of goods from India to a place outside India by air;
10. To exempt service by way of transportation of goods from India to a place outside India by sea and provide that value of such service may be excluded from the value of exempted services for the purpose of reversal of ITC.
11. The above exemptions may be granted with a sunset clause up to 30th September 2018.
12. To exempt services provided by the Naval Insurance Group Fund by way of Life Insurance to personnel of Coast Guard under the Group Insurance Scheme of the Central Government retrospectively w.e.f. 1.7.2017.
13. To exempt IGST payable under section 5(1) of the IGST Act, 2017 on the supply of services covered by item 5(c) of Schedule II of the CGST Act, 2017 to the extent of the aggregate of the duties and taxes leviable under section 3(7) of the Customs Tariff Act, 1975 read with sections 5 & 7 of IGST Act, 2017 on part of consideration declared under section 14(1) of the Customs Act, 1962 towards
14. royalty and license fee includible in transaction value as specified under Rule 10
15. of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007.
16. To allow ITC of input services in the same line of business at the GST rate of 5% in case of tour operator service.
17. To reduce GST rate (from 18% to 12%) on the Works Contract Services (WCS) provided by sub-contractor to the main contractor providing WCS to Central Government, State Government, Union territory, a local authority, a Governmental Authority or a Government Entity, which attract GST of 12%. Likewise, WCS attracting 5% GST, their sub-contractor would also be liable @ 5%.
18. To enhance the exemption limit of Rs 5000/- per month per member to Rs 7500/- in respect of services provided by Resident Welfare Association (unincorporated or nonprofit entity) to its members against their individual contribution
19. To reduce the GST rate on transportation of petroleum crude and petroleum products (MS, HSD, ATF) through the pipeline from 18% to 5% without ITC and 12% with ITC.
20. To exempt dollar denominated services provided by financial intermediaries located in IFSC SEZ, which have been deemed to be outside India under the various regulations by RBI, IRDAI, SEBI or any financial regulatory authority, to a person outside India.
21. To exempt (a) services by government or local authority to governmental authority or government entity, by way of lease of land, and (b) supply of land or undivided share of land by way of lease or sublease where such supply is a
22. part of specified composite supply of construction of flats etc. and to carry out suitable amendment in the provision relating to valuation of construction service involving the transfer of land or undivided share of land, so as to ensure that buyers pay the same effective rate of GST on the property built on leasehold and freehold land.
23. To amend entry 3 of notification No. 12/2017-CT(R) so as to exempt pure services provided to Govt. entity.
24. To expand pure services exemption under S. No. 3 of 12/2017-C.T. (Rate) so as to include composite supply involving predominantly supply of services i.e. up to 25% of the supply of goods.
25. To reduce job work services rate for the manufacture of leather goods (Chapter 42) and footwear (Chapter 64) to 5%.
26. To exempt services relating to admission to, or conduct of examination provided to all educational institutions, as defined in the notification.
27. To exempt services by educational institution by way of conduct of entrance examination against consideration in the form of entrance fee.
28. To enhance the limit to Rs 2 lakh against Sl. No. 36 of exemption notification No. 12/2017-C.T. (Rate) which exempts services of life insurance business
29. provided under life micro insurance product approved by IRDAI up to the maximum amount of cover of Rs. 50,000.
30. To exempt reinsurance services in respect of insurance schemes exempted under
31. Nos. 35 and 36 of notification No. 12/2017-CT (Rate).
32. [It is expected that the premium amount charged from the government/insured in respect of future insurance services is reduced.]
33. To increase threshold limit for exemption under entry No. 80 of Notification No. 12/2017-C.T. (Rate) for all the theatrical performances like Music, Dance, Drama, Orchestra, Folk or Classical Arts and all other such activities in any Indian language in theatre GST from Rs.250 to 500 per person and to also extend the threshold exemption to services by way of admission to a planetarium.
34. To reduce GST on Common Effluent Treatment Plants services of treatment of effluents, from 18% to 12%.
35. To exempt services by way of fumigation in a warehouse of agricultural produce.
36. To reduce GST to 12% in respect of mining or exploration services of petroleum crude and natural gas and for drilling services in respect of the said goods.
37. To exempt subscription of online educational journals/periodicals by educational institutions who provide degree recognized by any law from GST.
38. To exempt the service provided by way of renting of transport vehicles provided to a person providing services of transportation of students, faculty and staff to an educational institution providing education up to higher secondary or equivalent.
39. To extend the concessional rate of GST on houses constructed/ acquired under the Credit Linked Subsidy Scheme for Economically Weaker Section (EWS) / Lower Income Group (LIG) / Middle Income Group-1 (MlG-1) / Middle Income Group-2 (MlG-2) under the Housing for All (Urban) Mission/Pradhan Mantri Awas Yojana (Urban) and low-cost houses up to a carpet area of 60 square meters per house in a housing project which has been given infrastructure status, as proposed by Ministry of Housing & Urban Affairs, under the same concessional rate.
40. To tax time charter services at GST rate of 5%, that is at the same rate as applicable to voyage charter or bareboat charter, with the same conditions.
41. To levy concessional GST @12% on the services provided by way of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of building used for providing (for instance, centralized cooking or distributing) mid-day meal scheme by an entity registered under section 12AA of IT Act.
42. To exempt services provided by and to the Fédération Internationale de Football Association (FIFA) and its subsidiaries directly or indirectly related to any of the events under the FIFA U-20 World Cup in case the said event is hosted by India.
43. To exempt the government’s share of profit petroleum from GST and to clarify that cost petroleum is not taxable per se.

Decisions relating to Goods(Click here)

Top 5 Questions on Late Fees

You may also be interested in:

• Confiscation or penalty
• Confiscation of goods or conveyances and levy of penalty
• Power to waive penalty or fee or both
• General penalty
• Penalty for failure to furnish information return
• Penalty for certain offences
• How to calculate Interest for late payment in detail