The GST amnesty/waiver scheme under Section 128A of the CGST Act offers a conditional waiver of interest and penalties for demand notices issued under Section 73 (non-fraudulent cases) for the financial years 2017-18, 2018-19, and 2019-20. To qualify, taxpayers must pay the full tax liability by March 31, 2025, and file the necessary application (Form SPL-01 or SPL-02).
The new GST Amnesty scheme 2024. Avail the new GST Amnesty Scheme 2024, introduced via Section 128A for conditional waiver of interest and penalties for tax demands from FY 2017-18 to 2019-20 under Section 73. To qualify, taxpayers must fully pay outstanding tax dues by March 31, 2025.
The GST Amnesty Scheme under Section 128A grants total waiver of pending interest and penalty amount if the tax dispute amount is paid by an eligible taxpayer on or before March 31, 2025.
“GST amnesty scheme for GSTR-9 delayed filing- Late fee in excess of Rs. 20,000 (Rs. 10,000 each CGST and SGST) is waived of for delayed filing of GSTR9 for years 2017-18 up to 2021-22 if filed between 1st April 2023 to 30th June 2023.
1. Login into GST portal: Navigate to > Services > User Services > My Applications. 2. On Navigating to 'My Applications' page, the taxpayer has to select 'Apply for Waiver Scheme under Section 128A' option under 'Application type' dropdown.
Non-resident Indians have the same rights as Indian citizens when it comes to Goods and Services Tax (GST) exemptions. If a Non-Resident Indian meets the criteria set out in the applicable law, he/she can avail of this benefit.
The GST Amnesty Scheme 2024 offers a valuable opportunity for taxpayers to settle past GST disputes from FY 2017-18 to 2019-20 with a waiver of interest and penalties under Section 73. To avail the benefit, full tax payment must be made by March 31, 2025, and the application must be filed by June 30, 2025.
The following category of tax persons are exempted from payment of 1% of GST in Cash 1. Registered taxpayers who have paid income tax above Rs 1.00 in Income Tax during the last two years continuously 2. Taxpayers who have zero-rated supplies without payment of duty and claimed refund of more than Rs 1.00 lac 3.
CGST and SGST late fee is ₹50 per day per return, with a limit of ₹5,000 per type of return. 4. Can you waive or reduce the GST penalty? Yes, you can waive or reduce a GST default penalty in case of actual default on the basis of reasonable causes and for first-time offenders.
Legal provisions restrict claiming ITC after the due date of GSTR-3B or annual return for that financial year. Example: For FY 2019-20, ITC on a September 2020 invoice could be claimed by 20th October 2020 (GSTR-3B due date) or 31st December 2020 (annual return). Amnesty scheme does not extend this ITC claim period.
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
Effective October 1st, 2025, a new set of rules for GST return filing will come into effect. This marks the first filing cycle under the GST 2.0 reforms, aimed at improving transparency, control, and accuracy in Input Tax Credit (ITC) management through the Invoice Management System (IMS).
GST Amnesty Scheme 2025, as per Section 128A of the CGST Act, is a relief mechanism where the taxpayers are provided an opportunity to clear outstanding dues by exempting historical tax dues from penalty and interest.
Businesses dealing in goods are exempt from GST if their annual aggregate turnover is below INR 40 lakhs. For businesses in hilly and northeastern states, this threshold is reduced to INR 20 lakhs to address regional challenges. Service providers are exempt from GST if their turnover is under INR 20 lakhs annually.
Client Notices: Drafts professional replies to GST notices or departmental queries.
Steps to Apply for the GST Waiver
Here's a simplified breakdown of the process under Section 128A: File an Application on the GST Portal: Apply electronically using FORM GST SPL-01 for non-fraudulent notices or FORM GST SPL-02 for certain orders. Include details of the tax payments made using FORM GST DRC-03.
Penalties for a late GST return
You'll be charged a penalty for late filing – $50 if you're on the payments basis; $250 if you're on the hybrid or invoice basis. The penalty is due for payment before the 28th of the month after the return was due.
Contact customer service and explain that the missed payment was accidental. Request a fee waiver. Politely ask if they can remove the late fee, particularly if you have a history of on-time payments. Ask about penalty APR removal.
What is the Minimum Turnover Limit for GST Registration? Businesses are required to register for GST and pay tax on their annual turnover if their annual revenue exceeds Rs. 40 lakhs in the case of goods supplied and Rs. 20 lakhs for the supply of services.
The New GST Rate Structure
The old four-slab structure (5%, 12%, 18%, 28%) has been simplified. The 12% and 28% slabs were eliminated and replaced with a new structure, which is now primarily 0%, 5%, 18%, and a 40% rate for luxury and “sin” goods.
The scheme provides an opportunity to employers and insured persons to settle disputes outside courts in a structured and transparent manner. It will remain in operation from 1st October 2025 to 30th September 2026. For coverage disputes, the scheme applies to both closed and running units.
To avail of this waiver, the condition is that the full tax demanded is paid on or before 31.03. 2025. Given the above, Rule 164 of CGST rules, 2017 was notified through Notification No. 20/2024 dated.