Late fee for Default in Furnishing Return - Section 47

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..... Required returns under section 39 [ GSTR 3B/4/5/6/7 ], or Final Return under section 45 [ GSTR 10 ], or TCS Statement under section 52 [ GSTR 8 ] Late Fee shall be payable Rs. 100/- (i.e. 100 CGST + 100 SGST ) for every day during which such failure continues subject to a maximum amount of Rs. 5000/- ( i.e. 5000 CGST + 5000 SGST), In other words Maximum l .....

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..... ommendations of the Council, hereby waives the amount of late fee referred to in section 47 of the Act, which is in excess of five hundred rupees for the registered persons who fail to furnish the final return in FORM GSTR-10 by the due date but furnish the said return between the period from the 1st day of April, 2023 to the 31st day of August, 2023 . Waives the amount of late fee f .....

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..... ny registered person for failure to furnish the return in FORM GSTR-4 by the due date, which is in excess of an amount of twenty five rupees for every day during which such failure continues. Conclusion All registered business has to file monthly, quarterly or annual GST Returns based on the type of business. A return is a document which contains the details of income which a .....

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