Waiver of late fee payable to a certain extent for delay in filing of various GST Returns

Waiver of late fee payable to a certain extent for delay in filing of various GST Returns

January 29, 2018 GST 0

Central Board of Excise and Customs has issued various notifications dated 23rd January, 2018 and waived the amount of late fee payable to a certain extent for following categories of person as specified in the Column 4 of the table for failure to furnish the applicable returns by the due date as specified in Column 3 of the table –

Table

Sl No. Notification No. GST Returns Applicable to In case of Nil Return In any other case
(1) (2) (3) (4) (5) (6)
A. Notification No. 4/2018-Central Tax   FORM GSTR-1

( Monthly Return)

Registered person having turnover exceeding 1.5 Crore Ten rupees for every day during which failure continues  

Twenty-Fiverupees for every day during which failure continues

B. Notification No. 4/2018-Central Tax   FORM GSTR-1

( Quarterly Return)

Registered person having turnover upto 1.5 Crore
    C Notification No. 5/2018-Central Tax   FORM GSTR- 5 Non-resident taxable person
D Notification No. 6/2018-Central Tax FORM GSTR- 5A Supplier of online information and database access or retrieval services by a person located outside India made to non-taxable persons in India
E Notification No. 7/2018-Central Tax FORM GSTR- 6 Input service distributor NA Twenty-Five rupees for every day during which failure continues

Source : Central Board of Excise and Customs

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