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of <h1>Late Fee Penalties Under Section 42 of GST Law: Daily Charges for Late Supply or Return Submissions Explained</h1> Section 42 of the Model GST Law, 2016, imposes a late fee on registered taxable persons who fail to submit required details of outward or inward supplies or returns by the due date. The late fee is one hundred rupees per day, capped at five thousand rupees. For failing to furnish returns under section 39 by the due date, the late fee is also one hundred rupees per day, with a maximum limit of a quarter percent of the person's turnover in the State.
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