Late fee for delayed GST returns: daily penalty accrues with fixed daily charge and turnover based cap on maximum liability. Failure by a registered person to furnish required GST returns or supply details attracts a late fee computed as a fixed daily charge for each day of default; for certain return defaults this daily charge is subject to a fixed monetary ceiling, while for the specific return addressed separately the daily charge is subject instead to a turnover based maximum cap.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Late fee for delayed GST returns: daily penalty accrues with fixed daily charge and turnover based cap on maximum liability.
Failure by a registered person to furnish required GST returns or supply details attracts a late fee computed as a fixed daily charge for each day of default; for certain return defaults this daily charge is subject to a fixed monetary ceiling, while for the specific return addressed separately the daily charge is subject instead to a turnover based maximum cap.
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