Late fee for delayed GST returns accrues daily and is capped either by a fixed statutory limit or by turnover.

Section 47 prescribes a late fee where registered persons fail to furnish specified GST supply details or returns by the due date: for omissions under sections 37/38 or returns under 39/45 a daily fee of one hundred rupees applies up to a maximum of five thousand rupees; for failure to file the return under section 44 a daily fee of one hundred rupees applies subject to a ceiling equal to one quarter of one percent of the person's turnover in the State.

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