Late fee for delayed GST returns: daily penalty applies, with distinct maximum caps for periodic and annual return failures. A late fee is imposed on registered persons who fail to furnish required details or returns by their due dates; a fixed daily penalty accrues until compliance subject to a statutory maximum cap for periodic returns, while annual return non filing attracts a fixed daily penalty with a maximum ceiling linked to turnover in the State.
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 applies, with distinct maximum caps for periodic and annual return failures.
A late fee is imposed on registered persons who fail to furnish required details or returns by their due dates; a fixed daily penalty accrues until compliance subject to a statutory maximum cap for periodic returns, while annual return non filing attracts a fixed daily penalty with a maximum ceiling linked to turnover in the State.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.