GST return filing period extended after assessment orders, with additional late fee and withdrawal of the order on compliance. Section 62 of the Central Goods and Services Tax Act is amended to extend the period for furnishing a valid return after an assessment order from thirty days to sixty days. A further period of sixty days is available on payment of an additional late fee of one hundred rupees for each day of delay beyond the initial sixty days. If the valid return is furnished within the extended period, the assessment order is deemed to have been withdrawn, while liability to pay interest under section 50 and late fee under section 47 continues.
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Provisions expressly mentioned in the judgment/order text.
GST return filing period extended after assessment orders, with additional late fee and withdrawal of the order on compliance.
Section 62 of the Central Goods and Services Tax Act is amended to extend the period for furnishing a valid return after an assessment order from thirty days to sixty days. A further period of sixty days is available on payment of an additional late fee of one hundred rupees for each day of delay beyond the initial sixty days. If the valid return is furnished within the extended period, the assessment order is deemed to have been withdrawn, while liability to pay interest under section 50 and late fee under section 47 continues.
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