Determination of late fees and interest on delayed filingof GSTR3B Under section 73

[NUKALA KUMAR]

Can determination of late fees and interest on late filing of GSTR-3B be levied under section 73?

My interpretation is late fees can be levied only by invoking section 47

Interest on delayed filing of GSTR-3B can be levied only section 50 and section 75

In the instant case the Assessing authority determined late fees for delayed filing of GSTR-09 and interest on delayed filing of GSTR-3B by invoking section 73.

AI Summary

Late GST Filing Penalties: Exploring Section 73's Scope and Interpretation of Interest and Fee Mechanisms A discussion forum explores the legal determination of late fees and interest for delayed GST filing under section 73. Multiple perspectives are shared regarding the appropriate statutory provisions for imposing penalties. One view argues that section 73 provides broader adjudication powers, while another emphasizes that interest is considered part of tax liability. The forum debates the legal interpretation of imposing late fees and interest for GST return submissions.