Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Late fee under CGST Act section 47(2) applies for delayed filing of complete annual return comprising both GSTR-9 and GSTR-9C (where required). For taxpayers with turnover exceeding specified thresholds, annual return is deemed incomplete without GSTR-9C. Late fee calculation period extends from due date until complete submission. Per notification 08/2025-CT, excess late fee beyond GSTR-9 filing date is waived for FY 2022-23 and earlier if GSTR-9C is filed by March 31, 2025. No refund available for previously paid late fees. Single late fee applies for the entire delay period rather than separate penalties for GSTR-9 and GSTR-9C.
Late fee under CGST Act section 47(2) applies for delayed filing of complete annual return comprising both GSTR-9 and GSTR-9C (where required). For taxpayers with turnover exceeding specified thresholds, annual return is deemed incomplete without GSTR-9C. Late fee calculation period extends from due date until complete submission. Per notification 08/2025-CT, excess late fee beyond GSTR-9 filing date is waived for FY 2022-23 and earlier if GSTR-9C is filed by March 31, 2025. No refund available for previously paid late fees. Single late fee applies for the entire delay period rather than separate penalties for GSTR-9 and GSTR-9C.
Note: It is a system-generated summary and is for quick reference only.
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