Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
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The CBIC clarified that late fee under section 47(2) of the CGST Act applies to delayed filing of complete annual returns under section 44, which includes both FORM GSTR-9 and GSTR-9C (where required). Late fee is calculated from the due date until the complete return is furnished. For taxpayers with aggregate turnover exceeding the threshold (5 crore post-August 2021), annual return filing is incomplete without GSTR-9C. Per Notification No. 08/2025-Central Tax, excess late fee for financial years up to FY 2022-23 is waived if GSTR-9C is filed by March 31, 2025, with no additional fee beyond what was payable up to the GSTR-9 filing date. No refunds are available for late fees already paid.
The CBIC clarified that late fee under section 47(2) of the CGST Act applies to delayed filing of complete annual returns under section 44, which includes both FORM GSTR-9 and GSTR-9C (where required). Late fee is calculated from the due date until the complete return is furnished. For taxpayers with aggregate turnover exceeding the threshold (5 crore post-August 2021), annual return filing is incomplete without GSTR-9C. Per Notification No. 08/2025-Central Tax, excess late fee for financial years up to FY 2022-23 is waived if GSTR-9C is filed by March 31, 2025, with no additional fee beyond what was payable up to the GSTR-9 filing date. No refunds are available for late fees already paid.
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