Late fee cap for delayed GSTR-3B filings set with reduced daily cap for nil state-tax returns, easing penalty exposure. The notification limits the recoverable late fee for delayed furnishing of FORM GSTR-3B from October 2017: where there is any State Tax payable the late fee is waived to the extent it exceeds twenty-five rupees per day of delay, and where the return shows nil State Tax the late fee is waived to the extent it exceeds ten rupees per day of delay, exercised under Section 128 read with the due date obligation in section 47.
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Provisions expressly mentioned in the judgment/order text.
Late fee cap for delayed GSTR-3B filings set with reduced daily cap for nil state-tax returns, easing penalty exposure.
The notification limits the recoverable late fee for delayed furnishing of FORM GSTR-3B from October 2017: where there is any State Tax payable the late fee is waived to the extent it exceeds twenty-five rupees per day of delay, and where the return shows nil State Tax the late fee is waived to the extent it exceeds ten rupees per day of delay, exercised under Section 128 read with the due date obligation in section 47.
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