Waiver of late fee limits daily penalties for delayed filing of GSTR-4 returns, with lower threshold for nil-tax returns. The notification, issued under section 128 of the Maharashtra GST Act, waives the amount of late fee payable under section 47 for failure to furnish the return in FORM GSTR-4 by the due date to the extent such fee exceeds a specified daily threshold; where the state tax payable in the return is nil, the waiver limits recoverable daily late fee to a smaller specified daily threshold, with any excess waived.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Waiver of late fee limits daily penalties for delayed filing of GSTR-4 returns, with lower threshold for nil-tax returns.
The notification, issued under section 128 of the Maharashtra GST Act, waives the amount of late fee payable under section 47 for failure to furnish the return in FORM GSTR-4 by the due date to the extent such fee exceeds a specified daily threshold; where the state tax payable in the return is nil, the waiver limits recoverable daily late fee to a smaller specified daily threshold, with any excess waived.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
