Reduction of late fee in case of delayed filing of FORM GSTR-5 - 05/2018 - Central GST (CGST)

Late fee waiver reduces penalty exposure for delayed GSTR 5 filings, with lower waiver thresholds where return shows nil tax.

Notification waives the amount of late fee payable by any registered person for failure to furnish FORM GSTR-5 by the due date to the extent it exceeds a prescribed daily threshold, and provides a lower waiver threshold where the total central tax payable in the return is nil.