Late fee waiver for delayed GSTR-1 filing reduces excess daily penalty; lower threshold applies when no outward supplies exist. The notification waives the portion of late fee payable by a registered person for failure to furnish details of outward supplies in FORM GSTR-1 by the due date, reducing the effective daily penalty by exempting the amount of late fee in excess of a specified daily threshold. A lower daily threshold applies where there are no outward supplies in the relevant month or quarter, with the waiver covering the amount of late fee exceeding that lower threshold for each day the failure continues.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for delayed GSTR-1 filing reduces excess daily penalty; lower threshold applies when no outward supplies exist.
The notification waives the portion of late fee payable by a registered person for failure to furnish details of outward supplies in FORM GSTR-1 by the due date, reducing the effective daily penalty by exempting the amount of late fee in excess of a specified daily threshold. A lower daily threshold applies where there are no outward supplies in the relevant month or quarter, with the waiver covering the amount of late fee exceeding that lower threshold for each day the failure continues.
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