Late fee waiver for delayed GSTR-5A filing reduces excess daily penalties; lower waiver threshold applies when integrated tax is nil. The State authority waives the portion of late fee for failure to furnish FORM GSTR-5A that exceeds a specified daily amount, capping the effective daily penalty for delayed filing. For returns showing nil integrated tax liability, a lower daily threshold applies and the portion of late fee in excess of that reduced daily amount is likewise waived by administrative notification.
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.
Late fee waiver for delayed GSTR-5A filing reduces excess daily penalties; lower waiver threshold applies when integrated tax is nil.
The State authority waives the portion of late fee for failure to furnish FORM GSTR-5A that exceeds a specified daily amount, capping the effective daily penalty for delayed filing. For returns showing nil integrated tax liability, a lower daily threshold applies and the portion of late fee in excess of that reduced daily amount is likewise waived by administrative notification.
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 
