Late fee waiver for delayed GSTR 1 filing limits penalty exposure for failure to furnish outward supply details. The notification waives, for registered persons, the portion of late fee for failure to furnish FORM GSTR 1 by the due date that exceeds twenty five rupees per day; if there are no outward supplies in a month/quarter, the waiver applies to the portion exceeding ten rupees per day. The waiver is effected by statutory notification and is effective from 23 January 2018.
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 1 filing limits penalty exposure for failure to furnish outward supply details.
The notification waives, for registered persons, the portion of late fee for failure to furnish FORM GSTR 1 by the due date that exceeds twenty five rupees per day; if there are no outward supplies in a month/quarter, the waiver applies to the portion exceeding ten rupees per day. The waiver is effected by statutory notification and is effective from 23 January 2018.
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 
