Late fee waiver for delayed GSTR-1 filings limits daily penalty exposure above specified thresholds. Waives the late fee for failure to furnish outward supplies in FORM GSTR-1 where the amount payable exceeds a prescribed daily threshold; a lower threshold for waiver applies when there are no outward supplies. The notification is effective retrospectively and limits the late-fee liability of registered persons for delayed GSTR-1 filings.