Late fee waiver for delayed GSTR-1 filing: excess daily penalties beyond prescribed threshold waived; lower threshold for nil supplies The notification waives the portion of the daily late fee for delayed furnishing of FORM GSTR-1 that exceeds a prescribed threshold, limiting daily penalty exposure; a lower threshold applies where there are no outward supplies, and the waiver removes the excess above that reduced daily threshold from recoverability.
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: excess daily penalties beyond prescribed threshold waived; lower threshold for nil supplies
The notification waives the portion of the daily late fee for delayed furnishing of FORM GSTR-1 that exceeds a prescribed threshold, limiting daily penalty exposure; a lower threshold applies where there are no outward supplies, and the waiver removes the excess above that reduced daily threshold from recoverability.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.