Seeks to rationalize late fee imposed under section 47 of the WBGST Act, 2017 for late furnishing of the statement of outward supplies in FORM GSTR-1, from tax period of June, 2021 onward (amendment to notification No. 118-F.T. dated 24.01.2018) - 635-F.T. - West Bengal SGST
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Late fee waiver for GSTR-1 returns limits payable late fees for eligible registrants who miss filing deadlines. Where registered persons fail to furnish FORM GSTR-1 by the due date for tax periods from June 2021 onward, the total late fee payable shall be waived to the extent it exceeds fixed cap amounts specified for defined classes of registrants, with classes distinguished by nil state-tax liability and by tiers of prior-year aggregate turnover, and the amendment operates from June 2021.
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 GSTR-1 returns limits payable late fees for eligible registrants who miss filing deadlines.
Where registered persons fail to furnish FORM GSTR-1 by the due date for tax periods from June 2021 onward, the total late fee payable shall be waived to the extent it exceeds fixed cap amounts specified for defined classes of registrants, with classes distinguished by nil state-tax liability and by tiers of prior-year aggregate turnover, and the amendment operates from June 2021.
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