Late fee waiver for delayed composition return filings provides threshold relief for specified registered persons. Amendment inserts a proviso waiving specified portions of the late fee liability for registered persons who fail to furnish FORM GSTR-4 by the due date from the financial year 2021-22 onward, providing a lower waiver threshold for returns with nil State tax and a higher threshold for other registered persons, thus limiting enforceable late fee exposure for those categories.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for delayed composition return filings provides threshold relief for specified registered persons.
Amendment inserts a proviso waiving specified portions of the late fee liability for registered persons who fail to furnish FORM GSTR-4 by the due date from the financial year 2021-22 onward, providing a lower waiver threshold for returns with nil State tax and a higher threshold for other registered persons, thus limiting enforceable late fee exposure for those categories.
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