Late fee waiver for GSTR-7 returns reduces per day penalty above threshold and waives total excess from June 2021. The notification waives the portion of late fee under section 47 for registered persons required to deduct tax at source who fail to furnish FORM GSTR-7 from June 2021 onwards that exceeds a daily floor amount of twenty five rupees and provides that total late fee liability shall be waived where it exceeds an aggregate amount of one thousand rupees, effective 1 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-7 returns reduces per day penalty above threshold and waives total excess from June 2021.
The notification waives the portion of late fee under section 47 for registered persons required to deduct tax at source who fail to furnish FORM GSTR-7 from June 2021 onwards that exceeds a daily floor amount of twenty five rupees and provides that total late fee liability shall be waived where it exceeds an aggregate amount of one thousand rupees, effective 1 June 2021.
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