Late fee waiver for GSTR-7 returns reduces penalty burdens for delayed TDS return filings and eases compliance costs. The notification waives the portion of late fee payable by registered persons required to deduct tax at source for failure to furnish FORM GSTR-7 for June 2021 onwards that exceeds twenty-five rupees per day, and provides that the total late fee amount in excess of one thousand rupees shall stand waived, thereby reducing the effective late fee burden for late GSTR-7 filings.
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 penalty burdens for delayed TDS return filings and eases compliance costs.
The notification waives the portion of late fee payable by registered persons required to deduct tax at source for failure to furnish FORM GSTR-7 for June 2021 onwards that exceeds twenty-five rupees per day, and provides that the total late fee amount in excess of one thousand rupees shall stand waived, thereby reducing the effective late fee burden for late GSTR-7 filings.
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