Late fee waiver for GSTR-1 filings: excess late fees capped and waived for specified classes of registrants from June period onward. Amendment provides a capped waiver of late fees for registered persons who fail to furnish outward supply details in FORM GSTR-1 by the due date, effective from the tax period beginning June, 2021. Relief is class-based: nil outward suppliers and registrants within two turnover bands are each subject to a prescribed maximum late fee, with any amount in excess of that cap waived.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for GSTR-1 filings: excess late fees capped and waived for specified classes of registrants from June period onward.
Amendment provides a capped waiver of late fees for registered persons who fail to furnish outward supply details in FORM GSTR-1 by the due date, effective from the tax period beginning June, 2021. Relief is class-based: nil outward suppliers and registrants within two turnover bands are each subject to a prescribed maximum late fee, with any amount in excess of that cap waived.
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