Late fee waiver for GSTR-7 returns limits deductor penalty exposure and caps total payable for delayed filings. Waives the late fee payable by registered persons required to deduct tax at source for failure to furnish the return in FORM GSTR-7 for the month of June 2021 onwards by the due date, by removing any amount of late fee in excess of twenty five rupees per day of delay; additionally waives any portion of the total late fee which is in excess of one thousand rupees.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for GSTR-7 returns limits deductor penalty exposure and caps total payable for delayed filings.
Waives the late fee payable by registered persons required to deduct tax at source for failure to furnish the return in FORM GSTR-7 for the month of June 2021 onwards by the due date, by removing any amount of late fee in excess of twenty five rupees per day of delay; additionally waives any portion of the total late fee which is in excess of one thousand rupees.
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