Late fee waiver for annual GST return filings reduces per-day penalties and provides amnesty for eligible past non-filers. The notification rationalises the late fee for annual GST returns from the specified financial year by prescribing per-day fees with maximum caps tied to aggregate turnover bands, and grants an amnesty for earlier-year non-filers who file within a prescribed relief window in 2023 by waiving late fees exceeding a fixed monetary ceiling; the measure is effective retrospectively from the end of the financial year and issued under statutory power to modify late fee liabilities.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for annual GST return filings reduces per-day penalties and provides amnesty for eligible past non-filers.
The notification rationalises the late fee for annual GST returns from the specified financial year by prescribing per-day fees with maximum caps tied to aggregate turnover bands, and grants an amnesty for earlier-year non-filers who file within a prescribed relief window in 2023 by waiving late fees exceeding a fixed monetary ceiling; the measure is effective retrospectively from the end of the financial year and issued under statutory power to modify late fee liabilities.
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