Late fee waiver for GSTR-7 returns: excess fees and nil-deduction months relieved under the new notification. The Government waives the portion of late fee under section 47 for registered persons required to deduct tax under section 51 who failed to furnish FORM GSTR-7 from June 2021 onwards, to the extent the fee exceeds twenty-five rupees per day; additionally, total late fee liability is waived to the extent it exceeds one thousand rupees, and where State tax deducted at source is nil for a month, the entire late fee for that month is waived.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for GSTR-7 returns: excess fees and nil-deduction months relieved under the new notification.
The Government waives the portion of late fee under section 47 for registered persons required to deduct tax under section 51 who failed to furnish FORM GSTR-7 from June 2021 onwards, to the extent the fee exceeds twenty-five rupees per day; additionally, total late fee liability is waived to the extent it exceeds one thousand rupees, and where State tax deducted at source is nil for a month, the entire late fee for that month is waived.
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