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of <h1>Telangana Waives Excess Late Fees for GSTR-7 Returns; New Cap Set at Rs. 1,000 Effective November 1, 2024.</h1> The Government of Telangana, exercising its authority under the Telangana Goods and Services Tax Act, 2017, supersedes the previous notification G.O. Ms No.55, dated 16.07.2021. The new notification, G.O.Ms.No. 138, dated 30-12-2024, waives late fees exceeding twenty-five rupees per day for registered persons failing to file FORM GSTR-7 returns from June 2021 onwards. The total late fee is capped at one thousand rupees, and fees are fully waived if no central tax is deducted at source for the month. This notification is effective from November 1, 2024.
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