Late fee waiver for annual GST returns: capped per-day penalties and limited amnesty for specified late filings. The notification waives late fee for annual returns under section 44 for 2022-23 onwards by prescribing per-day capped late fees for two turnover classes and an overall cap tied to 0.02 percent of turnover; it also waives late fee in excess of ten thousand rupees for specified earlier-year returns filed between 1 April and 30 June 2023, with effect from 31 March 2023.
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Provisions expressly mentioned in the judgment/order text.
Late fee waiver for annual GST returns: capped per-day penalties and limited amnesty for specified late filings.
The notification waives late fee for annual returns under section 44 for 2022-23 onwards by prescribing per-day capped late fees for two turnover classes and an overall cap tied to 0.02 percent of turnover; it also waives late fee in excess of ten thousand rupees for specified earlier-year returns filed between 1 April and 30 June 2023, with effect from 31 March 2023.
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