Late fee waiver for delayed NIL GSTR 7 filings waives excess penalties and exempts returns with nil tax deducted. The State GST notification waives the portion of late fee for failure to furnish FORM GSTR-7 (June 2021 onwards) that exceeds twenty-five rupees per day, with a further provision that any total late fee in excess of one thousand rupees shall be waived. It also provides that where the total State tax deducted at source for a month is nil, the entire late fee for failing to furnish FORM GSTR-7 for that month shall be waived. The notification supersedes the earlier inconsistent notification and is effective from 1 November 2024.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Late fee waiver for delayed NIL GSTR 7 filings waives excess penalties and exempts returns with nil tax deducted.
The State GST notification waives the portion of late fee for failure to furnish FORM GSTR-7 (June 2021 onwards) that exceeds twenty-five rupees per day, with a further provision that any total late fee in excess of one thousand rupees shall be waived. It also provides that where the total State tax deducted at source for a month is nil, the entire late fee for failing to furnish FORM GSTR-7 for that month shall be waived. The notification supersedes the earlier inconsistent notification and is effective from 1 November 2024.
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