Late fee waived for all tax-payers who could not file the GSTR 3B for the month of July 2017

Late fee waived for all tax-payers who could not file the GSTR 3B for the month of July 2017 https://www.taxtmi.com/news?id=18745 Late fee has been waived for taxpayers who failed to file GSTR 3B for July 2017, but interest on late payment of tax remains payable. Payment is complete only when tax is debited from the electronic cash/credit ledger; interest is leviable where full tax liability was not discharged by the due date. GSTR 1, GSTR 2 and GSTR 3 have specified subsequent filing deadlines, and a circular clarifies systems based reconciliation between GSTR 1/GSTR 2 and GSTR 3B. en-us Sat, 02 Sep 2017 18:15:53 +0530 Sat, 02 Sep 2017 18:15:53 +0530 TaxTMI RSS Generator Late fee waived for all tax-payers who could not file the GSTR 3B for the month of July 2017 https://www.taxtmi.com/news?id=18745 Late fee has been waived for taxpayers who failed to file GSTR 3B for July 2017, but interest on late payment of tax remains payable. Payment is complete only when tax is debited from the electronic cash/credit ledger; interest is leviable where full tax liability was not discharged by the due date. GSTR 1, GSTR 2 and GSTR 3 have specified subsequent filing deadlines, and a circular clarifies systems based reconciliation between GSTR 1/GSTR 2 and GSTR 3B. News - Sat, 02 Sep 2017 18:15:53 +0530 https://www.taxtmi.com/news?id=18745