Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting

Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting https://www.taxtmi.com/news?id=22864 Waiver of late fee for historical non-filing of GSTR-3B returns is under consideration; the fee exists to ensure timely filing and protect compliant taxpayers. Recent pandemic-related late fees were waived for a limited period, but older liabilities are not addressed. Any change to the historical late fee requires multilateral approval and will be placed on the agenda of the GST Council for discussion. en-us Tue, 02 Jun 2020 09:21:47 +0530 Tue, 02 Jun 2020 09:21:47 +0530 TaxTMI RSS Generator Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting https://www.taxtmi.com/news?id=22864 Waiver of late fee for historical non-filing of GSTR-3B returns is under consideration; the fee exists to ensure timely filing and protect compliant taxpayers. Recent pandemic-related late fees were waived for a limited period, but older liabilities are not addressed. Any change to the historical late fee requires multilateral approval and will be placed on the agenda of the GST Council for discussion. News - Tue, 02 Jun 2020 09:21:47 +0530 https://www.taxtmi.com/news?id=22864