Seeks to rationalize late fee imposed under section 47 of the CGST Act, 2017 for late filing of return in FORM GSTR-4 from FY 2021-22 onwards

Seeks to rationalize late fee imposed under section 47 of the CGST Act, 2017 for late filing of return in FORM GSTR-4 from FY 2021-22 onwards https://www.taxtmi.com/notifications?id=136014 Amendment waives the portion of late fee payable under section 47 for FORM GSTR-4 returns from FY 2021-22 onwards that exceeds specified thresholds: a lower threshold where the State tax payable is nil, and a higher threshold for other registered persons, thereby limiting recoverable late fee to amounts up to those thresholds. en-us Mon, 21 Jun 2021 00:00:00 +0530 Wed, 30 Jun 2021 18:24:00 +0530 TaxTMI RSS Generator Seeks to rationalize late fee imposed under section 47 of the CGST Act, 2017 for late filing of return in FORM GSTR-4 from FY 2021-22 onwards https://www.taxtmi.com/notifications?id=136014 Amendment waives the portion of late fee payable under section 47 for FORM GSTR-4 returns from FY 2021-22 onwards that exceeds specified thresholds: a lower threshold where the State tax payable is nil, and a higher threshold for other registered persons, thereby limiting recoverable late fee to amounts up to those thresholds. Notifications GST - States Mon, 21 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136014