State Government, recommendations of the Council, waives the amount of late fee referred to in section 47 of the MPGST Act

State Government, recommendations of the Council, waives the amount of late fee referred to in section 47 of the MPGST Act https://www.taxtmi.com/notifications?id=140164 The State Government waives the late fee under Section 47 for returns under Section 44 for FY 2022-23 onwards, capping excess liability above specified per-day rates: twenty-five rupees per day (turnover up to five crore) and fifty rupees per day (turnover above five crore up to twenty crore), each subject to a maximum of 0.02% of in-State turnover. A proviso grants an amnesty for delayed returns for earlier years filed between 1 April and 30 June 2023, waiving total late fee in excess of ten thousand rupees. The notification is effective from 31 March 2023. en-us Fri, 21 Apr 2023 00:00:00 +0530 Sat, 20 May 2023 11:43:00 +0530 TaxTMI RSS Generator State Government, recommendations of the Council, waives the amount of late fee referred to in section 47 of the MPGST Act https://www.taxtmi.com/notifications?id=140164 The State Government waives the late fee under Section 47 for returns under Section 44 for FY 2022-23 onwards, capping excess liability above specified per-day rates: twenty-five rupees per day (turnover up to five crore) and fifty rupees per day (turnover above five crore up to twenty crore), each subject to a maximum of 0.02% of in-State turnover. A proviso grants an amnesty for delayed returns for earlier years filed between 1 April and 30 June 2023, waiving total late fee in excess of ten thousand rupees. The notification is effective from 31 March 2023. Notifications GST - States Fri, 21 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140164