https://www.taxtmi.com/article/detailed?id=16196 Late fee under Section 47 for delayed filing of annual return under GST is the specific statutory consequence for that default, and a separate general penalty under Section 125 cannot be imposed for the same omission. The residual penalty provision applies only where no separate consequence is otherwise provided, and it cannot be used to add a second punitive levy to a default already met with late fee. Late fee, though labelled as a fee, is treated as penal in substance when it is triggered by default and functions as a deterrent consequence. en-us Mon, 13 Apr 2026 07:55:54 +0530 Mon, 13 Apr 2026 07:55:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16196 Late fee under Section 47 for delayed filing of annual return under GST is the specific statutory consequence for that default, and a separate general penalty under Section 125 cannot be imposed for the same omission. The residual penalty provision applies only where no separate consequence is otherwise provided, and it cannot be used to add a second punitive levy to a default already met with late fee. Late fee, though labelled as a fee, is treated as penal in substance when it is triggered by default and functions as a deterrent consequence. Articles Goods and Services Tax - GST Mon, 13 Apr 2026 07:55:54 +0530 https://www.taxtmi.com/article/detailed?id=16196