Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1

Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1 https://www.taxtmi.com/notifications?id=146125 Late fee for delayed furnishing of outward-supply details in FORM GSTR-1 is waived beyond prescribed daily limits, with a lower daily limit for persons having no outward supplies. Complete waiver applies for specified historical periods where GSTR-1 was furnished within notified windows. For tax periods from June 2021 onwards, total late fee is capped for nil outward-supply filers and other registered persons according to aggregate turnover in the preceding financial year. Earlier late-fee waiver notifications are superseded, while actions taken under them are preserved. en-us Mon, 19 Jul 2021 00:00:00 +0530 Tue, 28 Jul 2026 17:09:00 +0530 TaxTMI RSS Generator Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1 https://www.taxtmi.com/notifications?id=146125 Late fee for delayed furnishing of outward-supply details in FORM GSTR-1 is waived beyond prescribed daily limits, with a lower daily limit for persons having no outward supplies. Complete waiver applies for specified historical periods where GSTR-1 was furnished within notified windows. For tax periods from June 2021 onwards, total late fee is capped for nil outward-supply filers and other registered persons according to aggregate turnover in the preceding financial year. Earlier late-fee waiver notifications are superseded, while actions taken under them are preserved. Notifications GST - States Mon, 19 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146125