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=146555 Late fee for delayed furnishing of details of outward supplies in FORM GSTR-1 is waived to the extent it exceeds prescribed ceilings for tax periods commencing June 2021 or quarters ending June 2021 onwards. The ceiling is Rs. 250 for persons having nil outward supplies, Rs. 1,000 for other persons with preceding financial-year turnover up to Rs. 1.5 crore, and Rs. 2,500 for those with turnover above Rs. 1.5 crore and up to Rs. 5 crore. The waiver operates from 1 June 2021. en-us Fri, 23 Jul 2021 00:00:00 +0530 Tue, 11 Aug 2026 18:53:00 +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=146555 Late fee for delayed furnishing of details of outward supplies in FORM GSTR-1 is waived to the extent it exceeds prescribed ceilings for tax periods commencing June 2021 or quarters ending June 2021 onwards. The ceiling is Rs. 250 for persons having nil outward supplies, Rs. 1,000 for other persons with preceding financial-year turnover up to Rs. 1.5 crore, and Rs. 2,500 for those with turnover above Rs. 1.5 crore and up to Rs. 5 crore. The waiver operates from 1 June 2021. Notifications GST - States Fri, 23 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146555