Late fee for not filing of FORM GSTR- 1 from July, 2017 to November, 2019 waived

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On the recommendations of the 38th GST Council Meeting, CBIC vide Notification No. 74/2019 – Central Tax dated December 26, 2019 amended the Notification No. 4/2018– Central Tax, dated January 23, 2018 to insert following proviso after the second proviso which shall be effective from December 19, 2019:

“Provided also that the amount of late fee payable under section 47 of the said Act shall stand waived for the registered persons who failed to furnish the details of outward supplies in FORM GSTR-1 for the months/quarters from July, 2017 to November, 2019 by the due date but furnishes the said details in FORM GSTR-1 between the period from 19th December, 2019 to 10th January, 2020.”

Read more at : http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-74-central-tax-english-2019.pdf;jsessionid=7891B68A65ED074FDAFD6F889E80F432

 

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