CMP -08

Quick Summary
There's a common misconception regarding late fees for Form CMP-08. While some believe there's a daily charge, the consensus from the discussion is that CMP-08 is a statement for self-assessment tax payment, not a return filing form. Therefore, late fees under Section 47 of the CGST Act are generally not applicable. However, interest may still apply as per Section 50 of the CGST Act.

@ Ankit Neema
why don't you go through the Section refered above .
Read Bare Act do not depend on article available on Google.

late fee is not applicable on CMP-08. Since this is not a return. It is a self-assessment

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