A massive fire in factory (Mumbai, MH) caused loss of all Accounting Data & Records due to which we had to file our GST returns almost 8-9 months later for the entire period of 10 months. Pire & Police FIR reports are available to justify.
We had to pay about Rs 1.50 lakhs of Late fees due to late filing (for 2 companies).
Can we claim refund of fees citing genuine reason for delay. Is there a provision.
FYI, in Maharashtra VAT we claimed and were granted 90% waiver of penalty due to late filing Annual Audit Report 704.
CAclubindia
