Waiver of late fee

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Practicing Company Secretary
125 Points Posted on 03 February 2020
Will there any waiver of late fees for not filing GST return soon?
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On 03 February 2020 at 12:45 Report
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This discussion explores the possibility of a waiver for GST late filing fees. While the author believes a waiver is unlikely, they acknowledge it would benefit taxpayers. It's clarified that the Assessing Officer (AO) cannot waive these fees, as they are mandated by law. Any waiver would require a notification from the CBIC (Central Board of Indirect Taxes and Customs).

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"Do the Right Thing...!!!"
128162 Points Posted on 03 February 2020
As per my view NO...

May be govt can give the waiver then it's good to taxpayers.
1 Reply
On 03 February 2020 at 17:01
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17269 Points Posted on 03 February 2020
Waiver of late fee is not within power of AO .
It is backed by section itself and waiver can be possible by way of notification by CBIC
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On 03 February 2020 at 19:09

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