Menu
Waiver of late fee for GST 4
Is late fee waived for GST 4 from Jul 2017 for belated returns if filed before 30th of Sep 2020?
Replies (3)
Quick Summary
Yes, Notification No. 67/2020: Late fee payable under Section 47 in excess of ₹ 500 (250 CGST + 250 SGST) shall stand waived & shall stand fully waived where tax payable is NIL for persons who failed to furnish GSTR-4 for Quarters July, 2017 to March,2020 by due date but furnishes said Return between 22 September, 2020 to 31 October, 2020
What about late fee paid before
In Past, also there was waiver of late fee for GSTR 1 , GSTR 3B ect.. in those cases was refund of late fee paid before those waiver is given ???
For GSTR 4 also there is nothing mentioned regarding same, I think Not giving the refund of already paid late fee could discourage the honest taxpayers who have already paid such late fees and it goes upon the biased nature. So, we can expect that government should consider the subject matter and give a clarity on claiming the refund of the late fee which is already paid...
Recent Topics :
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
- Guidance Required on Filing Fresh Registration und
- IT Return Refund Status AY 2026-27
- Clarification Regarding Income Tax Demand Notice
- Online PAN Download: Check How?
Related Topics :
CAclubindia
