CBIC waives late fee till 30th June for delayed filing of GSTR-4

Last updated: 27 May 2022

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The Central Board of Indirect Taxes and Customs (CBIC) has announced a waiver of late fees for small taxpayers registered under the composition scheme. This waiver applies to delayed filings of the annual GSTR-4 return for the financial year 2021-22. The late fee will be waived for filings made between May 1st and June 30th, 2022.

CBIC on Thursday (26th May 2022) waived late fees for two months till June for delayed filing of GST returns for financial year 2021-22 by small taxpayers registered under the composition scheme. The Central Board of Indirect Taxes and Customs (CBIC) in the notification said that late fee shall b

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FAQ :

Small taxpayers registered under the composition scheme are eligible for the waiver.

The waiver applies to the annual GSTR-4 return for the financial year 2021-22.

The late fee is waived for filings made from May 1st, 2022, until June 30th, 2022.

Typically, the late fee is Rs 50 per day, with a maximum of Rs 500 if the tax payable is nil, and Rs 2,000 in all other cases.

The Central Board of Indirect Taxes and Customs (CBIC) announced the waiver.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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CBIC waives late fee till 30th June for delayed filing of GSTR-4