GSTR 1 Returns late Fees reduced

By | January 20, 2018
(Last Updated On: January 20, 2018)

GST Returns late Fees reduced

The late fee payable by any registered person for failure to furnish FORM GSTR-1 (supply details), FORM GSTR-5 (Non-resident taxable person) or FORM GSTR-5A (OIDAR) is being reduced to Rs 50 per day and shall be Rs 20 rupees per day for NIL filers.

The late fee payable for failure to furnish FORM GSTR-6 (Input Service Distributor) shall be Rs 50 per day.

[25TH GST Council Meeting Decisions  :  ]

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