[ Section 47 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ]

Section 47 CGST Act 2017 deals with Levy of late fee and is covered in Chapter IX – Returns

[Note : CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT, 2017 assented by the President of India on 12-4-2017 -An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and the matters connected therewith or incidental thereto. ]

Levy of late fee.

47. (1) Any registered person who fails to furnish the details of outward ¹²[***] supplies required under section 37  or ¹³[***]  or returns required under section 39 or section 45 ¹⁴[or section 52] by the due date shall pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum amount of five thousand rupees. (Note -1 to 10 )

(2) Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent of his turnover in the State or Union territory.

Notes on Section 47 of CGST Act 2017

14. Inserted by the Finance Act, 2022, w.e.f. 1-10-2022.

13 Words “or section 38” omitted by the Finance Act, 2022, w.e.f. 1-10-2022.

12. Words “or inward” omitted by the Finance Act, 2022, w.e.f. 1-10-2022.

11 Notification No 41/2019 Central Tax  Dated  31.08.2019 : GSTR 1 and GSTR 6 Late Fees Waived for July 2019

10. Notification No 75/2018 Central Tax Dated 31st December, 2018 Seeks to fully waive the amount of late fees leviable on account of delayed furnishing of FORM GSTR-1 for the period July, 2017 to September, 2018 in specified cases.

9.  Notification No 76/2018 Central Tax Dated 31st December, 2018: Late Fees waiver for delayed filing of FORM GSTR-3B for July 2017 to September, 2018 in specified cases.

8. Seeks to waive the late fee for FORM GSTR-3 from October, 2017 to April, 2018 if TRAN 1 submitted but not filed  vide  Notification No. 22 /2018 – Central Tax  Dated  the 14th May, 2018

7. Reduction of late fee in case of delayed filing of FORM GSTR-6 vide Notification No 7/2018  Central Tax Dated 23rd January, 2018

6. Reduction of late fee in case of delayed filing of FORM GSTR-5A vide Notification No 6/2018  Central Tax Dated 23rd January, 2018

5. Reduction of late fee in case of delayed filing of FORM GSTR-5 vide Notification No 5/2018  Central Tax Dated 23rd January, 2018

4. Reduction of late fee in case of delayed filing of FORM GSTR-1 vide Notification No 4/2018  Central Tax Dated 23rd January, 2018

3. Waives the late fee payable for failure to furnish the return in FORM GSTR-4 vide Notification No 73/2017 Central Tax Dated 29th December, 2017

3A Notification No 64/2017 Central Tax Dated 15.11.2017 : GSTR-3B late Fees : Maximum limit

2A. Seeks to waive late fee payable for delayed filing of FORM GSTR-3B for Aug & Sep, 2017 vide Notification No 50/2017 Central Tax Dated 24th October, 2017

2. Seeks to waive late fee payable for delayed filing of FORM GSTR-3B for Aug & Sep, 2017 vide Notification No 50/2017 Central Tax Dated 24th October, 2017

1. Seeks to waive the late fee for late filing of FORM GSTR-3B, for the month of July 2017 vide Notification No 28/2017 Central Tax dated 1st September, 2017

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