WebApr 5, 2024 · The taxpayers will get a concession in the late fee payable under the GST Amnesty Scheme. The maximum late fee is restricted to Rs.1,000 per return (i.e. Rs.500 … WebApr 14, 2024 · Businesses with an annual turnover of Rs 5 crore to Rs 20 crore will be liable to pay a late fee of Rs 100 per day, capping at 0.04% of their turnover. Full Fee Waiver …
How to Draft a GST Late Fee Waiver Request?
WebJan 6, 2024 · The GST Council on his 31st Meeting has given a big relief to all taxpayers who are required to file GSTR-3B and GSTR-1 and GSTR-4 accordingly , from payment … WebMay 10, 2024 · Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for the tax periods of March and April, 2024, through Central Tax Notification Nos. 08/2024 and 09/2024, both dated 1st May, 2024. Government has further extended the dates of various compliances by Taxpayers … coffin to great waterfall crest
GST Late Fee waived for Delay in Filing of GSTR-04 and CMP-08
WebNov 15, 2024 · Delayed Fee Reduction of GST Late Fee Waiver Amnesty Scheme Under this scheme, the taxpayers receive a concession in the penalty or late fee to be paid. The maximum late fee to be imposed is restricted to ₹1,000 for every return (₹ 500 under SGST and ₹500 under CGST) for GSTR-3B with any kind of tax liability except for a nil GSTR … WebGST amnesty scheme article focused on revocation of cancellation of registration and deemed withdrawal of assessment, 5 CBIC notifications ... GSTR-9 and GSTR-10 either by way of conditional waiver or by way of reduction of late fee. ... Condition 2 – The registration is cancelled on or before 31st December 2024. WebWaiver of late fees in case of delay in filing GSTR 3B announced in addition to the relief measures already provided to the taxpayers vide the notifications issued on 01.05.2024 … coffin time