Full Text of the Notification
“G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Government, on the recommendations of the Council, hereby waives the amount of late fee payable under section 47 of the said Act which is in excess of two hundred and fifty rupees, for the registered persons who fail to furnish the return in FORM GSTR-10 by the due date but furnishes the said return between the period from 22th day of September, 2020 to 31st day of December, 2020.”
Analysis
Late fees has been capped to Maximum of INR 500 If GSTR-10 is not filed by the Due date and it is being filed for period 22nd December, 2020 till 31st December 2020
GSTR-10 is a final return which has to be filed within 3 months form date of cancellation or cancellation order (whichever is earlier)
Also Read: Types of Returns and Registered Person in GST | All GST Returns
Notification
Click Here to Download Notification No. 68/2020 – Central Tax-Dated 21st September, 2020
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Mr. Setia is a CA by Profession and expert in the field of Indirect Taxation Based in Delhi. Rich experience of over 5 year.