The Goods and Services Tax Network (“GSTN”) has enabled the Late fees reduction for pending Final Return (GSTR-10) and Annual Return (GSTR-9/9C) on GST Portal.
Annual returns (GSTR-9/9C)
GST Late Fees have been capped upto Rs. 20000/- (CGST + SGST) for filing pending Annual Return (GSTR-9/9C) for Financial Years starting from 2017-18 to 2021-22, if the same is filed between April 01, 2023 to June 30, 2023.
To know more CLICK HERE
Final Return (GSTR-10)
Late Fees reduction for pending Final Return GSTR-10 i.e. maximum late fees Rs. 1000/- (CGST + SGST), if the same is filed between April 01, 2023 to June 30, 2023.
To know more CLICK HERE
Source #GST Portal