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.
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