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CBIC waives late fee for default in filing Form GSTR 10 & GSTR 9

CBIC vide notification dated 17th July, 2023 has issued following amendments to the notifications providing waiver of late fee for default in filling Form GSTR 10 and GSTR 9:

The CBIC has amended Notification No. 08/2023-Central Tax dated 31.03.2023, to provide waiver of the late fees in excess of Rs.1000 (Rs.500 CGST + Rs. 500 SGST), for the registered persons who fails to furnish return in FORM GSTR-10 i.e. final return by the due date, subject to the condition that the said returns are furnished between the period from 1st April, 2023 to 31st August, 2023.

The CBIC also amended Notification No. 07/2023-Central Tax dated 31.03.2023, to provide waiver of total amount of late fees which is in excess of Rs. 20,000 (Rs, 10,000 CGST + Rs. 10,000 SGST) for failure to furnish Annual return in Form GSTR 9 for any of the financial years from 2017-18 to 2021-22 by the due date, subject to the condition that the said returns are furnished between the period from 1st April, 2023 to 31st August, 2023.

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