Taxcharcha
GSTLatest

Re-credit of GST late fee paid

GST rate notifications

The CBIC has clarified that those taxpayers who have paid the late fee in respect of the Returns which are due on 24th and 27th June respectively for the taxpayers having aggregate turnover of more than Rs. 5 Crores shall be re-credited in the respective ledger in the due course. The amount which has been paid in excess of the late fee prescribed shall be re-credited in the due course.

late fee clarification
late fee clarification

 

Related posts

Circular 4 of 2022 – TDS on Salary

Team Taxcharcha

Notification No. 04/2022 – Central Tax (Rate) – Seeks to amend Notification No 12/2017- Central Tax (Rate) dated 28.06.2017

Team Taxcharcha

Updates on e-Filing portal of the Income Tax Department

Team Taxcharcha