In the Notification no. 02/2023-Central Tax dated 31st March 2023, The Department has decided to waive off the late fee in filing the GSTR 4 for the periods July 2017 to March 2019 and for the FY 2019-20 to FY 2021-22 and restrict the late fee to the maximum of Rs. 250/-. For the taxpayers who have their central tax liability as NIL shall not have to pay any late fee for the respective periods. The said amnesty shall be applicable from 1st April 2023 to June 2023.
In order to understand it further, the late fee of Rs. 250/- CGST + Rs. 250- SGST shall be applicable for the understanding of this Notification and those registered persons shall have to file the GSTR 4 between the period 01-04-2023 to 30-06-2023.
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