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

The Taxation Laws (Amendment) Act 2021

Team Taxcharcha

CBIC amends Notification No. 4/2017 – Central Tax (Rate)

Team Taxcharcha

Extension of due date for 24Q TDS return filing for Q4 of FY 2018-19

Team Taxcharcha