Government Waives Excess Late Fee for Delayed GSTR-4 Returns
The Ministry of Finance has announced amendments to the Central Goods and Services Tax Act, 2017, waiving the late fee in excess of INR 250 for registered persons who fail to furnish GSTR-4 returns for the quarters from July 2017 to March 2019 or for the financial years from 2019-20 to 2021-22 by the due date. The waiver will apply to returns filed between April 1, 2023, and June 30, 2023. Furthermore, the late fee will be fully waived for those with a nil total amount of central tax payable in their GSTR-4 returns.
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