Late Fee on nil tax liability in GSTR-3B

Reading Time: 2 minutes Rationalization of late fee imposed u/s 47 of the CGST Act GST Return Late Fee, To reduce burden of late fee on smaller taxpayers, late fee structure CBIC has been rationalized for prospective tax periods by aligning the upper cap of late fee with tax liability/ turnover of the taxpayers, as follows: The late fee
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