Important Notification: Waiver of Late Fees Under Section 47 of the CGST Act

The government has announced a waiver of late fees for certain financial years under Section 47 of the CGST Act. Here’s what you need to know:

  • Applicable Financial Years: 2017-18 to 2022-23.
  • Who Can Benefit: Registered persons who missed filing the reconciliation statement (FORM GSTR-9C) along with the annual return (FORM GSTR-9) within the due date.
  • Deadline for Submission: The waiver is applicable if the reconciliation statement is filed on or before March 31, 2025.
  • No Refund Policy: Late fees already paid will not be refunded.

Act now to take advantage of this waiver and avoid additional penalties!

Click Here for Official Notification

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