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