Summary of Notifications issued u/s 128

Notification No. 04/2018 - Central... Summary of late fees payable on GS...

Summary of Notifications issued u/...

1. Late fees payable on late furnishing of various return u/s 47

Description: Image result for images of pointing finger

As per section 47(1), late fees payable on late furnishing of (GSTR-1, 3B, 4, 5, 6, 7, 10), is lower of

Rs.100 for every day during which such failure continues

Rs.5,000.

Description: Image result for images of pointing finger

However, through various notifications issued u/s 128, CG has waived late fees which are as follows:

2. Waiver of late fees payable u/s 47 for late furnishing of following return

SN	Type of GST Return	Relevant Section	List of Notification issued u/s 128
1.	GSTR-3B	Section 39(1) read with rule 61(1)	Various Notifications
2.	GSTR-1	Section 37(1) read with rule 59(1)	Various Notifications
3.	GSTR-4	Section 39(2) read with Rule 62(1)(ii)	73/2017-Central Tax dt. 29-12-2017
4.	GSTR-5	Section 39(5) read with rule 63	05/2018-Central Tax dt. 23-01-2018
5.	GSTR-6	Section 39(4) read with rule 65	07/2018-Central Tax dt. 23-01-2018
6.	GSTR-7	Section 39(3) read with Rule 66(1)	23/2024-Central Tax dt. 08-10-2024
7.	GSTR-9	Section 44 read with Rule 80(1)	07/2023 - Central Tax dt. 31-03-2023
8.	GSTR-10	Section 45 read with Rule 81	68/2020-Central Tax dt. 21-09-2020
8A.	GSTR-10	Section 45 read with Rule 81	08/2023 - Central Tax dt. 31-03-2023

3. Waiver of general penalty payable u/s 125

SN	Type of violation	Relevant Section	List of Notification issued u/s 128
1.	RP having AT> Rs.500 Cr shall have Dynamic QR code on B2C invoice	6^th Proviso to Rule 46	28/2021 - Central Tax dated 30-06-2021