08/2025 grants a late fee waiver under Section 47 of the CGST Act for annual returns (FORM GSTR-9) for the financial years 2017-18 to 2022-23. This relief applies to registered taxpayers who have not yet submitted the reconciliation statement (FORM GSTR-9C) along with their annual ...
Section 47 of CGST Act, 2017 Levy of late fee Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances, IGST Act 2017 Section 42 of CGST Act, 2017 Matching, reversal and reclaim of input tax credit ...
Section 47 of the CGST Act is being amended so as to provide for levy of late fee for delayed filing of return under section 52. Further, reference to section 38 is being removed consequent to the amendment in section 38 of the CGST Act. [107] 10. Consequent to the amendment i...
What is an Exempt Supply under GST? As per section 2(47) of CGST Act 2017, an exempt supply means any goods or services or both: which attract nil rate of tax or that may be wholly exempt from tax under section 11 or may be wholly exempt from tax under section 6 of IGST act or ...
Section 47-5(1) of the Fuel Tax Act states as follows: You cease to be entitled to a fuel tax credit to the extent that it has not been taken into account, in an assessment of a net fuel amount of yours, during the period of 4 years after the day on which you were required to...
Section 47 of CGST Act, 2017 Levy of late fee Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances, IGST Act 2017 How to amend spelling error in IGM. in India How to avoid delay in receiving OBL Original Bill of Lading?
Section 47 of CGST Act, 2017 Levy of late fee Triangular export Triangular shipment Types of Insurance Documents. What is Express Release Bill of Lading What is FIRC in export import business Baggage clearance after GST implementation Refund of SAD paid on imports ...
A late fine shall be imposed if any delay in the return for an outgoing supply is furnished as per section 47 of the CGST act. Following that, a late fee will be applied for the delay in filing the quarterly returns and the information of outgoing supply. It is understood that there wi...
“Fourthly, the tax remaining unpaid as on the date of the option, under section 47(1)(a) of Kerala General Sales Tax Act, 1963, section 17B(1)(a) of the Kerala Tax on Luxuries Act, 1976, and section 74(1)(a) of the Kerala Value Added Tax Act, 2003 pursuant to the payment of...
GST Revenue Collection 2025. Total CGST, SGST and IGST since July 1, 2017. Goods and Services Tax paid by filing GST returns by Taxpayers.