Friday, July 3, 2020

CBIC notifies Late fee capped at Rs. 500/- for each GSTR-3B Return [Read Notification]

In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs. 500/- (five hundred only) per return for the tax period July 2017 to July 2020 subject to the condition that such GSTR -3B returns being filed before 30th September 2020. A notification […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2VXNYv5

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