Important Keyword: Notification 73/2017 Central Tax, GSTR-4 late fee waiver, GST late fee reduction, Section 128 CGST Act, Composition Scheme penalty relief, GST GSTR-4 delay penalty India,
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Table of Contents
[F. No. 349/58/2017-GST(Pt.)]
Government of India
Ministry of Finance
(Department of Revenue)
[Central Board of Excise and Customs]
New Delhi, the 29th December, 2017
Notification No. 73/2017 – Central Tax: Waives the late fee payable for failure to furnish the return in FORM GSTR-4
GST: [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the return in FORM GSTR-4 by the due date, which is in excess of an amount of twenty five rupees for every day during which such failure continues:
Provided that where the total amount payable in lieu of central tax in the said return is nil, the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the said return by the due date shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues.
(Ruchi Bisht)
Under Secretary to the
Government of India
📚 Frequently Asked Questions (FAQs): Notification No. 73/2017 – Central Tax
Q1: What is Notification No. 73/2017 – Central Tax?
Answer:
It is a GST notification that reduces late fee for delayed filing of FORM GSTR-4.
Q2: Under which section was it issued?
Answer:
Under Section 128 of CGST Act (Power to waive late fee).
Q3: What is the maximum late fee after this notification?
Answer:
₹25 per day (tax payable cases)
₹10 per day (NIL tax cases)
Q4: Does it apply to all taxpayers?
Answer:
No. It applies only to composition taxpayers filing GSTR-4.
Q5: Does it waive entire late fee?
Answer:
No. It waives excess amount beyond ₹25 or ₹10 per day.
Q6: Is SGST late fee also reduced?
Answer:
Yes, through respective State notifications.
Q7: Is GSTR-4 still quarterly?
Answer:
Currently GSTR-4 is annual after amendments in 2019.
Q8: What happens if GSTR-4 is not filed at all?
Answer:
Late fee continues to accumulate and GST registration may be cancelled.
Q9: Can late fee be refunded if already paid?
Answer:
Generally no, unless specific refund notification issued.
Q10: Does interest apply separately?
Answer:
Yes. Interest under Section 50 applies on tax payable.
Q11: What is Composition Scheme?
Answer:
A simplified GST scheme under Section 10 for small taxpayers.
Q12: Can composition dealer claim ITC?
Answer:
No. Composition dealers cannot claim ITC.
Q13: How to avoid GSTR-4 late fee?
Answer:
File return before due date and maintain proper compliance calendar.
Q14: Is late fee capped?
Answer:
Late fee is subject to maximum limits as prescribed under GST rules.
Q15: How can Finodha help in GSTR-4 compliance?
Answer:
Finodha provides complete GST return filing and compliance support.
👉 Start GST filing today:
https://finodha.in/gst-return-filing/
Download PDF: Notification No. 73/2017 – Central Tax
More Information: https://taxinformation.cbic.gov.in/
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