Waiver of Late Fee for Delayed GST Filing

Government amends GST notification to waive late fees for delayed filings.

Late fee under section 47 of the CGST Act waived for March, April, and May 2020.

Also applies to the quarter ending March 31, 2020.

Waiver applicable if details of outward supplies (FORM GSTR-1) filed by June 30, 2020.

Aimed at providing relief amidst COVID-19 disruptions.

Registered persons get reprieve for late filing during specified periods.

The move reflects government's efforts to support businesses facing challenges during the pandemic.