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Maximum late fee capped at INR 500 for Form GSTR-10 (FINAL RETURN under GST)

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Late fees capped at Rs. 500 for delay in filing Final Return in Form GSTR 10 if it is filed between 22/09/2020 to 31/12/2020 vide Notification No. 68/2020 Central Tax dated 21st September 2020. A taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10. Rs. 500 is sum of fine under Both CGST and SGST Law.



SOURCE : CBIC NOTIFICATIONS

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