Three CGST Notifications have been issued yesterday viz 22-12-2020 which includes Notification No. 93/2020- Central Tax dated 22-12-2020 whereby fourth proviso has been inserted in Notification No. 73/2017- Central Tax dated 29-12-2017 to waive late fee on failure to furnish Form GSTR-4 for FY 2019-20, from November 1, 2020 till December 31, 2020 for the registered person having principal place of business in the Union Territory of Ladakh.
It may be noted that Form GSTR-4 is an annual return for a registered person who has opted for composition levy or availing benefit of Notification No. 02/2019- Central Tax (Rate) and the extended due date for filing of GSTR-4 for FY 2019-20 was 31-10-2020. A late fee of Rs. 200 per day subject to maximum of Rs 10,000/- is levied if the GSTR-4 is not filed within the due date.
Now tax payers in Ladakh can file GSTR-4 for FY 2019-20 till 31-12-2020 without levy of any late fee.
For ready reference of our readers the the newly inserted proviso reads as under:
“Provided also that the late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2019-20 under section 47 of the said Act, from the 1st day of November, 2020 till the 31st day of December, 2020 shall stand waived for the registered person whose principal place of business is in the Union Territory of Ladakh.”
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