The Central Government, by the Notification No. 02-07/2023, has notified many amendments to the Central Goods and Services Tax Act, 2017 and Central Goods and Services Tax Rules, 2017, lessening the GST compliance burden on the taxpayers.
The major reliefs and amendments are–
- Late fee for filing GSTR-4 between April 1 to June 30, 2023, for the quarters from July 2017 to March 2019 or FY 2019-20 to FY 2021-22 will be Rs. 500 maximum.
- Late fee for GSTR-9 filed late between April 1 to June 30, 2023, will be restricted to Rs. 20,000 for FY 2017-18 to 2021-22.
- ….
Read further Taxscan
Follow us on
Latest Posts in "India"
- Ahmedabad Customs Inspector Arrested for Alleged ₹2 Crore IGST Credit Fraud in Export Scam
- ISF Urges GST Cut, Women-Specific Tax Slab to Boost Formal, Inclusive Employment in India
- Punjab Software Engineer Arrested for Designing Fake GST Portal in Multi-State Tax Fraud Bust
- Supreme Court to Decide if Industrial Felt is ‘Fabric’ or ‘Machinery Part’ for VAT Purposes
- Supreme Court Rules: “Parts” Must Functionally Integrate into Machinery, Rejecting End-Use Claims
