The CBIC has notified the much-anticipated GSTR-9 amnesty scheme. The Central Tax notification 07/2023 was released on 31st March 2023 to notify two decisions that benefit GST annual return filers.
High late fee charges discouraged businesses from coming forward and filing the delayed GSTR-9. There have been many instances where the late fee was running into lakhs!
Source: cleartax.in
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