The Central Board of Indirect Taxes and Customs (CBIC) has finally announced the GSTR-9 amnesty scheme, bringing relief to non-filers of the Goods and Services Tax (GST) annual returns. The Central Tax notification 07/2023, was issued on 31st March 2023, with significant benefits for those who missed previous deadlines for filing their annual returns in Form GSTR-9. One of the major reasons for businesses delaying the filing of their GSTR-9 was the high late fee charges, which were often in lakhs of rupees.
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