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No fee for late filing of GST returns for entities with nil liability: FM

Briefing reporters after GST Council meeting, she said the late fee for non-filing of monthly sales return for others has been reduced to a maximum of Rs 500 for July 2017 to January 2020 period

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FM says no fee for late filing of GST returns for entities with nil liability

1 min read Last Updated : Jun 13 2020 | 3:22 PM IST

Finance Minister Nirmala Sitharaman on Friday said no late fee will be levied for delayed filing of GST returns by registered entities with nil liability between July 2017 to January 2020.

Briefing reporters after GST Council meeting, she said the late fee for non-filing of monthly sales return for others has been reduced to a maximum of Rs 500 for July 2017 to January 2020 period.

ALSO READ: GST Council meet LIVE updates

GST Council - the apex decision making body of the indirect tax regime - discussed the impact of Covid-19, she said.

Inverted duty structure

Topics : Coronavirus GST returns Nirmala Sitharaman goes on sortie Indian Economy Finance Ministry

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