Notification on Rationalization of Late fee for delay in furnishing of Outward Supplies in FORM – GSTR-01 (dated – 28.07.2021) – Govt. of Andhra Pradesh
View PdfNotification on Rationalization of Late fee for delay in furnishing of Outward Supplies in FORM – GSTR-01 (dated – 28.07.2021) – Govt. of Andhra Pradesh
- In said notification, after the fourth proviso, the following inserted:
- ” Provided also that the total amount of late fee payable under section 47 of the said Act for the tax period June, 2021 onwards or quarter ending June, 2021 onwards, as the case may be, shall stand waived which is in excess of an amount as specified in column (3) of the table given below, for the class of registered persons mentioned in the corresponding entry in column(2) of the said table, who fail to furnish the details of outward supplies in FORM GSTR -1 by the due date namely:
- Registered persons who have nil outward supplies in the tax period – Two hundred and fifty rupees.
- Registered persons having an aggregate turnover of up to rupees 1.5 crores in the preceding financial year, other than those covered under S.No.1 – One thousand rupees.
- Registered persons having an aggregate turnover of more than rupees 1.5 crores and up to rupees 5 crores in the preceding financial year, other than those covered under S.No. 1 – Two thousand and five hundred rupees.
