GSTR-5A late fee waiver notification rescinded-Furnishing GSTR-5A after due date shall now attract prescribed late fee

GSTR-5A late fee waiver notification rescinded. Now furnishing of Form GSTR-5A after due date shall attract prescribed late fee.

Central Board of Excise and Customs (CBEC) vide Notification No. 6/2018-Central Tax New Delhi, the 23rd January, 2018  had waved the amount of late fee payable for failure to furnish the return in FORM GSTR-5A by the due date which is in excess of an amount of twenty-five rupees for every day during which such failure continues:

Also, where the total amount of IGST payable was nil, the amount of late fee payable was restricted to ten rupees per day.

GSTR-5A late fee waiver notification rescinded

Now, the CBEC has by latest Notification No. 13/2018-Central Tax dated 7th March, 2018, rescinded the said notification No. 6/2018 meaning thereby that now wef 7th march, 2018 late fee is payable for delay in furnishing  FORM GSTR-5A by the taxpayers providing online information and database access or retrieval services from outside India to a non-taxable online entity 

Download Notification No. 13/2018-Central Tax Click Here >>

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