GSTR-5A late fee waiver notification rescinded-Furnishing GSTR-5A after due date shall now attract prescribed late fee

GSTR-5A late fee waiver notification rescinded.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.

Now, the CBEC has by latest Notification No. 13/2018-Central Tax dated 7th March, 2018, rescinded the said notification No. 6/2018 meaning thereby that now wef 7th march, 2018 late fee is payable for delay in furnishing  FORM GSTR-5A by the taxpayers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 >>