02 September 2017
Interest on late Deposit @ 18% calculated from Due Date of payment to Actual Date of Payment.
Section 47 of the Central Goods & Service Tax Act 2017 provides for late filing fees of Rs 100 per day subject to maximum of Rs 5000/-.
CBEC vide Notification No.28 /2017 – Central Tax dated 01st September, 2017 have waived the late fee payable under section 47 of the said Act, for all registered persons who failed to furnish the return in FORM GSTR-3B for the month of July 2017 by the due date.
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