Govt caps late fee at Rs 500 for GST returns filed before Sept 30

Even those with nil liabilities had huge late fee outstanding under previous provisions; in their case it has been made zero now

The government has capped the late fee charged on late GST filing at Rs 500 per return if filed before September 30 this year, and has made it zero for those with nil tax liability, in a bid to clear the ongoing mess in the GST system. Under previous provisions, even those eligible for nil tax were to cough up large amounts of  late fee.

Earlier, the late fee was Rs 200 per day, with a cap of Rs 10,000 per return. The late fee relates to filing of the form GSTR3B, or the summary input-output returns. 

Even those with nil liability