Delayed filing of returns: Rs 4,172 crore late fee collected since GST launch

A total of Rs 4,172.44 crore was collected by the government as late fee for delayed filing of various goods and services tax (GST) returns since the implementation of the indirect tax regime on July 1, 2017, till February 4, 2019, Finance Minstry data showed. Advertising GST-related laws provide for levy of late fee to discourage delayed filings of returns, the fee for which has been brought down…