CBIC waives off late fee on late GST filing

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified waiver of late free, capping of  late fee  at Rs 500 in some cases, interest payable on late payments and extension of due dates for businesses to file goods and service tax ( GST ) returns for the Covid-19 impacted period, till October.  The decisions were taken by the GST Council on June 12.  Taxpayers who…