Blanket exemption of late fee unfair, says CBIC

Live Mint

The Central Board of Indirect Taxes and Customs (CBIC) has said that a blanket exemption of late fee would be unfair towards the taxpayers who filed February, March and April GST sales returns within the extended due date of June 24. A conditional waiver of late fee had been provided for taxpayers as relief to businesses amid the Covid-19 pandemic. "A blanket exemption of late fee would have been…

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