Goods & Service Tax (GST) 17 October 2026
GST Late Fee Waiver Eases Small Taxpayer Burden
The government announced a waiver of GST late fees for small taxpayers, applying Section 47’s normal penalty rules but exempting them from charges if they file GSTR‑3B after the due date. The move aims to cut compliance costs for small businesses and will be outlined in a forthcoming notification.
GST late fee waiver provides relief for small taxpayers. The government will waive penalties under Section 47 for those filing GSTR‑3B past the deadline.
- Applies only to small GST registrants
- Normal late fee rules still apply to larger taxpayers
- Detailed guidelines to be issued soon
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