The Government of Gujarat on October 29, 2024, issued a notification related to the FORM GSTR-7.
The following have been stated:
This notification is issued to waive late fees for registered persons required to deduct tax at source under Section 51 of the Gujarat Goods and Services Tax Act, 2017. This waiver applies to the late filing of FORM GSTR-7 returns from June 2021 onwards.
The following are the key points that includes:
• The late fee is limited to ₹25 per day of delay.
• The maximum late fee is capped at ₹1,000.
• No late fee will be charged if no tax was deducted for the month.
This notification shall come into force on November 01, 2024.
[Notification No. (GHN-50)/GST-2024/S.128(43)/GST Cell]
