Section 47 of CGST Act

Levy of Late Fee

Enforced with effect from 1-7-2017.

Section 47 (1)

Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section 38 or returns required under section 39 or section 45 [or section 52] by the due date shall pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum amount of five thousand rupees.

[Words "or inward" omitted by the Finance Act, 2022, w.e.f. 1-10-2022.

Words "or section 38” omitted by the Finance Act, 2022, w.e.f. 1-10-2022.

Words "or section 52” Inserted by the Finance Act, 2022, w.e.f. 1-10-2022].

Section 47 (2)

Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent of his turnover in the State or Unive territory.

• For waiver of late fee payable for all registered persons who failed to furnish return in Form GSTR-4 by due date, see Notification No. 73/2017-Central Tax, dated 29-12-2017.

• For waiver of late fee for all registered persons who failed to furnish return in Form GST 1 by due date, see Notification No. 4/2018-Central Tax, dated 23-1-2018.

• For waiver of late fee for furnishing return in Form GSTR-7 by specified due date see Notification No. 22/2021-Central Tax, dated 1-6-2021.

• For waiver of late fee payable by specified classes of taxpayers, see Notification No. 41/2019 Central Tax, dated 31-8-2019.