Late Fee for GSTR1 reduced
Amount of late fee for GSTR1 which is payable by any registered person for failure to furnish the details of outward supplies for any month/quarter in FORM GSTR-1 by the due date under section 47 of the CGST Act, shall be reduced to Rs 25 Per day.
If the return to be furnished in GSTR1 does not contain any details, i.e. there are no outward supply for that particular month and the return to be filed is nil, then the late fee payable shall be reduced to Rs 10 per day.
Similar notifications shall also be notified in respective SGST Acts. Read the Notification No. 4/2018 – Central Tax below: