GST Late Fee on FORM GSTR-4 Waived [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of GST FORM GSTR-4 for the financial year 2021-22.

The notification was issued on Monday to give effect to the recommendation of the 47^th GST Council concluded in Chandigarh last week.

The notification has extended the waiver of late fee for delay in filing FORM GSTR-4 for FY 2021-22 stated to amend the principal notification that “In the said notification, in the sixth proviso, for the figures, letters and words “30th day of June, 2022”, the figures, letters and words “28thday of July, 2022” shall be substituted.”

Form GSTR-4 (Annual Return) is a yearly return to be filed once, for each financial year, by the taxpayers who have opted for the composition scheme during the financial year, or were in the Composition scheme for any period, during the said financial year, from 1st April, 2019 onwards.

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