Reduction in Late Fee for annual return from FY 2022-23 onwards

Notification No.07/2023 Central Tax

Reduction in Late Fee for annual return from FY 2022-23 onwards

Maximum Late fee for annual return for FY 2017-18, 2018-19, 2019-20, 2020-21 or 2021-22 is Rs.20,000 if it will be filed between 01/04/23 to 30/06/23