GST Notification 22/2021 | Late fees applicable for delay in filing GSTR 7 from the month of June-21 is rationalized

GST Notification 22/2021-Central Tax ,dt. 01-06-2021

In case of delay in filing GSTR 7, late fees of
Rs. 50 per day of delay i.e. Rs. 25 each for CGST and SGST subject to maximum of Rs 2000/- i.e.Rs. 1,000 CGST + Rs 1,000 SGST will be applicable from the month of June 21

Samaira Tolani

Samaira Tolani is a Chartered Accountant with 4 years of experience in Compliance and Financial Reporting. She is a GST expert, currently working with IRIS as GST Consultant . Before this, she was part of compliance team of Blue Star, Piramal Pharma and Novartis. A diploma holder in IFRS with ACCA, she loves listening to music, travelling and reading fiction.

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