GST + NOTIFICATION

Notification No. 73/2017 – Central Tax

New Delhi, the 29^th December, 2017 

G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby waives the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the return in FORM GSTR-4 by the due date, which is in excess of an amount of twenty five rupees for every day during which such failure continues:

Provided that where the total amount payable in lieu of central tax in the said return is nil, the amount of late fee payable under section 47 of the said Act, by any registered person for failure to furnish the said return by the due date shall stand waived to the extent which is in excess of an amount of ten rupees for every day during which such failure continues. 

Notification No. 1/2018- Central Tax  

                                                New Delhi, the 1^st January, 2018

G.S.R.     (E).- In exercise of the powers conferred by sub-section (1) of section 10 of the Central Goods and Services Tax Act, 2017 (12 of 2017) the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.8/2017- Central Tax, dated the 27^th  June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 647 (E), dated the 27^th June, 2017, namely:-                                                                                   

In the said notification, in the opening paragraph, -                                         

(a)    in clause (i), for the words “one per cent.”, the words “half per cent.” shall be substituted;                                                                                         

(b)    in clause (iii), for the words “half per cent. of the turnover”, the words  “half per cent.

of the turnover of taxable supplies of goods” shall be substituted.