GST late fee waiver unfair, say those who have paid

GST late fee waiver unfair, say those who have paid

GST council's decision to waive late fee for assesses who have not filed any of their GST returns from July 2017 till March 2020 has raised several eyebrows. As the waiver has been given with the condition that such return should be filed between July 1st till September 30th, 2020, huge resentment is being witnessed amongst those assesses who have already paid huge penalties and filed their delayed GST returns.

Such tax payers are now seeking refund of the late fees paid by them citing the reason that this is injustice to them. Several tax professionals too are of the view that the waiver of late fee should be extended to the tax payers who already paid these.

According to Narinder Bhamra, president of Fasteners Manufacturers Association of India, "It is really shocking that the tax payers who defaulted on filing of GST returns for months but later filed these by paying huge late fees have been shown no leniency for their compliance.