Mera Samvidhaan All of Central Goods and Services Tax Act, 2017

Chapter IX · Returns

47Levy of late fee.

Section 47 · Chapter IX · page 51 of the Act

(1) Any registered person who fails to furnish the details of outward 1*** supplies required under section 37 2*** or returns required under section 39 or section 45 3[or section 52] by the due date shall pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum amount of five thousand rupees.

(2) Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent. of his turnover in the State or Union territory.

1 The words “or inward” omitted by Act 6 of 2022, s. 108 (w.e.f. 1-10-2022).

2 The words “or section 38” omitted by Act 6 of 2022, s. 108 (w.e.f. 1-10-2022).

3 Ins. by Act 6 of 2022, s. 108 (w.e.f. 1-10-2022).

Other provisions that mention Section 47

Section 47 of The Central Goods and Services Tax Act, 2017 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.