The Tamil Nadu Government Gazette Extraordinary, No. 50, issued on Friday, January 31, 2025, publishes a notification from the Commercial Taxes and Registration Department regarding the Tamil Nadu Goods and Services Tax Act, 2017. Notification No. II(2)/CTR/82(b)/2025, issued under G.O. Ms. No. 45, waives the late fee amount mentioned in section 47 of the Act. This waiver applies to returns furnished under section 44 for the financial years 2017-18, 2018-19, 2019-20, 2020-21, 2021-22, and 2022-23. This is applicable to registered persons who were required to furnish reconciliation statements in FORM GSTR-9C along with their annual return in FORM GSTR-9 but failed to do so, provided they furnish the GSTR-9C statement on or before March 31, 2025. No refund of late fees already paid for delayed GSTR-9C furnishing for these financial years will be available. The notification is effective from January 23, 2025. Brajendra Navnit, Principal Secretary to Government.
Key Entities Referenced
Tamil Nadu Goods and Services Tax Act, 2017: Primary law referenced for waiving late fees on returns.
Section 128: Section of the Tamil Nadu Goods and Services Tax Act, 2017 granting the power to waive late fees.
Section 47: Section of the Tamil Nadu Goods and Services Tax Act, 2017 related to late fees being waived.
FORM GSTR-9C: Form for reconciliation statement referenced in the context of waiving late fees.
Commercial Taxes and Registration Department: Department issuing the notification.