Sometimes you need to show a good faith and file your monthly GST returns on time despite no risk of attracting a late filing penalty. GSTR-7 is one such monthly return. The Goods and Services Tax ...
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GSTR-7 Filing Update: No Late Fee For ‘Nil’ Returns In October and Beyond - Details
If a taxpayer has filed ‘nil’ in the GSTR-7 form and has crossed the deadline for filing the Goods and Services Tax Network, no penalty will be levied. This does not apply to those taxpayers who are ...
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