47. Levy of late fee
(1)
Any registered person who fails to furnish the details of outward *** supplies required under section 37 *** or returns required under section 39 or section 45 [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.
Amendment notes (3)
- omitted w.e.f. 1-10-2022 . The words "or inward" omitted by Act 6 of 2022, s. 108 (w.e.f. 1-10-2022).
- omitted w.e.f. 1-10-2022 . The words "or section 38" omitted by s. 108, ibid. (w.e.f. 1-10-2022).
- Ins w.e.f. 1-10-2022 . Ins. by s. 108, ibid. (w.e.f. 1-10-2022).