Section 47 – Levy of Late Fee
Section 47 of CGST Act, 2017 – Levy of Late Fee Updated on: February 2026 (as applicable till date) Prepared by: Yours Tax Consultant 1. Scope and Purpose of Section 47 Section 47 provides for the levy of late fee for failure to furnish GST returns within the prescribed time. Late fee is a statutory consequence , distinct from interest or penalty, and is levied automatically by the GST system. 2. Statutory Provision – Section 47 Section 47(1): Any registered person who fails to furnish a return under section 39, section 44 or section 45 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 five thousand rupees . Section 47(2): Any registered person who fails to furnish the annual return 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 amount of twenty-fi...