(1)
Ļ¯ೇಷ ªಾಜÍ ಪĦÎೆ
GOVERNMENT OF KARNATAKA
No. FD 20 CSL 2023 Karnataka Government Secretariat,
Vidhana Soudha,
Bengaluru, dated:06.04.2023
NOTIFICATION (04/2023)
In exercise of the powers conferred by section 128 of the Karnataka Goods and
Services Tax Act, 2017 (Karnataka Act 27 of 2017) (herein after referred to as the said Act),
the Government of Karnataka, on the recommendations of the Council, hereby waives the
amount of late fee referred to in section 47 of the said Act in respect of the return to be
furnished under section 44 of the said Act for the financial year 2022-23 onwards, which is
in excess of amount as specified in Column (3) of the Table below, for the classes of registered
persons mentioned in the corresponding entry in Column (2) of the Table below, who fails to
furnish the return by the due date, namely:—
Table
Serial
Number
Class of registered persons
Amount
(1)
(2)
(3)
1.
Registered
persons
having
an
aggregate turnover of up to five crore
rupees in the relevant financial year.
Twenty-five rupees per day, subject
to a maximum of an amount
calculated at 0.02 per cent. of
turnover in the State.
2.
Registered
persons
having
an
aggregate turnover of more than five
crores rupees and up to twenty crore
rupees in the relevant financial year.
Fifty rupees per day, subject to a
maximum of an amount calculated at
0.02 per cent. of turnover in the State.
¨sÁUÀ – 4ಎ
Part – IVA
, 06
2023(
, 16
1945)
BENGALURU, THURSDAY, 06, APRIL, 2023(CHAITHRA, 16, SHAKAVARSHA, 1945)
. 158
No. 158