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CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Overview of Goods and Services Tax

Under the IGST Act, 2017, the provisions of the CGST Act on returns apply mutatis mutandis to integrated tax, but one aspect of returns is expressly excluded. Which is it?

Late fee is the excluded aspect. Section 20 of the IGST Act applies the CGST return provisions to integrated tax mutatis mutandis, but states them as 'returns, other than late fee', so late fee is not carried over through that section.

  1. ALate feeCorrect
  2. BFiling date
  3. CInterest on delayed payment
  4. DTax invoice details

Explanation

Section 20 of the IGST Act lists 'returns, other than late fee' among the CGST provisions applied to integrated tax. So late fee is excluded; the late fee provisions are not applied through the IGST Act, while interest and penalty provisions are applied under the miscellaneous heading.

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