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In New Delhi, the Finance minister, Arun Jaitley, relieves taxpayers by announcing there is no late payment fee for filing the form late after 26 August for July month but the interest on late tax payment of the GST is eligible. The taxpayer is liable to pay the late fee in case he missed out on the GSTR filing but for the July month, they are exempted from it. The above announcement is made by the government in an issued circular by CBEC. (Link Circular Order) The finance minister further says, there is a curriculum of 100 Rs. per day for late filing the GSTR for CGST and SGST taxes . Now, the interest will be charged from the taxpayers who have not paid any tax yet, and no late fee penalty for this month. The GST Council had already mentioned in a provision that in case of late tax payment after the due date there will be 18% interest on the taxable amount and a late fee payment which is 100 Rs. per day is applied for filing late the GST forms from the due dates . For July mo...