Section-42. Levy of late fee

                     Section-42.                                              Levy of late fee

(1) Any registered taxable person who fails to furnish the details of outward or

inward supplies required under section 32 or section 33, as the case may be, or

returns required under section 34 or section 40 by the due date shall be liable to

pay late fee of one hundred rupees for every day during which such failure

continues subject to a maximum of five thousand rupees.

(2) Any registered taxable person who fails to furnish the return required under

section 39 by the due date shall be liable to 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 percent of his turnover in the State.

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