As per the GST law, the late fee for notfiling the GSTR-1is Rs 200 per day for late filing (Rs 100 according to the CGST Act and Rs. 100 under the SGST Act). The late fee levied will be from the published date to the last date. After the furnished notification dated February 20...
Now we are filling GSTR 1, do we need to pay any late fee or interest for GSTR 1 filling, if yes please let us know how to pay and how to calculate the late fee for the same. Thanks. Reply SAG Infotech February 12, 2019 at 10:17 am The late fee will be charged at 50/-...
01 June 2021: To reduce the burden of late fee on small taxpayers, the upper cap of late fee was rationalized to align late fee with tax liability/ turnover of the taxpayers, as follows: Return type Maximum late fees cap per return Criteria GSTR 3B & 1 Rs. 500 (Rs. 250 each for ...
I want to know what is the due date for filing GSTR-3B and GSTR-1 for March, 2020 as per latest circular. Also want to know the Interest and Late fee applicable incase of late filing of returns.Regards,Divyesh Jain CA R SEETHARAMAN (Expert) Follow 15 June 2020 To provide relie...
"GSTR-3B Interest & Late Fee Calculator" will auto calculate the Interest and Late Fee liabilities from July 2017 to August 2020. Benefits of GSTR-3B Interest & Late Fee Calculator : Auto calculate the Interest along with Late Fee amount for the month of July 2017 to August 2020. Calculat...
There is no late fee to be paid, etc. In case of Yes (File Nil Return): Select “yes” for option 1 to file nil return Click the “next” button Click on “compute liabilities” and proceed to file File GSTR-9 with DSC/EVC ...
“Provided also that the late fee payable for delay in furnishing ofFORM GSTR-4for the Financial Year 2021-22 undersection 47of the said Act shall stand waived for the period from the 1st day of May, 2022 till the 30th day of June, 2022.”. ...
GSTR-3B Late Fee Under GST, it is mandatory for every taxpayer to file the monthly return form GSTR-3B, irrespective of the turnover. The penal proviso applicable on failure to file GSTR-3B are as follows: CGST and SGST/UTGST Act – Rs. 200 per day (100rs each for CGST and SGST...
Details of interest and late fee payable in Form GSTR-3B 6.Provide details of payment of taxes, interest and late fee. Note: You can click on “add” or “delete” to make modifications in the respective tiles. Once data is entered on a tile, click on “confirm.” ...
Interest, Late Fee payable and paidInterest and late fees payable for late filing or late payment of GST have to be mentioned here, including details of payment actually made. Refund claimed from Electronic cash ledger:Any refund of excess taxes paid can be claimed here. The refund has to be...