Post executing revision in section 37(4) of the Central GST Act, 2017, the GST department has executed providinglate fees for defaulters of GSTR-1. According to section 37(4), an enrolled individual will not be permitted to file information on the outward supplies under sub-section (1) f...
This is subject to a maximum of 0.25% of the taxpayer’s turnover in the relevant state or union territory, as per the Act. However, no late fee has been imposed on IGST so far. get more Get Demo of GSTR 9 Filing Software? How to GSTR 9 Return Offline Tool (v1.5) The main pu...
The GST penalty for late filing is subject to a maximum of INR 5,000 Update as on 22nd December 2020:CGST Rules, 2017 duly amended to insert Rule 59(6) – A registered person (a) shall not be allowed to file GSTR-1, if he has failed to file GSTR-3B for the preceding two month...