A late fee of INR 50 per day (INR 25 under CGST & INR 25 under SGST) from the day when notice is issued to the taxpayer, is applicable for not filing the monthly or quarterly returns. A late fee of INR 100 is not applicable on IGST for monthly/quarterly returns. Maximum Limit of ...
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...
6.1 Interest, Late Fee, Penalty and OthersThis section captures the details of tax paid across categories such as Interest, Late Fee, Penalty, and Other Charges. You can drill down to see that your transactions are neatly categorised into the respective sub-sections....
"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...
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.” Step 10: Save to File GSTR-3B Form ...
We have Filed GSTR 3B for Quarter (Oct 18, Nov 18 & Dec 18). We have missed the due date (31st Jan 2019) for GSTR 1 filling. 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 ...
“This is only for bigger companies. Majority of companies will have no interest, late fee or penalty,” DIVYESH JAIN (Querist) Follow 15 June 2020 Sir,Does that mean even if I file GSTR-3B and GSTR-1(quarterly) returns after 30th June, 2020 for businesses having turnover of less ...
GST late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2021-22. GST Notification No. 07/2022–Central Tax.
Once the status of Form GSTR-9 is “ready to file” and liabilities are calculated, “late fee payable and paid” tile gets enabled. When late fee payable and paid tile gets enabled before filing GSTR-9 Click on the “late fee payable and paid” tile or on the “proceed to file” ...
You should note that in the GST portal the late fee on the GSTR-1 is not in demand currently since a segment of payment challan in PMT-06 at the time offiling of the GSTR-3B. The claimed input on the missing invoices via the recipient would get furnished via the seller in the subs...