19. Late fee payable and paid: Late fee will be payable if the annual return is filed after the due date. “Towards the end of the return, taxpayers shall be given the option to pay any additional liability declared in this form, through FORM DRC-03. Taxpayers shall select “Annual Ret...
“Extension of the due date of filing GSTR-4 for FY 2020-21 to 31.07.2021.” Read Press Release “Form GSTR-4 Annual Return by Composition Taxpayers, for the FY 2019-20, is now available for filing.” GSTR 4 return revisions under 32nd GST council meeting: File annual return instead...
After the “compute liabilities” button is clicked, details provided in various tables are processed on the GST Portal at the back end and late fee liabilities, if any, are computed.Late fee is calculatedif there is delay in filing GSTR-9 annual return beyond the due date. In case, reco...
For a tax-paying citizen that hasn't submitted theirGSTR-10by the due date, a notification is sent to them. The individual is then afforded an additional 15 days to file the return with all the necessary documentation. If the individual continues to fail to submit the return, the tax off...
Bimal Jain, Chairman, Indirect Tax Committee, PHD Chamber of Commerce, had highlighted critical issues therein which the taxpayer may face and which requires immediate attention of the Government along with highlighting key issues demanding extension of due date for filing Annual Return, in the ...
GSTR-3B is a self-declaration GST return form that a taxpayer is required to file on a monthly basis. It has a summarized details of supplies made during the month. Read on to know more… GSTR-3B Introduction GSTR-3B Due Date
A taxpayer who fails to file the relevant return before the due date has to pay a penalty along with the return he files. The amount of penalty or late fee applicable differs from a return to return. Let us have a look at them. Late Fees of GST Annual Return A late fee of INR 200...
4. If the businesses file their return after the due date, they will be levied to Pay rupees 50 per day of delay Rupees 20 per day of delay for taxpayers that have a Nil tax liability for the month If, in case, the GST dues are still not paid within the due date, then the taxpa...
Filing GST Return 1 & IFF by Taxpayers Filing GSTR by Taxpayers of TDS, TCS, NRTP & ISD 4th Quarter Filing GST ITC 04 Form The due date for the purpose offiling of Form GST ITC-04(to be filed by Principal/Manufacturer for goods sent/supplied/received from Job Worker) for the quarter...
Late Fees:From the due date till the actual filing date, the taxpayer will be charged Rs. 50 each day. If you file your NIL return late, you will be penalized Rs. 20 each day. Frequently Asked Questions (FAQs) on GSTR-6 Check the following frequently asked questions based on GSTR-6...