20 February 2020
According to GST laws, the fee for late filing of the returns is Rs 25 per day for Central GST (CGST) and an equal amount under State GST (SGST). However, those businesses who have to file returns but have 'nil' tax liability would have to pay a fine of Rs 10 under CGST law, and an equal amount under SGST law.
I.E 50 RS PER DAY FOR OTHER THAN NIL RETURN AND 20 RS PER DAY FOR NIL RETURN ASSESSES.
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