GST
This query is : Resolved
20 February 2020
Dear Expert,
Exempted outward suppliers last date of filing GSTR-1
Can you please advise the penalty of filing after due date
Expert ?
Exempted outward suppliers last date of filing GSTR-1
Can you please advise the penalty of filing after due date
Expert ?
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.
I.E 50 RS PER DAY FOR OTHER THAN NIL RETURN
AND 20 RS PER DAY FOR NIL RETURN ASSESSES.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Correction in TDS return New Traces Portal
- Missed TDS
- Gst reverse charge mechanism to be claimed in the month of payment
- Rent claimed on building given on permissive possession basis
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
