GSTR1 LATE FEES

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This query is : Resolved

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Yes, late fees are applicable for delayed GSTR1 filings. While there was a one-time opportunity to file backlogged returns from July 2017 to November 2019 without penalty, this waiver ended on 10 January 2020. After this date, a daily late fee of at least Rs 100 (Rs 50 for CGST and Rs 50 for SGST) is charged for non-filing.

NILAM

NILAM (Querist)

09 March 2020 DEAR SIR,

GSTR1 LATE FEE APPLICABLE ??

WE HAVE NOT FILE GSTR1 SINCE JULY 2019

Eswar Reddy S

Eswar Reddy S (Expert)

09 March 2020 Yes.Late fee is applicable for delay in filing GST Returns

CA Anita Bhadra

CA Anita Bhadra (Expert)

10 March 2020 An option was given to taxpayers to file their return without late fee .

Taxpayers could clear their backlog of GSTR-1, pending from July 2017 to November 2019 without paying any late fees as the authorities have provided a one-time measure to clear backlogs. However, the late fee waiver was applicable only till 10 January 2020, beyond which a late fee of at least Rs 100 (50+50) per day is to be charged for non-filing of GSTR-1, according to the Central Board of Indirect Taxes (CBIC)

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