Late fee for composition taxpayer

Save Share

This query is : Resolved

Quick Summary

This discussion addresses the late fee for composition taxpayers who fail to file their GSTR-4 return on time, which is typically Rs 50 per day. However, it also highlights a significant waiver by CBIC, exempting taxpayers from late fees and penalties for non-filing or late payment of taxes for the period between July 2017 and September 2018.

Rahul sharma

Rahul sharma (Querist)
Follow

29 June 2020 Sir ,
Pls tell me Late for Composition Taxpayer if not filled the return in Time limit

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

29 June 2020 It is Rs 50 (25+25) per day

However, CBIC has notified the waiver of late fees for non-filing of GSTR-4 and non-payment of taxes between July 2017 and September 2018.

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

29 June 2020 Please ignore the above details.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now