Late fees

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saket gupta (Querist)
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28 December 2017 I amin the business of brick bhatta. I am registered as composite dealer on 1.10.2017. I didnt file any return for july to september .

what is late fee and interest

Udaya Chandran

Udaya Chandran (Expert)
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28 December 2017 Interest is @ 18% p.a. and late fee as per what your gst portal shows for each month.

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RAJA P M

RAJA P M (Expert)
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28 December 2017 If you registered on or after 01/10/2017 then you don't want file the Quarter of "July-September" GSTR 4 return..
You will start from "October-December" return... Due Date is (18th Jan 2018)*

In case you can't file on or Before Due date Late Fee is applicable. For "NIL RETURN" Rs. 20 (CGST 10 & SGST 10). For "Transaction Return" Rs. 50 (CGST 25 & SGST 25)...
Interest is applicable only for Late Payment and Rate @ 18% p.a

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saket gupta

saket gupta (Querist)
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28 December 2017 SIR, I REGISTRED IN VAT PREVIOUSLY

RAJA P M

RAJA P M (Expert)
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28 December 2017 Oh... Okay Okay.
You mean From July to September you are Regular Dealer...

1. No more Late fee applicable for GSTR 3B.
2. Any liabilities for above said periods the You ll be pay Interest @ 18% p.a.
3. File your GSTR 1 for the periods as per your T/O. If you can't file on or before Due Date (31/12/2017) then Late FEE is applicable for GSTR 1***....

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RAJA P M

RAJA P M (Expert)
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28 December 2017 ***GSTR 1 :

As per your Query your T/O is less than 1.5cr. So, You can file GSTR 1 for Quarterly based. So, File the Return on or Before 31/12/2017.

>>> GOOD LUCK <<<

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saket gupta

saket gupta (Querist)
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28 December 2017 Thanks sir.
One if my client had rice mill.for July to Nov ,he is regular dealer
From 1/10/2017,he opted composite..
For GSTR 4 ,IN TUROVER COLUNM
''WHETHER AGGREGATE T/O FOR OCT TO DEC will be filed or only December t/o ???
If Oct to December quarter to be filled,then on. Oct to Nov 1% have been charged which I filled as regular dealer

Thanking you

RAJA P M

RAJA P M (Expert)
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29 December 2017 It's not cleared. Please explain yourself once again...

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